With the unsettling issue of the approaching debt ceiling deadline on Oct. 18th, 2021 , the timing of this potential drop in price is quite coincidental. Applied my Fib extension starting at the top of corrective Wave (B) and lined up Fib 0.618 on Wave (A). The depth of Wave (C) is still in progress. This scenario brings Fib level 1.618 indicator to...
What Is a Rounding Top? A rounding top is a price pattern used in technical analysis . It is identified by daily price movements, in particular the tops, which when graphed, form a downward sloping curve. Technical analysis of price information suggests that a rounding top may form at the end of an extended upward trend and that this price pattern may...
NASDAQ:UPST Could UPST be approaching a pullback? Bearish divergence appearing on the 1D or 4H chart.