Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
As you can see on the chart below every setback in Cattle on the massive rally held either a 23.6%, 38.2% retracement to keep the trend intact. You can also see on the chart how the rallies now that ...
When trading, the numbers on a chart tell a story. It is a story of rhythm, of ebb and flow, of expansion and contraction. This narrative can sometimes be interpreted through a mathematical sequence ...
Welcome to Episode #390 of the Zacks Market Edge Podcast. Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, ...
The benchmark index has flirted with - but has so far failed to close above - a key Fibonacci retracement target. Until it does, the downtrend is still alive. Is the S&P 500 index's recent rally real, ...
Tilray Brands stock price has plunged and moved into a bear market after falling by over 53% from its highest point this year ...
After holding a 38.2% level (106,350) level of a bigger range, only getting up to 38.2% of the smaller range is not a good sign at 112,250 and this will again be the key level for the week. Use ...
Lost supports, towering resistances, and a fear gauge in the red. What if this "extreme fear" is the ultimate buy signal ...
The US Dollar Index (DXY) continued its strong rebound this month and is now hovering near its highest point since May 29. It has jumped by over 4% from the year-to-date low and technicals suggest ...