All Entries Tagged With: "Chart Reviews"
I See You PCU
Strength in this market has been relentless, and that means many individual names are riding the wave. It can be difficult to work through robust watch lists in search of great plays, but often times it boils down to identifying the most valid levels, knowing if they’re violated that opportunity will emerge.
Nothing Wrong WIT This One
Solid technical setups often times will have more than one positive thing going for them. It may simply be having the market’s wind at its back, or it may be more like the stock I’m going to show you today.
LUV Still Adored
There’s a common desire among traders to “buy the dip” when given a chance, and I’m here today to show you one such opportunity.
Pattern Failures Are Worth Noting
While the bulk of my trading revolves around chart patterns, and most notably the confirmation of them, failed patterns are certainly worth identifying.
CVX Bull Flag Offers Potential
My nightly routine includes locating setups for tomorrow’s trading session, but I don’t want to stop there. Taking it one step further, I want to be aware of any other stocks which may be gearing up for moves in the days ahead - radar stocks, if you will.
Oversold Bounce or Higher Low?
Following an impressive surge higher from early October, the market has finally taken a breather. The pullback of the past week has offered at least a short-term change of character that has my attention - and yours as well, I’m sure.
Bearish Engulfing Bars Warrant Caution
Following gains of more than 7% in just a dozen days, today we saw the market averages tag new recovery highs and then reverse sharply to finish in the red. The bearish engulfing bars which resulted on the daily charts aren’t pretty, especially given the elevated volume which accompanied them.
It hints that this market is [...]
