CompuDyne Corporation Breaks Out Of An Ascending Triangle
ARTICLE SYNOPSIS...Ascending triangles are different from other triangles. They give an indication of the direction of their breakout before the event. An ascending triangle breakout on heavy volume is a good reason to be long on a stock and CompuDyne Corporation's c
ARTICLE SYNOPSIS...Gold is a widely followed and important commodity in the financial market jigsaw puzzle. While a popular trading vehicle in its own right, it also has a strong inverse relationship with the US dollar. Unravelling the direction of gold can provide traders
ARTICLE SYNOPSIS...After breaking out of a three-month consolidation range, Jones Apparel gained 12% before parking in the mid 40s. Fortunately for JNY longs, the stocks parked in an ascending triangle.
Possibilities and Probabilites: An Ascending Triangle and Descartes Systems Group
ARTICLE SYNOPSIS...This battered Canadian tech stock (a logistics solutions provider) trading on Nasdaq and Toronto is starting to look interesting. It trades with better liquidity on the Canadian exchange and can suffer from bouts of lower volume. However, since a basing
ARTICLE SYNOPSIS...The QQQQ has formed two bearish patterns during its recent runup. But even though bearish forces are at work, how far could prices drop? An ascending broadening wedge pattern might hold the answer and reveal where the correction might be contained.
ARTICLE SYNOPSIS...Quicksilver Resources broke out of an ascending triangle formation in mid-May and is in the process of completing another one. As a result, the stock could see an upside breakout in the near-term.
ARTICLE SYNOPSIS...The triangle in the gold bugs index ($HUI) is the best thing going for gold bulls. But the index's bearish divergence with the MACD--along with a declining gold price--give plenty of pause for thought.