A security pattern traces distinct movements of security prices that, once recognized, helps traders make informed trading decisions. Patterns are identified by their vital geometrical elements, formed by changing security prices.

Every day Artificial Intelligence analyses 39 patterns for stocks, penny stocks, ETFs, cryptocurrencies, and Forex. Here are five buy signals generated by various patterns: Esquire Financial Holdings (ESQ), SSR Mining (SSRM), Range Resources Corp. (RRC), Pall Corp. (PLL) and ICICI Bank Ltd. (IBN).

BUY signal for ESQ (Broadening Wedge Ascending)

Broadening Wedge Ascending pattern forms when the price of a security progressively makes higher highs (1, 3) and higher lows (2, 4), following two widening trend lines. This pattern may form when large investors spread their buying over a period of time. The theory goes that after initial buying occurs, other market participants react to the rising price and jump on the bandwagon to participate. Then value investors begin to sell, believing the price has risen too much, which spurs the original large investor to resume buying again.

Trade Idea:
BUY near the Breakout (Entry) price – 33,97$
SELL at the Target (Exit) price – 35,66$

3 Buy Signals From Trend Prediction Engine: SSRM, RRC, PALL

Trend trading is a strategy based on the technical analysis of changing market prices. The trend trader enters into a long position when a stock is trending upward and uses the short position when a stock is trending downward.

Trade Idea:
BUY at the opening of the Stock Market on Monday if the opening price has gone up by no more than 0.5% of the closing price of Friday.

SELL after the price has risen by 2% from the closing price on Friday, or at the end of the trading week if the target is not reached.

Signal from Buy/Sell Analytical System

Buy/Sell recommendations is a complex analytical system consisting of several blocks:

• TA score - signals from several technical indicators (MACD, RSI, Stochastic, etc.) are processed using neural networks.
• FA score - complex fundamental analysis based on quantitative comparative ratings (Valuation, P/E Growth, SMR etc.)

Buy/Sell ratings system processes the aggregate score results and generates a trading signal.

BUY signal for IBN

Trade Idea:
BUY IBN at the current market price.
Set up alerts for IBN from Buy/Sell Analytical System.
SELL IBN after receiving the "SELL" recommendation.