All Entries Tagged With: "chart patterns"
Ashland Still Has Room
We’ve seen persistent strength in this market since the July 1st low, and while the long side has been the one to trade on, it’s still important not to chase extended names.
Homebuilder Stocks on Solid Foundations
The stock market is often times simply a market of stocks, meaning that it’s necessary to sift through them all in order to find some which appear tradeable.
GS Getting Ready
Financial stocks are always on the radar of traders, and GS is usually at the top of the list. Interestingly, this one looks like it’s gearing up for a move of its own.
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.
