Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day, candlestick price pattern that marks a ...

Chevron, Boeing, and Colgate-Palmolive feature in this week’s column.

I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...

Boeing shares closed slightly lower on Tuesday to put an end to a five-day winning streak during which the stock gained 14%. Since forming a bullish piercing pattern earlier this month, the stock has ...