A consolidating stock is one that forms a trading range on its chart. A stock under consolidation will have defined resistance above price action and support below that acts as barriers to s... Read more
What is a bear trap? Bear trap stocks are ones that have already fallen a lot in price and traders continue to sell it short believing it will continue to fall and make lower and lower price... Read more
A gap in price on a chart shows that there were no buyers and sellers connecting at price levels from a closing level to the next opening level. Gaps happen when sudden news comes out that c... Read more
Awesome Oscillator was developed by Bill Williams. The Awesome Oscillator (AO) is a non-limiting oscillator used in technical analysis. It quantifies the weakness or the strength of price on... Read more
Keltner Channels are a technical indicator shown visually as envelopes expressing the deviation in Average True Range on a chart both above and below an exponential moving average. It is ver... Read more
The Parabolic SAR (stop and reverse) indicator is a technical trading tool that quantifies both trends and price reversals on a chart and can be used as a stop loss, trailing stop, or entry... Read more
The Supertrend is a trend trading indicator used to define the path of least resistance on a chart. The SuperTrend is a technical indicator that signals the direction of current momentum. It... Read more
Market Profile is an intraday technical analysis process that records price on the vertical axis and time activity on the horizontal axis of a chart. This strategy was developed by J. Peter... Read more
The diamond pattern is a price action formation that is created on a chart by buyers and sellers. It is a lesser known chart pattern to technical traders than many of the more popular patter... Read more
The Ichimoku Cloud is a technical indicator that tries to quantify support and resistance, it identifies the direction of the trend, and measures the momentum to create potential trading sig... Read more
