The Head and Shoulders price will have the following characteristics:
1. Rises to a peak (first shoulder) and decline
2. Rises above the former peak and declines again (head)
3. And finally, rises again to a peak but not to the head instead to a second shoulder, and declines once more
A transaction signal is generated when the price [...]
Chart pattern is a formation on stock chart that shows signs of future price movements. Stock charts show the relation between stock price and time. There are many types of charts like line chart (only shows closing price), bar charts (shows high and low price for one period, and closing price), and candlestick. Chartist uses [...]
The Fibonacci numbers are the following sequence of numbers:
The first two Fibonacci numbers are 0 and 1, and each remaining number is the sum of the previous two:
Fibonacci can help you to predict market turning points. A Fibonacci tutorial that I recommend is FibMaster. They will teach you introduction to Fibonacci Trading and advanced Fibonacci [...]
Outstanding shares are the number of shares that have already been issued on the open market. Outstanding shares include shares that can be freely traded by public and restricted stock. Restricted stock is shares that can not be traded freely, like stocks that have been given to an insider or used in an acquisition. The [...]
The market cap of a company is the price of a share multiplied by the total number of shares outstanding. If a company has 100,000,000 shares outstanding and a share price of .01 then the market cap would be $1 million.
As a penny stocks investor you usually buy companies with very low market caps. And [...]