Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

Boeing shares closed slightly lower on Tuesday to put an end to a five-day winning streak during which the stock gained 14%. Since forming a bullish piercing pattern earlier this month, the stock has ...

Chevron, Boeing, and Colgate-Palmolive feature in this week’s column.

I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...

Walmart (WMT) had a huge day Tuesday, jumping 5% on news of its partnership with OpenAI. We last discussed the stock from a chart perspective back in mid-summer with clients, when we were tracking two ...

Since 2021, 78% of Bitcoin's bullish engulfing patterns have led to new local highs, especially within broader uptrends. Bitcoin has absorbed over $544 billion in capital since November 2022, pushing ...

Every Bitcoin bear market has been triggered by a bearish reversal pattern, though not every bearish reversal pattern triggers a Bitcoin bear market. A (potentially) emerging bearish reversal pattern ...