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...

The MACD of the daily chart has shown a bearish divergence signal and a shallow head-and-shoulders pattern, so I personally believe there is a high probability of a decline. However, it is worth considering entering the market as long as it does not fall below the lower trendline, with the condition of having a bullish signal.

Spoiler: At the end of this post, there is a chance for you to win points!Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Make Your Choices
Buzzing Stocks List & Mooers' Comments
As July came to a close, significant events like interest rate decisions and tech gian...

Rewards
● An equal share of 1,000 points: For mooers who correctly guess Meta's closing price range on July 27 ET by 2:30 PM, July 27 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing Meta's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
Note: 1. Rewards...