The Bullish Doji Star appears in a downtrend and belongs to the bullish reversal patterns group. Its occurrence should be confirmed on the following candles. This pattern is characterized by a gap between the first candle’s low and the following candle’s high or between bodies of these two candles. WhatRead More →
The biggest advantage of buying a call option is that it magnifies the gains in a stock’s price. For a relatively small upfront cost, you can enjoy a stock’s gains above the strike price until the option expires. So if you’re buying a call, you usually expect the stock toRead More →
For now the SPY looks to be in a correction mode as opposed to a crash scenario. The SPY has had three previous major pullbacks since the March 2020 COVID-19 crash: in September 2020, October 2020 and February 2021 where it declined 10%, 8% and 5%, respectively. Is SPY highRead More →