TE Connectivity (TEL) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could ...

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 ...

Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...

After losing some value lately, a hammer chart pattern has been formed for Par Petroleum (PARR), indicating that the stock has found support. This, combined with an upward trend in earnings estimate ...

All good things must come to an end. Just like storm clouds can roll in and spoil a bright, sunny day, a dark cloud cover pattern can also signal the end of bullish stock behavior. This candlestick ...

A bullish engulfing candle is a dual candlestick pattern, which might signal an upcoming uptrend. The pattern applies after there's been a period of consolidation or downtrend. The two-candlestick ...