A bullish technical analysis pattern, contrasting with the one in bitcoin (BTC) that warned of a recent market swoon, is seemingly emerging on bitcoin-holder MicroStrategy's (MSTR) price chart. The ...
A double-bottom base is a chart pattern commonly used in technical analysis to identify a solid reward-to-risk zone in a stock. Double-bottom base structures take on a shape like a letter W and have ...
Taken together, the technical structure in Brent crude strongly favors a completed corrective phase and the early stages of a trend reversal.
The bottom is likely in for the stock, as a double bottom has formed on the chart. The indicators provide strong confirmation of the pattern. Most recent earnings were mixed, with GAAP revenues seeing ...
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