In today’s episode of let’s talk stocks, we are going to take a look at the descending triangle pattern, which is a continuation pattern. I’m going to show you what this pattern looks like, the previous trend, volume, projections, entry points, and a few final tips for trading this pattern. #descendingtriangle #chartpattern #technicalanalysis #stockpattern #trianglepattern
Here is what investors need to know about exponential growth in cloud computing and the three ETFs in the space. First Trust Cloud Computing ETF: https://www.zacks.com/funds/etf/SKYY/profile?cid=CS-YOUTUBE-FT-VID Global X Cloud Computing ETF: https://www.zacks.com/funds/etf/CLOU/profile?cid=CS-YOUTUBE-FT-VID WisdomTree Cloud Computing ETF: https://www.zacks.com/funds/etf/WCLD/profile?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID Google: https://www.zacks.com/stock/quote/GOOGL?cid=CS-YOUTUBE-FT-VID Shopify: https://www.zacks.com/stock/quote/SHOP?cid=CS-YOUTUBE-FT-VID Zscaler: https://www.zacks.com/stock/quote/ZS?cid=CS-YOUTUBE-FT-VID Coupa Software: https://www.zacks.com/stock/quote/COUP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch
Bitcoin’s biggest investors appear to be upping their positions as the price recovers. Cryptocurrency accounts holding roughly $50 million or more worth of bitcoin have steadily increased their buying since the end of June, according to new data from blockchain firm Chainalysis. That bullishness continued into late August as prices rebounded above $50,000. “The bitcoin
In this article SCHW Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021. Michael Nagle | Bloomberg | Getty Images It’s good to be in an up market. A new Schwab report on self-directed brokerage accounts within 401(k) plans indicate that active traders have
In this article IYG A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. Eduardo Munoz | Reuters August’s employment report is expected to show another strong month for hiring, but it could also give a glimpse at how the Covid-19 delta
Traders use various technical analysis tools to identify emerging trends and profitably trade that direction. One popular trend-defining pattern that traders often rely on is called the price channel. An ‘ascending channel’ or a “bullish price channel” is formed by drawing parallel lines between the perceived support and resistance levels that an asset trades between
Co-Founder & CMO at Poplar Homes, a tech-enabled property management company with 2,200+ doors under management across 10 major metros. Property management is going through an evolution right now, and tech providers have stepped up to the plate to disrupt the industry. There are plenty of incentives as to why. Among them, rental market share continues
A crowd of supporters including elected officials, legal professionals and concerned neighbors gathered to attempt to stop an illegal eviction of a resident in Bushwick, Brooklyn during the State mandated moratorium due to the pandemic, August 8, 2020. Erik McGregor | LightRocket | Getty Images New York State lawmakers have voted to extend an eviction
Widespread Puerto Rico power outages this week are highlighting the extended age of the Puerto Rico Electric Power Authority’s infrastructure and its impact on the economy. The outages affected 33% to 37% of the authority’s customers since Monday and will continue to afflict many for a few more days, according to PREPA. Demand has been
Bitcoin (BTC) failed to break the critical $50,000 psychological barrier on Aug. 23 and has since then retested the $47,000 support. If historical data plays any role in Bitcoin price, the month of September presented negative performances in 4 of the previous 5 years. Cointelegraph contributor and market analyst Michaël van de Poppe recently said
Municipal trading dropped 25% on Wednesday after an already very slow few days in the secondary, leaving municipal benchmark yields little changed, as U.S. Treasuries also held steady and most participants began checking out for the holiday weekend. For the 25th week in a row, municipal bond mutual funds saw inflows of nearly $2 billion,
YouTube’s paid music streaming services have amassed 50m subscribers, a milestone for Google as it competes with Amazon, Apple and Spotify in the fiercely competitive market. After a slow start since launching in 2018, YouTube’s music streaming services have attracted millions of new paying users in recent months to reach 50m subscribers in August, according
Investors watch an electric screen displaying stock price figures at a stock exchange hall on February 18, 2021 in Shanghai, China. VCG | Visual China Group | Getty Images Beijing is eyeing new rules that would restrict domestic internet companies to go public in the U.S., the Wall Street Journal reported on Friday. Chinese regulators
A view of the New York Stock Exchange Building on Wall Street in Downtown Manhattan in New York City. Roy Rochlin | Getty Images Entertainment | Getty Images September is the worst month, and it may not matter. It’s an old trader saw: September is the worst month of the year. It’s true, since 1945
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell. ChargePoint Holdings — ChargePoint, which makes charging systems for electric vehicles,
Best-selling mystery novelists Jonathan and Faye Kellerman are preparing to write a new chapter in Santa Fe, New Mexico, where for their custom home is on the market. The contemporary Pueblo-style dwelling is listed for $2.595 million. Perched on a ridge, the earth-tone stucco house sits on a nearly three-acre lot with views of the
The exterior of the Gloria Crest Estate located in Englewood Cliffs, New Jersey. LuxQue Media / Mike Aghachi A mansion was once hailed as one of the most expensive homes for sale in New Jersey, has seen its price drop like a ton of bricks. Back in 2013, the 28-room estate at 83 North Woodland
Double Diagonal Strategy is said to be the most flexible option strategy — do you want to know why? Find out the reason in this video! Check this out and know if it’s the best strategy for you! #optionstrading #tradingoptions #bestoption #optionstrategy #doublediagonals Get our Options Diagonals Course Here: https://rise2learn.com/courses/options-mastery-5-diagonals/ Posted at https://tradersfly.com/blog/why-the-double-diagonal-strategy-is-the-most-flexible-option-strategy-in-the-world/ ? GET
The FAANG stocks are hitting new all-time highs going into their earnings reports. Netflix leads off the group. Can they keep their momentum?
Municipal benchmark yield curves were little changed to a touch firmer Tuesday as all eyes were on the primary in which several larger competitive loans were sold and New York City Transitional Finance Authority offered nearly $1 billion to retail investor for the second day with some concessions. U.S. Treasury yields rose slightly and ratios