π§΅ THREAD: Free Stock Trading Training to Help You Become an Incredible Trader!
I've put together 3 different programs to help you become a better trader.
Each of these programs include tips & tricks that my team and I have learned over the past 20 years.
Now it's your turn:
Spotting Chart Patterns: Double Bottom Reversal
The Double Bottom forms a "W" pattern, having bounced off a previous level of support twice. It always comes after a downtrend & signals a shift into a potential uptrend.
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Spotting Chart Patterns: Double Top Reversal
The Double Top shows 2 peaks with a trough in between them. The second sell off is sharp and drops down through previous support levels. This is seen as a long term trend reversal.
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Spotting Chart Patterns: The Death Cross
The Death Cross typically shows up when the 50 day average crosses below the 200 day moving average. This is seen as a very bearish signal.
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Spotting Chart Patterns: The Cup & Handle
Appears as a shallow "U" (cup) with a downward reversal (handle) that breaks back down before returning to challenge previous resistance. It is seen as a bullish indicator.
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Spotting Chart Patterns: The Pennant Pattern
Appears as a stock consolidates. Locate the flag pole to confirm the pattern. It can be bullish or bearish depending on which way the stock breaks out.
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Candlestick Patterns: 2 Black Gapping
Shows after notable top in uptrend. 1st bearish candle gaps down, 2nd bearish candlestick opens below previous candle & closes below the close of the previous candle
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