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 ...
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 ...
Correctly predicting stock price movements may help some traders outperform the market. Knowing which factors influence stock price movements makes it easier to forecast price changes and potentially ...
Support and resistance are among the most commonly taught concepts in technical analysis, yet they are also among the most misunderstood. Many traders treat them as predictive tools, expecting price ...
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 ...
Wall Street has observed the benchmark S&P 500 (SP500) trim some of its post-election gains as the dust settles following Donald Trump's presidential victory and a Republican-led Congress and Senate ...
In last week’s commentary, we mentioned the technical backdrop as one that could produce further choppiness ahead of a traditionally weak seasonal period in the two weeks after September standard ...
$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 ...