A Comprehensive Guide to Cup and Handle Patterns

A Comprehensive Guide to Cup and Handle Patterns

The cup and handle pattern was first introduced in 1988 by analyst William O’Neill and has since become a favored chart pattern among traders because it is relatively straightforward to recognize and trade on. The pattern forms during as a result of consolidation a...
A Comprehensive Guide to Wedge Patterns

A Comprehensive Guide to Wedge Patterns

Wedge patterns are chart patterns similar to symmetrical triangle patterns in that they feature trading that initially takes place over a wide price range and then narrows in range as trading continues. However, unlike symmetrical triangles, wedge patterns are...
A Comprehensive Guide to Triangle Patterns

A Comprehensive Guide to Triangle Patterns

Triangle patterns are a chart pattern commonly identified by traders when a stock price’s trading range narrows following an uptrend or downtrend. Unlike other chart patterns, which signal a clear directionality to the forthcoming price movement, triangle patterns can...
A Comprehensive Guide to Stochastics

A Comprehensive Guide to Stochastics

Stochastics Oscillator The stochastics oscillator, developed by analyst George Lane in the 1950’s, is a momentum indicator used widely by traders to predict reversals in trending stocks. While the stochastics oscillator can be used similarly to MACD, the stochastics...