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.

Elasticity Toolkit

The Elasticity toolkit was created to obtain maximum gains in both sideways and trending markets with minimum risk. Developed by Timothy Straiton, the system performs with incredible results in almost all equity markets with a daily periodicity. The Elasticity toolkit focuses on short-term market fluctuations and takes advantage of deviation or "elasticity" from the mean price. One could visualize the action of a rubber band being stretched and at the moment where the expansion loses momentum, a contraction takes place, forcing movement in the opposite direction. The Elasticity system opens a trade at the moment that deviation from the mean price loses momentum.

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...

Coeur Mining - a gold mining stock to watch

2025-08-09 by Tim Straiton

Coeur Mining (CDE) from $360 in May 1987 to $1.62 (March 2016)

This Chicago based gold mining company operates five mines located in North America. Coeur employs 2,200 people and in 2012 was the world's 9th largest silver producer. Coeur Mining is a typical example of a neglected and undervalued gold mining stock. The company quarterly financials are impressive. Revenue of $360 M (+69% Y/Y). Net income 33.5M (+214% Y/Y). The current price is $11.65 and trading well above the rising 200 day moving average of 7.03.

The bullish divergence captured on the MACD-V indicator which became apparent between 2010 and 2015 on the monthly chart suggests that more upside potential lies ahead.

On the daily chart a buy signal was triggered on the super trend indicator in April 2025 at $6.22 and remains valid with a ratchet stop loss level now at $10.05.

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

Six-Swiss-Exchange

Site Description:

Right on the pulse of the market: SIX Swiss Exchange provides you with the latest market data and neutral business news all at no cost.