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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

Trading with MACD on MetaStock

This video is a brief tutorial about what the Moving Average Convergence Divergence (MACD) is and how to use in in MetaStock Software. The presentation is given by Kevin Nelson a former employee of MetaStock who now heads up his own training firm called BreakAway training.

Featured Article

Modern Monetary Theory - Debt without Regret?

by Tobias Straumann
We live in a crazy world. On the one hand, we can observe how the central bank balance sheets are getting bigger and bigger, the national debt exploding and the interest rates hardly move any more. On the other hand, we have noticed that in the midst of the crisis, share prices are skyrocketing, banks are producing excellent annual financial statements and real estate prices are continuing to rise in some places. The question arises: how long can this go on? Put simply, there are three answers:...
Read more...

Technical Review

Broadcom - a remarkable change in sentiment.

2026-04-16 by Tim Straiton

Broadcom Inc.(AVGO) is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets.This stock isn’t cheap, trading at a forward P/E of 33.41x against a group average of 22.84x. It holds strong positions with major AI players (Google, Meta, OpenAI), which is supportive for the stock price.

The current technical view reveals a strong case of FOMO. The previous six daily closes landed all above the upside Bollinger band, the 14 day relative strength index is at an overbought level of 77% and the choppiness index is at an extreme low level of 29. A phase of bullish exhaustion could well be close at hand.


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

MTSt Markets

Site Description:

MTS is Europe’s premier electronic fixed income trading market, with over 500 unique counterparties trading European government bonds, quasi-government bonds, corporate bonds, covered bonds and repo, and with average daily volume exceeding EUR 85 billion.
http://www.mtsmarkets.com