James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Raydium (RAY) is breaking down from an ascending parallel channel. The price has completed a long-term five-wave upward movement. After a 66% decline since the all-time high, where will RAY find ...

Story (IP) reached a new all-time high price today. The price trades inside an ascending parallel channel. How much longer can IP sustain its upward movement? Story (IP) took the spotlight by hitting ...

Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...

A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...