Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Buying an asset in a downtrend can be a risky maneuver ...

An ascending channel is considered bullish until a stock breaks down bearishly on higher-than-average volume. Bank of America is trading in an uptrend with the parallel trendlines of the channel.

Dogecoin is surging, climbing 8% this week to hover around $0.172, sparking chatter about its next move. Technical analysts point to a Parallel Channel pattern, with the memecoin rebounding from the ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...