Stella Osoba is the Senior Editor of trading and investing at Investopedia. She co-founded and chaired Women in Technical Analysis. She has 15+ years of experience as a financial writer and ...

The head was distinctly formed at a low of $354.70. Subsequently, the ETF rallied to a high of $362.59, constituting the the top of the right shoulder, which had a low point at $359.17.

One such place on a regular head and shoulders chart is on the neckline following the left shoulder, and investors could ride that increase to either the top of the head or to the right shoulder.

Costco's current valuation is unsustainable, with a forward PEG ratio of 6.28x, making it one of the most overvalued blue chips on Wall Street. Technical indicators, including an ugly head and ...

The head and shoulders chart pattern is a powerful tool in technical analysis, widely recognised for its ability to signal potential trend reversals in financial markets. Traders should apply the ...

The S&P 500 is at a critical juncture, with a potential head-and-shoulders top pattern forming. The neckline is around 58.65. A move below this level, especially if accompanied by a gap lower ...

A head and shoulders pattern signals potential trend reversals in stock prices. Identify the pattern by noting rising and falling prices forming three peaks. Assure pattern validity by checking ...