stock chart

Stock Chart: Uptrend with Weak Volume

June 15, 2021, 10:47 am EDT Uptrend with Weak Volume Uptrend makes people excited. But volume tells you the power behind the rally. Volume represents transactions on a given day. Only big players or i...

Stock Chart: MACD Bearish Cross Signal 

December 14, 2020, 7:27 pm EST MACD Bearish Cross Signal  There are hundreds of technical indicators for technical (or chart) analysis for the stock markets. Moving average convergence divergence (MAC...

Stock Chart: Overbought Pullback

December 11, 2020, 12:21 pm EST Overbought Pullback It is important to use technical analysis to gauge the status of current market conditions. Stock market has its own rhythms for going up and down s...

Stock Chart: Rectangle Base Breakout (SPOT)

December 7, 2020, 10:02 am EST Rectangle Base Breakout: SPOT When thinking about buying a stock, it would be reasonable to get in as early as possible from its starting point of its potential uptrend....

Stock Chart: Mega Convergence Pattern Breakout (BAC)

November 24, 2020, 12:18 pm EST Stock Chart: Mega Convergence Pattern Breakout (BAC) It takes a long time to form a mega pattern. It means a pattern needs to take 6 months or more for full development...

Stock Chart: SideWay Consolidation

September 15, 2020, 4:00 pm EDT SideWay Consolidation After high volume reversal and low volume rebound, stock markets are going sideway consolidation. Using Nasdaq100 QQQ, we can see the range for up...

Stock Market Today: Rally Pause

August 11, 2020, 4:02 pm EDT Stock Market Today: Rally Pause Finally, stock markets took a break with intraday reversal today with DJIA -0.4%, S&P -0.8%, Nasdaq -1.7%. Looking into the chart of S&...