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The Tesla Chart: On Monday, Tesla’s stock completed the right shoulder of a bullish inverted head-and-shoulders pattern, reaching $708.16 — exactly $10 below its next resistance level of $718.16.
The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets (stocks, bonds, futures, etc.). [1] The patterns are characterized by a clear direction of the price trend , followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. [ 2 ]
Charging Bull is a popular tourist destination that draws thousands of people a day, symbolizing Wall Street and the Financial District. The sculpture was created by Italian artist Arturo Di Modica in the wake of the 1987 Black Monday stock market crash.
Price action trading is about reading what the market is doing, so you can deploy the right trading strategy to reap the maximum benefits. In simple words, price action is a trading technique in which a trader reads the market and makes subjective trading decisions based on the price movements, rather than relying on technical indicators or other factors.
Over the years, the stock market has seen many bull runs, which happen on average every six years. The longest bull market to date started in March 2009 and ran through February 2020. The S&P 500 ...
At two years, the bull market is well shy of the average run of 5.5 years. And the total return thus far, about 60%, is a far cry from the average 180% gain, per research from Carson Group chief ...
In a secular bull market, the prevailing trend is "bullish" or upward-moving. The United States stock market was described as being in a secular bull market from about 1983 to 2000 (or 2007), with brief upsets including Black Monday and the Stock market downturn of 2002, triggered by the crash of the dot-com bubble.
A Tesla bull tries to be a hero on the plunging stock price. Tesla stock's biggest bull is now pounding the table after December's big rout [Video] Skip to main content