James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
What is a bullish pennant? A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive ...
Shares are forming into what technical traders call a pennant pattern and could see a breakout within the next month or so. The stock is trading above both the 50-day moving average (green) and the ...
Pennants are short-term continuation patterns that mark a small consolidation before resuming the previous move in the same direction. This pattern is formed when there is a large movement in a ...
The Trade Desk Inc. (NASDAQ:TTD) shares are moving up as retail traders push the stock higher amid strength in advertising technology stocks after Google announced it's delaying the phase-out of third ...
Gold begins to advance off the lower border of a bullish consolidation pennant. Following a test of support at the lower border line earlier in the session, gold reversed higher to rise to a four-day ...
Gold triggers a decisive upside breakout of a bull pennant pattern (small symmetrical triangle). Strength was confirmed as gold easily exceeded both 2,003 and 2,010 highs. In addition, an 88.6% ...
A bullish pennant chart pattern can be a powerful bullish chart pattern that is found during strong bull markets that is very similar to the bull flag. They are more rare than a bull flag. The price ...
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