Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
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 ...
The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
Every trader should be aware of the impact Fibonacci levels and round-number percentage returns can have on stocks Whether you're trading stocks or options, you probably include technical analysis ...
The Nio stock price has suffered a big reversal in the past few weeks as concerns about the Chinese electric vehicle (EV) ...
For active investors, the challenge is not typically finding a good stock or an entry point; it’s knowing where to get out. When a stock surges past its previous high, you enter what technical ...
Natural gas continues to retrace its prior advance today with a drop to a low of 3.02. Today’s decline successfully tested support around the prior swing high of 3.02 (now potential support), leading ...
Bitcoin sees a modest rebound into the weekly candle close, but traders see key resistance overhead. BTC price action risks a much deeper drop if bulls fail to reclaim that resistance zone. Fibonacci ...