ARTICLE SYNOPSIS...Apple looks to be in a topping process. By looking at price patterns, price momentum, and volume, we can come to a clear understanding about the technical condition of this security.
ARTICLE SYNOPSIS...Biotechs are a key part of the Nasdaq index. The Nasdaq has broken out of its consolidation and its strength will naturally rub off on those constituent sectors that were also consolidating. The biotech index is one such sector and new 52 week highs ar
ARTICLE SYNOPSIS...Trading a system in purely mechanical mode suits some traders just fine, but there are still plenty of traders who want to rely on other technical tools in order to select what they believe to be higher-probability setups. Here's a look at an attrac
ARTICLE SYNOPSIS...Shares of McKesson Corp. rose by more than 222% between late November 2008 and mid-April 2012. Does this stock have some more bullish ground to cover, or is a major trend reversal coming up?
ARTICLE SYNOPSIS...The Amex Oil Index has covered the major distance of its bullish journey. The volatile sessions of the past few months obstructed the rally heading towards long-term resistance. Will the Index hit resistance?
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
ARTICLE SYNOPSIS...Silver Standard Resources made a market top in late 2007 and has been trading lower this year. Over the last few months, SSRI has been in a narrow trading range that looks ready to break down and move lower.
ARTICLE SYNOPSIS...In bull runs traders and investors often forget about corrections and consolidations. A high ADX should caution traders not to buy at higher levels as a consolidation can happen at any time. Soybean futures seems to be heading into one such consolidat
ARTICLE SYNOPSIS...Staples' price chart on a weekly basis has closed at a new all-time high. What transpires next should be a tradable move, but traders need to see some confirmation. Show us the money!
ARTICLE SYNOPSIS...XLK made a market low in mid-January and has been trading in an upward trend ever since. However, the evidence points out that this uptrend is nothing more than a bear market rally that is about to end.
ARTICLE SYNOPSIS...While some financial sector stocks have recovered a portion of their summer losses, shares of Zions Bancorporation have not, and in fact appear to be setting up for another leg lower.