Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The Nio stock price has suffered a big reversal in the past few weeks as concerns about the Chinese electric vehicle (EV) industry continued. It dropped to the psychological level at $5, its lowest ...
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.
Tesla's stock was shedding 5.3% in recent trading, and has now corrected $37.16, or 10.6%, over the past three days. The stock had rallied $98.56, or 39.2%, from the Nov. 5 close of $251.44 to the Nov ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
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 ...
Whether you're trading stocks or options, you probably include technical analysis somewhere in your methodology. The next time you analyze a chart, remember that there are two types of percentage ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...