Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Intel shares fell slightly Thursday after a steep downturn the previous session that snapped ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Intel shares will remain on investors’ radar screens Tuesday after a report over the weekend ...

The rectangle tends to be a reversal pattern. I love the pattern because its boundary lines are horizontal, meaning that a successful breakout also resolves the complete congestion zone. The targeting ...

The chart patterns identified are based on established principles of technical analysis and are presented solely for informational purposes. These should not be misconstrued as a recommendation to buy ...

The stock market is a constant tug of war between buyers and sellers. When this tension finally breaks, the resulting surge of momentum can lead to some of the most profitable and exciting trades an ...