ARTICLE SYNOPSIS...Alcoa formed a pennant at support, and the subsequent break holds the key to the next directional move.
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.
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...Shares of Gilead Sciences have just broken out of a multimonth triangle/pennant formation, receiving the benefit of a Raff MarketSpace Stock system buy signal in the process.
ARTICLE SYNOPSIS...With a major pennant formation well under way on the daily chart of gold, can price cycle analysis provide some guidance as to which way price will break?
ARTICLE SYNOPSIS...Trading triangle/pennant breakouts that occur in the wake of successful support/resistance tests can be a pathway to consistent trading profits.
ARTICLE SYNOPSIS...Patterson-UTI Energy's recent trend reversal has led to a bullish pennant formation on the daily chart, indicating the potential for higher prices in the near-term.
ARTICLE SYNOPSIS...The long-term rally for Carnival Corp. ended with a triple-top pattern and subsequent breakdown, changing the direction of the long-term trend. In the short term, the stock has formed a pennant pattern that forecasts lower prices for CCL.
ARTICLE SYNOPSIS...A series of bullish sessions took COMEX silver on a 30 cent per ounce ride in January. Was an overbought relative strength index reason to worry?
ARTICLE SYNOPSIS...An eight-hour consolidation in the S&P 500 helped the market resume its bullish ways.
ARTICLE SYNOPSIS...Amid a montage of chart patterns comes a breakout for Realnetworks.
ARTICLE SYNOPSIS...After enduring a major multimonth bear market, iShares Silver Trust is forming a potentially bullish pattern.