ARTICLE SYNOPSIS...Chevron has been in a new downward trend since mid-May but is now starting to head upward. This upward movement must be considered corrective and not the resumption of an upward trend.
ARTICLE SYNOPSIS...Strong stocks tend to correct in sideways channels. Divergence in the MACD histogram and the stock price are a signal that the consolidation may be ending and the next move is likely to be a continuation move.
ARTICLE SYNOPSIS...Is the decline in Johnson & Johnson a mere correction, or is it the start of something bigger? Here's what to look for.
ARTICLE SYNOPSIS...Qualcomm has been in a bull market since April 2004. It is outperforming the Nasdaq, even as the Nasdaq has corrected, thus proving the old Wall Street adage: there is always a bull market somewhere.
ARTICLE SYNOPSIS...The stock market has now entered into a market correction. There are those market participants that are calling for the end of the upward rally at this price juncture and those who forecast the market will continue higher. Let's look at the technica