Tag Archives | Technical Analysis

A Topping Formation Is Taking Shape

The economy and the stock market usually don’t turn on a dime. Their behavior is more like an oil tanker, needing time and space to change direction. In the stock market this shift is called a topping process and typically has two characteristics: 1. The range of its high to its low is between 10 […]

Continue Reading

Charts of the Week: 7 Stocks to Watch

This week we feature seven key charts to watch. The first is Applied Materials (AMAT), which looks like it’s getting ready to take off and challenge its prior high somewhere between 14.77 and 14.80, maybe even as high as 14.98. It closed at 14.47 on Friday, but looks like it’s poised to challenge the 15 […]

Continue Reading

Bullish Separating Lines

Bullish Separating Lines is a continuation pattern that occurs in an uptrend with a long bodied black candlestick followed by a white candlestick with the same opening price as the first but with no lower wick. For a complete printable reference see also: Japanese Candlesticks PDF Ebook

Continue Reading

Trading involves substantial risk of loss and is not suitable for all individuals. Past Performance is not indicative of future results.