Moving Averages

The symmetrical triangle pattern is defined by a descending resistance level and an ascending support level.

It’s still too early to say whether the market has bottomed. But if you’re looking for stocks to buy, the energy group looks the best.

It doesn't take a rocket scientist to see that the path of least resistance for this market is still to the downside...

Today, we're going to follow up on last week's "triple bottom" discussion by talking about its bearish counterpart, the "triple top" pattern.

All the major indexes made new lows last week, confirming that sellers are still in control.

Just like the "double bottom" pattern we've covered previously, the "triple bottom" is a trend reversal pattern.

After huge up-days on Monday and Tuesday, stocks got clobbered on Friday, erasing nearly all of the gains from earlier in the week.

The double top begins when the price touches overhead resistance twice. However, it is only confirmed once the price breaks below support.

The Nasdaq Composite is now down 33% from its highs, wiping out a third of the value of all public companies.

Stan Weinstein is one of the godfathers of technical analysis and a big proponent of stage analysis, which I have written about in length.