Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

The talk of the crypto community in the past few months has been the gaps on the Bitcoin (BTC) CME (Chicago Mercantile Exchange) futures chart. Bitcoin trades 24/7 on major exchanges but does not ...

A breakaway gap is the quintessential breakout. Typically event-driven, such as a strong earnings report, these price gaps can send a stock catapulting out of a good base. Why do they occur? Buying ...

One of the most valuable lessons I have learned is stocks with bullish momentum tend to continue higher in the stock market. Instead of overcomplicating investing and trying to pick bottoms, most ...

Technical trading patterns can often be difficult to spot with the untrained eye. An experienced trader can spot pennants, wedges, and double tops whereas a novice might only see a random assortment ...

Firm has received a slew of upgrades recently. Shares came back down to test recent breakaway gap. We like the risk/reward setup here. Traders who did not buy the breakout in Bed Bath & Beyond Inc.

Shares of Nebius Group N.V. (NASDAQ:NBIS) are trading lower Wednesday. They may be on the verge of filling a gap to the downside. This action would make a classic ‘floating island' pattern appear on ...

Cracker Barrel Old Country Store {{15666|CBRL)} has spent the last several weeks trading under considerable bearish pressure, as evidenced by the persistent decline seen throughout August. However, ...