Drawing trendlines can be a great way to determine support or resistance values when a strong market trend is present. However, trendlines by themselves leave a lot to be desired when it comes to ...
Fibonacci retracements are a tool used in financial markets to find points of support and resistance on a price chart. These levels are found by first pinpointing a high and low of a assets original ...
A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement tool is ...
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 ...
Stella Osoba is the Senior Editor of trading and investing at Investopedia. She co-founded and chaired Women in Technical Analysis. She has 15+ years of experience as a financial writer and technical ...