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Symmetrical triangle patterns show that the market is neutral on the stock. If you are looking at a stock chart and see a rectangular shape, you may be looking at a flag pattern. If you see a ...
Here are six of the top bearish chart patterns ... a bearish reversal pattern that describes the rise, then fall, then rise to the prior high, and then fall again, of a stock.
No pattern is perfect and they don't work every time but the chart pattern theoretically works for several reasons. We'll use the market top will for this reasoning but it applies to both ...