A W pattern, also known as a double bottom, is a bullish reversal chart pattern. It signals a potential change from a downtrend to an uptrend, and it’s a fundamental skill in technical analysis. The ...
In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend ...
Goverdhan Gajjala is a pattern day trader who takes quick positions on breakouts. He mainly trades small-cap stocks with low floats and high violability. One pattern he plays is what he calls a ...
Goverdhan Gajjala won the 2023 US Investing Championship with an 805% gain. He watches for five patterns that he likes to trade. The intraday VCP pattern involves price contractions and volume ...