One of the most practical aspects of support and resistance is role reversal. When price breaks below a support area, that same zone often acts as resistance later. This happens because traders who ...

Momentum trading and support and resistance are two popular technical analysis strategies that can be used to identify trading opportunities. Both strategies have their own advantages and ...

Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

Natural gas consolidated on Friday with trading occurring inside yesterday’s range. It is on track to close with a shooting star candlestick pattern indicating the selling pressure remains. Yesterday, ...

Bitcoin teased a bounce after hitting oversold levels, but with resistance stacked at $79K–$84K, many fear more pain ahead.

Another roller coaster week has just closed, and looking at data, the next one, at least the first part of the week looks to be similar. Friday we saw the Option Expiration Week (OPEX). Following this ...

$SPX is at Monday close last week, so more certain some of last week's decline attributed to delta-hedge selling. Short-term resistance in 5,100-5,150 area & support ...

Invesco Food & Beverage ETF (PBJ) is rated a contrarian buy, despite recent underperformance and sector headwinds. PBJ offers a portfolio of undervalued, defensive food and beverage stocks, with a low ...