ARTICLE SYNOPSIS...After forming a large base over the last two and a half years, Eli Lilly & Co. surged to resistance on expanding volume. A breakout would be long-term bullish.
ARTICLE SYNOPSIS...While the Nasdaq moved higher over the last few months, Adobe (ADBE) has languished and formed a large bearish reversal pattern.
ARTICLE SYNOPSIS...The bear market reversal in the S&P 500 appears to have some staying power. More than 40% of this index's component stocks flashed a buy signal over the past two sessions.
ARTICLE SYNOPSIS...The Dow Jones Industrial Average remains in a strong uptrend, but this key average just hit a massive resistance zone, and a pullback may be in order.
ARTICLE SYNOPSIS...With the prospects of higher interest rates down the road, it is little surprise that the Dow Utilities are forming a potentially bearish pattern with waning upside momentum.
ARTICLE SYNOPSIS...After rising by more than 7,000% in eight years, shares of Priceline.com are now firmly in corrective wave mode.
ARTICLE SYNOPSIS...After moving from 40 to 55, Procter & Gamble met resistance and formed a large consolidation for the past year. The subsequent breakout will dictate the next move.
ARTICLE SYNOPSIS...Silver fell by 40% in April 2004, and then formed an accumulation pattern. If it breaks out above 6770, it should see a target of 7470. With the uncertainity in global markets and the terror alerts, silver prices will stay firm.
ARTICLE SYNOPSIS...The Dow Jones Transportation Average (TRAN) is leading the market higher and challenging its 2001 highs.
ARTICLE SYNOPSIS...After a big advance in the late 90s, Wal-Mart (WMT) formed a huge consolidation over the last four years. The direction of the break is likely to have long-term implications for the Dow and the rest of the market.