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A double top is a reversal pattern that suggests a stock will move higher. Valero Energy (VLO) and Marathon Petroleum (MPC) may each be about to form one. Get ahead of Wall Street reactions ...
A double bottom, on the other hand, is bullish, and tends to indicate a weak stock is gaining momentum. Triangles Triangle patterns can be bullish, bearish or inconclusive.
That pattern from early this year that warned of a price sell-off to $75,000. BTC's double top breakdown happened on Feb. 24, with prices falling below $91,000, suggesting a bearish trend reversal.
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Barchart on MSNThe Canadian Dollar is Trending Down as the U.S. Dollar Index Fights to Bottom OutCanada dollar futures (D6Z25) present a selling opportunity on more price weakness. See on the daily bar chart for the ...
The SPDR S&P 500 (NYSE: SPY) closed 1.3% higher on Friday, where the ETF wicked off resistance at $420.76, forming a possible triple top pattern when paired with similar price action on May 19.
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