Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...

A downtrend has been apparent in Subsea 7 SA (SUBCY) lately. While the stock has lost 8.3% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The stock market operates in cycles, shifting between periods of upward, downward and sideways trends. For investors, recognizing when these trends change is important to assess the sale or hold of ...

We saw profit-taking and volatility towards the end of last week. The S&P 500 Index (SPX – 5,870.62) retraced 61.8% -- a Fibonacci retracement level -- of its 4.1% move from the election night close ...

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 ...

XRP price shows a historical reversal pattern that previously triggered a 14% rally. Sell-side activity drops 80% as holders accumulate.