Basic Principles
Relying solely on visual patterns can be risky for traders. Before we consider trading bullish candlestick patterns, it's important to keep in mind two significant principles:
1. A valid bullish reversal pattern should arise during a downtrend; otherwise, it might indicate a continuation pattern instead.
2. Most bullish reversal patterns require confirmation through a subsequent bullish price rise supported by high trading vo...

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Recently there has been a hot topic on Wall Street, which is the "reindustrialization" of the United States.
Wilson, a Morgan Stanley strategist who has long been bearish on US stocks, admitted in a previous report that he had misjudged the extent of the bull market in US stocks. He believes that the reason fo...

Market summary 12/8/2023
The stock market had a rough end to the week. A key player, the QQQ, dropped by 0.64% just in one day and 1.56% over the week. When compared to the S&P 500, the QQQ hasn't been keeping up since March. On the Nasdaq, where many tech companies are, there were more lows than highs for five straight days. Plus, only 34 new stocks showed good performance, which isn't what you'd see in a strong market. A big tech company called NVDA dropped below its ...