What Does It Mean for a Stock to be Oversold? Illustrative Examples
What Is Oversold? The phrase 'oversold' indicates a scenario where the price of a…
Overbought: Understanding the Meaning and Techniques to Identify Overbought Stocks
What is Overbought? When a security is considered to be trading above its intrinsic or fa…
Definition, Illustration, and Trading Approaches for Reversals
What Is a Reversal? A turnaround is a modification in the price trend of an asset. A turn…
Breakout: Explanation, Significance, Instance, and Implications
What Is Breakout? A breakout occurs when the value of a financial instrument surpasses a …
Retracement Revealed: Understanding Its Significance in Trading, Illustrated with Examples
What is a Retracements? A dip refers to a temporary and moderate decline in the price of …
Patterns Unveiled: Understanding Varieties, Illustrations, and Functions in Trading
What is Trend? Trends can be long-term, lasting for several years, or short-term, lasting…
What is Resistance?
What is resistance? Resistance is one of the fundamental elements of technical analysis (…