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 ...
In technical analysis, traders interpret the head and shoulders formation as a strong sign that a trend reversal is in process. Traders tend to focus too much on timing the right entry to a trade, but ...
Forbes contributors publish independent expert analyses and insights. John Navin is a Colorado-based journalist who writes about stocks. The head-and-shoulders pattern is the classic bearish indicator ...
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