All Entries Tagged With: "Chart Reviews"
Why Anticipatory Trading is so Tricky
There’s a huge difference between how pro’s and amateurs make anticipatory trades, let’s see what they are and what those choices lead to.
Portrait of a Short Squeeze
This stock had been trending lower, and last week broke down further by undercutting the December lows on heavy volume. What followed, however, was obviously both shocking and painful for the shorts.
6 Candidates for Position Trades
At the beginning of the year, everyone’s out to make a prediction. Ignore them! Today I want to point you toward 6 stocks which look to have some promise in the months ahead. This is not a prediction of where they’re headed, just a list of setups which look to have some potential.
Burrito Time!
Don’t look now, but CMG is back on the move – and potentially in a very big way. The chart below outlines the large, multi-month ascending triangle that’s been forming, and currently we’re seeing a breakout attempt in the stock.
Always Look to the Left
A friend of mine recently mentioned that the area to the right of price is the only place on a chart where you make money. He’s absolutely right. But I’d add that by also looking to the left, you can save money as well.
Hoping to See You in 2012
I’m slated to teach and/or speak live in several more cities in 2012, and I hope to see you at some point.
People of Wal-Mart: Still Spendin’
While the People of Wal-Mart website is always an entertaining bookmark, the stock itself is no joke.
