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Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Descending triangle

Pattern Description:

The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern and indicates distribution. Once the horizontal line has been broken, the downside target should correspond to the height of the triangle, projected below the horizontal support line. While this pattern is in the process of formation, volume tends to be low but rises substantially on a break of the support line.
Descending triangle

Featured Video

Predicting Price Action

As traders, we all want to know where price is going to go after we get our buy or sell signal. The MetaStock FORECASTER is designed to help understand the tendency of price after the technical set up occurs.

Featured Article

Minimizing risk in trading

by Tim Straiton
Paul Tudor Jones, the legendary trader stated that financial markets trend only 15 percent of the time. The rest of the time they move sideways. When markets are in a trendless or sideways state, they become choppy and more difficult to predict. Technical analysis offers numerous indicators which are valuable in making us aware of the market trend state. We will be looking at four technical indicators available in Metastock which are useful in evaluating trend direction and trend...
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Technical Review

Coeur Mining Inc.(CDE) A gold mining stock to watch

2026-06-10 by Tim Straiton

Coeur Mining, Inc. is a precious metals mining company listed on the New York Stock exchange. It operates five mines located in North America. Coeur employs 2,200 people and in 2012 it was the world's 9th largest silver producer. In 2013 the company changed its name to Coeur Mining, Inc. from Coeur d'Alene Mines and moved its head office to Chicago, Illinois from Coeur d'Alene, Idaho.


Coeur Mining has already been added to the S&P MidCap 400 Index and has announced a new semiannual cash dividend starting in the first half of 2026. The current price is $16.10 and trading close to the Fibonacci 50% retracement level of $16.17, based on the entire $4.58 to $27.77 range traded between April 2025 and January 2026

 

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Although precious metals are in a clear bear trend, this stock will eventually run into strong buying interest. We expect considerable support at $13.44 being the Fibonacci 61.8% retracement level and thereafter at $9.54 (Fibonacci 78.6% retracement), based on the aforementioned trading range.


Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

Nerdwallet.com

Site Description:

Make all the right money moves.
https://www.nerdwallet.com/