Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.

The market has been forming a rectangular chart pattern with a slight upside bias since bottoming at $1453.10 on November 12. The two higher bottoms at $1456.60 and $1463.00 and the two higher tops at ...

The rectangle tends to be a reversal pattern. I love the pattern because its boundary lines are horizontal, meaning that a successful breakout also resolves the complete congestion zone. The targeting ...

Master stock chart patterns with Interactive Brokers as your online stock broker. Stock chart patterns are tools that traders and investors use to understand how the market is performing. They provide ...

JB Chemicals hit a record high after breaking out of a two-month rectangular pattern. Analysts see buying on dips, citing rising volumes, improving momentum and strong technical structure, with a ...

Rectangles combine the ideas of support and resistance into a single chart pattern. When prices encounter a resistance level, they often fall. At support levels, prices often find a short-term bottom.