Stoploss.ch

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

Hard landing and money printing - why 2024 is the year for gold

The recent all-time high for gold supports a run to $2,500 an ounce for the precious metal, said Florian Grummes, managing director of Midas Touch Consulting.

Featured Article

How to Take a Loss

by Brett N. Steenbarger, Ph.D.
There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don’t see often, however, are books or articles written on how to lose money. “Cut your losers and let your winners run” is commonsensical advice, but how do you determine when a position is a loser? Interestingly, most traders I have seen don’t formulate an answer to this question when they put on a position. They focus on the entry,...
Read more...

Technical Review

Nvidia - From bull trend to no trend.

2025-08-21 by Tim Straiton

Nvidia closed on Tuesday 19th August at 175.64. The strong bull trend which started in early May 2025 appears to be showing signs of exhaustion as shown in the high value of the choppiness index (55) and also the relatively high value in the ATR/ Bollinger Bandwidth (33).

The Elasticity 2.0 trading system has continually generated profitable buy signals since early May 2025. The most recent buy signal on August 7th 2025 at 189.77 has a target exit at $194.77 and a stop loss at $171.36. It is currently showing a loss of 2.92%.

The 240 minute chart paints a rather negative picture with the rising trendline support level originating from April 2025 having been broken. The Chande Trendscore Indicator has turned bearish and the MACD-V indicator is about to rupture the Zero line to the downside.

It is too early to suggest that the bullish trend is Nvidia is history. Additional Fibonacci upside projection targets based on the recent $86.62 to 153.13 range traded between January and April 2025 are as follows:

$194.23 (61.8%)
$219.64 (100%)
$260.74 (161.8%)


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

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