All Entries in the "chart patterns" Category
Bidding On BIDU
When trades come along which offer potential on multiple timeframes, I always perk up. If one timeframe doesn’t appeal to me, the other can still add to my account.
Intraday Extremes Offer Big Opportunities
I’m not talking about buying a “generational low” or calling a long-term top in the market. In fact, I’m not even referring to the daily timeframe here.
Several Solars Set to Shine
Solar stocks are making quiet but steady headway, exhibiting some very nice relative strength. While the market is bouncing from its most recent correction low, several solars are already in uptrends, boasting higher lows and higher highs.
Technical Grade: F
Every chart should be given a grade, if for no other reason than it’ll require you to evaluate the entire situation and make a decision. Should it be traded? Should it be watched? Should it be avoided? Looking at the chart of F below, this one earns an ‘F’ on recent behavior as well.
Have a MENT
Quick trades can be among the best kind, keeping capital tied up for a limited time and offering fast gains when they do their thing.
ANF Looking Vulnerable
Anytime I see a stock crack support and fail to reclaim it, I pay attention. Especially when it makes no effort to rebound and merely consolidates after that key breakdown.
Is NFLX Leading Again?
With new highs being hit almost daily in the market, there has been an abundance of long-sided trade candidates. However, weak stocks are still in our midst, and it can serve us well to watch for those outliers – whether as individual profit vehicles or simply as hedges.
