The Channel Pattern

Channel Patterns considered as a continuation patterns, They are indecision areas that are usually resolved in the direction of the trend. Research has shown that this is true far more often than not, of course, the trend lines run parallel in a rectangle.

Supply and demand seems evenly balanced at the moment. Buyers and sellers also seem equally matched. The same 'highs' are constantly tested, as are the same 'lows'. The stock vacillates between two clearly set parameters.

While volume doesn't seem to suffer like it does in other patterns, there usually is a lessening of activity within the pattern. But like the others, volume should noticeably increase on the breakout.

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The Flag And Pennant Pattern

flagAndPennant The Flag And Pennant Pattern Flags and Pennants can be categorized as continuation patterns. They usually represent only brief pauses in a dynamic stock. They are typically seen right after a big, quick move. The stock then usually takes off again in the same direction. Here is a Typical Flags and Pennants Pattern: Bullish flags are characterized by lower tops and lower bottoms, with the pattern slanting against the trend. But unlike wedges, their trend lines run parallel. Bearish flags are comprised of higher tops and higher bott...

The Head And Shoulders Pattern

headAndShouldersPattern The Head And Shoulders Pattern The Head and Shoulders Pattern is generally regarded as a reversal pattern and it is most often seen in up-trends. It is also most reliable when found in an up-trend as well. Eventually, the market begins to slow down and the forces of supply and demand are generally considered in balance. The Following is a Typical Trend of a Head and Shoulders Pattern The Formation of a Head and Shoulders Pattern Sellers come in at the highs (left shoulder) and the downside is probed (beginning neckline). ...

Five sectoral indices closed green while NEPSE Index loosing 0.14%

Five sector indices closed green while NEPSE Index loosing 0.14%; The NEPSE index closed at 1,897.08 today after losing 2.62 points from the last trading day's closing. This is a loss of 0.14%. The index lost 2.57 points yesterday. Nepse index 12-Dec-22 Five sector indices closed green; "Hotel and Tourism" gained the highest by 0.72%. Technical Analysis Technically Charts has not much changes although buyers are unable to beat sellers at buyers areas is not favorable sign for those who have bought.

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