Volatility Contraction Pattern: Reading Shrinking Swings

Picture a growth stock that ran from 40.00 to 72.50 in about four months and then stalled. The first pullback took it down to 58.00, a drop of 20.0%. Weeks…

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Breakout Pivot and Price Extension in Base Patterns

Two traders watch the same base. The top of the range sits at 100.00 and the nearest chart-failure level is a support area at 96.00. One gets a fill at…

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VWAP Explained: How Volume Weighted Average Price Works

A stock gaps up four percent at the open. Volume runs ten times normal for the first thirty minutes. Price stalls near the 478 figure and the trader has to…

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