Descending Channel Example, Fastenal (FAST)
The following stock chart of Fastenal (FAST) offers a great example of a descending channel.
The following stock chart of Fastenal (FAST) offers a great example of a descending channel.
The following stock chart of Potash (POT) offers a great example of a bearish wedge pattern which ultimately lead to lower prices for this once high flying fertilizer stock.
The following stock chart of Research in Motion (RIMM) offers a great example of simple support and resistance. Support and Resistance is a basic form of technical analysis used commonly every day to mark potential buy and sell points on a stock chart.
The following stock chart of Canadian Solar (CSIQ) offers a great example of simple support and resistance. Support and Resistance is a basic form of technical analysis used commonly every day to mark potential buy and sell points on a stock chart.
The following stock chart of Frontline (FRO) offers a great example of a breakout.
Stock Breakouts are a basic form of technical analysis spotted when a series of resistance points create a distinguishable pattern (cup with handle, W pattern, etc. to name a few). Once the stock moves out of this resistance it is known as [...]
The following stock chart of Visa (V) offers a great example of a symmetrical triangle.
Symmetrical Triangles are a basic form of technical analysis spotted in both uptrends and downtrends. Depending on which way the stock breaks out of the pattern a long or short position can be entered.
The following stock chart of Google (GOOG) offers a great example of a symmetrical triangle. Symmetrical Triangles are a basic form of technical analysis spotted in both uptrends and downtrends. Depending on which way the stock breaks out of the pattern a long or short position can be entered.
The following stock chart of First Solar (FSLR) offers a great example of a descending channel. Descending channels are a basic form of technical analysis spotted commonly in uptrends and are considered bullish as they can make for a strong entry point when the stock breaks out to the upside.
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