A strong rebound in natural gas follows a 61.8% Fibonacci retracement, with technical signals suggesting further upside if momentum sustains above key moving averages.
The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.
The price trend for Seacoast Banking (SBCF) has been bearish lately and the stock has lost 6.6% over the past four weeks.
Understanding how to read a candlestick chart can be a real asset during your investment journey. With that in mind, we'll ...
After a strong rally, crude oil faces resistance near $70.61. A bullish hammer suggests continued strength, but breaking the ...
Tesla shares closed higher Tuesday for the fifth straight session as the EV maker recovers some of the ground lost during a ...
This pattern consists of three large consecutive green candles with close at or near their high levels. Inverted Hammer is a bullish reversal pattern. This pattern is characterized by a long upper ...
Green or hollow candles are usually bullish (price went up), while red or filled-in candles are bearish (price went down). Patterns like engulfing or hammer provide deeper context. No pattern is ...
The price trend for Banco Macro (BMA) has been bearish lately and the stock has lost 6.7% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates ...