The chart of American Express (AXP) was looking quite promising into early July, with a strong uptrend phase off the early April low. Over the last four weeks, a pullback has changed the complexion of ...
A "double top" pattern formed in the Dow Jones Industrial Average last week, an indicator of tough times ahead as signs of fatigue surface in the overall market. A double top occurs when an asset ...
Shares of NRG Energy, Inc. (NYSE:NRG) came back a little on Wednesday, but they are still in a downtrend. We have made NRG our Stock of the Day. On the chart, a classic double-top pattern has formed, ...
The AT&T stock price has jumped this year and is now nearing the all-time high, continuing the uptrend that has been going on since 2023. It jumped to a record high of $29.45 this week, up by 150% ...
The USD/JPY exchange rate pulled back after the latest macro data from Japan. It was trading at 156.25, down from this month’s high of 157.83. It has also formed the risky double-top pattern, pointing ...
Hansen noted that to avoid triggering the bearish setup, silver needs to stay above $48.92 mark. Over the last six months, silver prices have surged nearly 60%. The expert noted that on the upside, if ...