Sentences with phrase «of bullish chart pattern»

After rallying 30 % off its 2012 low, $ RSX subsequently pulled back and successfully tested new support (prior resistance) of its multi-year downtrend line, and now is forming the right side of this bullish chart pattern.

Combo Setup — The stock must have a combination of great earnings growth and strong technical price action (some type of bullish chart pattern).

Not exact matches

The combination of breakout and rebound features on the Nikkei chart are bullish and suggest a steady upwards move towards the long term pattern target near 20,347.

While money has flowed out of BRIC ETFs (Brazil, Russia, India, China), Southeast Asia continues to be a hot spot with bullish chart patterns in Indonesia ($ EIDO), Thailand ($ THD), and Singapore ($ EWS).

When we first alerted you to these bullish patterns in our April 10 blog post, most of the chart patterns were not yet actionable.

As stocks attempt to form a significant bottom since bouncing off their November 16 lows, many traders of stocks and ETFs may now be wondering how to find the best, most bullish chart patterns and stocks to buy now.

A brief review of the current chart pattern would indicate a continuation of the bullish trend.

Within the realm of ETFs, a majority of the most bullish chart patterns are presently found in international ETFs.

Although not many of the trade setups we detail in our stock picking report are from the IPO scan, we always look forward to trading those stocks that eventually appear in the IPO scan because we have learned over the years that a combination of an IPO with a bullish chart pattern leads to nice breakouts with a high level of reliability.

Since my trading strategy requires the presence of price confirmation before acting on any chart patterns (bearish OR bullish), I have not yet shifted into a bearish short selling mode because prices have yet to confirm my bearish analysis.

One of our favorite chart patterns is the cup and handle, a bullish pattern that precedes some of the most powerful and reliable breakouts.

The lack of substantial bullish follow - through in leading individual stocks in recent weeks, the absence of leadership in most ETFs (other than international ETFs), and the bearish pattern on the weekly chart of the S&P 500 Index (below) are all valid reasons to avoid the long side of the market now.

This is the most bullish chart pattern in the 24 - year history of SPY.

Although all signs point to prevailing small and mid-cap strength throughout 2017, please keep in mind that bullish chart patterns have a very low chance of success in bearish markets.

For bullish chart patterns, we are always looking for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this week.

A double bottom chart pattern is a strong bullish price action signal that occurs at the end of a downtrend.

The very fact that there is a dramatic color difference between bullish and bearish bars makes spotting forex candlestick patterns much easier than using a standard bar chart of bars that are the same color.

A chart pattern indicator for Metatrader 4 that notifies you of any bullish and bearish engulfing trading patterns.

According to Thomas Bulkowski's Encyclopedia of Candlestick Charts, there are 103 candlestick patterns (including both bullish and bearish versions).

The candlestick chart above illustrates price breakout close to the opening of the forex trading session shown by the white circle to the left in addition to a bullish rejection bar that created an unconnected pattern that didn't present an opportunity for a stop - and - pop trading opportunity represented by the circle in the right.

The Candlestick Recognition Master indicator is a technical study that plots bullish / bearish candlestick patterns on the activity chart, thus removing the worry of having to spot such patterns by the trader.

Bullish chart patterns on biotech - related assets suggest that the bulls are in control of the momentum.

His study, Encyclopedia of Chart Patterns (Wiley Trading), statistically analyzes the performance of over 50 chart patterns identifying best performing bullish and bearish pattChart Patterns (Wiley Trading), statistically analyzes the performance of over 50 chart patterns identifying best performing bullish and bearish pPatterns (Wiley Trading), statistically analyzes the performance of over 50 chart patterns identifying best performing bullish and bearish pattchart patterns identifying best performing bullish and bearish ppatterns identifying best performing bullish and bearish patternspatterns.

If Litecoin is able to continue its new bullish sentiment, we could see a potential Double Bottom reversal chart pattern which could take the digital currency back up to the 50 % Fibonacci retracement level and February high of $ 250.

The previous day's bullish outside day candle adds credence to Friday's bullish hammer candle and suggests BCH will likely see an upside break of the bull flag pattern (seen in 1 - hour chart) and move towards the falling channel resistance of $ 1,200.