Carnival and Norwegian are trading in falling channels, with Norwegian showing comparative strength. Bullish traders want to see the two stocks break up from the upper descending trendline of the ...
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How to Spot When Trend Lines Finally Break (Chart Study)
Tim Knight examines recent market movements including a possible diamond wedge pattern showing potential trend reversal, China's FXI breaking its uptrend, and precious metals experiencing notable ...
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Buying an asset in a downtrend can be a risky maneuver ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
A top Wall Street analyst has issued a cautionary note, warning of a potential sharp reversal in the stock market during the second half of 2023. According to Michael Wilson, Morgan Stanley’s chief ...
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