The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.

Oil prices climb above trendline resistance, signaling a possible reversal, with the next targets at $69.87 and $70.61 if ...

Crude oil failed to hold a bullish breakout, reversing lower after testing resistance. A break below $66.92 could signal ...

The price trend for Matson (MATX) has been bearish lately and the stock has lost 6.7% over the past two weeks. However, the ...

Whether an emphasis is placed on historical data or market speculation, the role of technical analysis in Bitcoin trading ...

These could include candlestick patterns—e.g., a hammer or inverted hammer, a bullish engulfing, or a morning star—bullish divergence in the RSI, or a bullish stochastic crossover. With any of ...