ARTICLE SYNOPSIS...NASDAQ 100 formed a strong round bottom and the breakout has retraced to the previous support. The index is ready to begin its upward journey soon.
ARTICLE SYNOPSIS...This analysis shows that Alcoa has now completed its bear market consolidation and has resumed its primary bear market trend.
ARTICLE SYNOPSIS...Restarting the previous rally after a range-bound move during consolidation is essential for an existing trend. BOBE has moved out of a long consolidation period and now is headed to new target of $42.
ARTICLE SYNOPSIS...The corrective rally off the late November low came to an end in mid-January 2009, and on February 2, 2009, the DJIA officially resumed its downward trend.
ARTICLE SYNOPSIS...After forming a strong bottom, the security is set to move toward its old highs.