ARTICLE SYNOPSIS...3M formed a shooting star at resistance, and the upside looks limited for this Dow Jones 30 component.
ARTICLE SYNOPSIS...Altera has held up pretty well over the last few weeks, but a shooting star and signs of distribution indicate that the stock is not as strong as it may seem.
ARTICLE SYNOPSIS...The primary momentum indicator should always be price. To measure true momentum in price, many technical traders turn to candlesticks to help predict market direction for both long- and short-term periods.
ARTICLE SYNOPSIS...A high-volume shooting star indicates a buying climax in Newmont, and this is likely to mark a peak for the next few weeks.
ARTICLE SYNOPSIS...Rising wedges try to seduce the bulls with false confidence. Bearish candlestick serves as a warning to alert traders.
ARTICLE SYNOPSIS...What should you do when a candle pattern does not behave as expected? Here's a closer look at the shooting star.