ARTICLE SYNOPSIS...Delta Airlines surged in mid-July with a sharp advance on high volume. A pennant formed to signal a rest along the way, and traders should watch for a continuation breakout.
ARTICLE SYNOPSIS...Bullish wedges are corrections in an upmove. Often the price of a stock in such a correction will retrace to a major support level. From there a resumption of the uptrend may be expected. Ford has made one such bullish wedge, correcting to major support