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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

Double Top

Pattern Description:

The double top is a major reversal pattern that forms after an extended uptrend. The pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between. As illustrated below, a double top consists of two well-defined, sharp peaks at approximately the same price level. A double top occurs when prices are in an uptrend. Prices rise to a resistance level, retreat, return to the resistance level again before declining. The two peaks should be distinct and sharp. The pattern is complete when prices decline below the lowest low in the formation. The lowest low is called the confirmation point.
Double Top

Featured Video

The science of herd mentality

The tendency to follow the herd emerges from our social brain networks, explained by Michael Platt, neuroscientist at the University of Pennsylvania.

Featured Article

Five Guiding Principles of Trading Psychology

by Brett N. Steenbarger, Ph.D.
When I recently participated in an online chat presentation for John Forman, I assembled my ideas into ten basic principles that have guided my thinking about the psychology of traders and the psychology of markets. In the very near future, if my testing continues to be promising, I hope to present a market indicator for swing traders that rests firmly upon these principles. Stay tuned! In the interim, here are the five principles that pertain specifically to trading psychology. Next up will be...
Read more...

Technical Review

What's in store for Microsoft?

2026-06-28 by Tim Straiton

Microsoft (MSFT) closed the week at $372.97, having seen 3 months of extremely volatile movement. The stock is currently trading at 17% below its falling 40 week moving average of $442.

Microsoft Corporation is an American multinational technology company headquartered in Redmond, Washington. The company became influential in the rise of personal computers through software like Windows and has since expanded into areas such as Internet services, cloud computing, artificial intelligence, video gaming, and more. It is not clear whether the massive investments in AI will pay off. Thus uncertainty currently plagues numerous hi-tech stocks.

 

The technical picture remains unclear, however it will be interesting to see if the stock can hold above the important Fibonacci 61.8% retracement level of $344, based on the entire $213 to $555 range traded between November 2022 and August 2025.


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

DailyFX

Site Description:

Forex & currency trading news. Forex trading strategies, charts, education, and currency forecasts.
http://www.dailyfx.com/