One of the most practical aspects of support and resistance is role reversal. When price breaks below a support area, that same zone often acts as resistance later. This happens because traders who ...
Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...
Wall Street has observed the benchmark S&P 500 (SP500) trim some of its post-election gains as the dust settles following Donald Trump's presidential victory and a Republican-led Congress and Senate ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...
$SPX is at Monday close last week, so more certain some of last week's decline attributed to delta-hedge selling. Short-term resistance in 5,100-5,150 area & support ...
Crypto analysts often cite two key markers when predicting whether a price of a given coin or token is set to rise or fall. These markers are psychological “support” or “resistance” lines – price ...
Forbes contributors publish independent expert analyses and insights. Tom is a pioneer in computerized technical analysis of the markets. One of the most important skills in trading and investing is ...
The bears came out in full force once again last week as bitcoin took out last week’s low at around $105,000 to hit $103,000 and change. We again saw a nice bounce from the support zone down there, ...