ARTICLE SYNOPSIS...After breaking channel support with a gap, Brinker International is now challenging head & shoulders support, and a break here would extend the long-term downtrend.
ARTICLE SYNOPSIS...After failing at a key resistance point, the Dow Jones Industrial Average broke a key support level to reverse an uptrend that started in mid-March.
ARTICLE SYNOPSIS...After meeting stiff resistance from its March high, the Nikkei gapped down and broke support to reverse a 12-month uptrend. At the very least, we can expect a retracement of this big rally.
ARTICLE SYNOPSIS...To successfully identify a break down as it begins to happen, it is essential to learn to look for signs of technical weakness on the chart.
ARTICLE SYNOPSIS...There are many tools that the technician can use to help identify technical weakness on a price chart. Indicators used correctly can provide invaluable information.
ARTICLE SYNOPSIS...A strong medium-term correction in Coach was accompanied by a substantial increase in trading volume. This highly bearish pattern, combined with a long-term triple top, forecasts lower prices for the stock.
ARTICLE SYNOPSIS...When a well-defined, major consolidation fails to result in a continuation of the previous trend, look for a high probability move in the opposite direction.
ARTICLE SYNOPSIS...Though the S&P 500 has been resilient in recent months, the index is showing signs of vulnerability.