Technical Analysis of STOCKS & COMMODITIES
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Article Archive For Keyword: Formation for
DownloadA Bullish Flag Formation for EnCana Corp.
ARTICLE SYNOPSIS...EnCana Corp. has been consolidating in the $30.00 to $32.00 range since hitting a new 52-week high last December. The bullish flag formation indicates an eventual break to the upside.
A Reverse Head And Shoulders Formation For The Oil Services Index?
ARTICLE SYNOPSIS...Another potentially bullish pattern for the Oil Services Index could lead to a resumption of the long-term uptrend.
Bullish Pennant Formation for Nexen Inc.
ARTICLE SYNOPSIS...Nexen Inc. recently broke out of a seven-month trading range and is now forming a bullish pennant, indicating a potential move higher in the near-term.
Falling Wedge Formation for the AMEX Oil Index
ARTICLE SYNOPSIS...The AMEX Oil Index looks to be completing a falling wedge formation, which would indicate a potential upside breakout in the near-term.
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