Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Rather than relying solely on percentage drawdowns and time elapsed, Fibonacci retracement levels mapped across multiple ...
As you can see on the chart below every setback in Cattle on the massive rally held either a 23.6%, 38.2% retracement to keep the trend intact. You can also see on the chart how the rallies now that ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
Bank of America's Corp.'s stock has how soared nearly 20% since the election, has nearly doubled off its February low, and has rocketed more than six-fold off its financial-crisis low, but it still ...
The Bitcoin price slipped 2.5% even as the Federal Reserve announced a 25 basis points interest rate cut, its third of the ...
While the markets and media were obsessed with last week's Fed nonevent, they missed a huge move in gold. In the run up to the FOMC meeting, gold was in the grips of a two-week slump. But right after ...