ARTICLE SYNOPSIS...This networking leader soared with the markets off October lows only to be stopped by a double top. Now it has made a retracement to a likely key support area.
AUTHOR: Gary GrosschadlDATE: DEC 2002
ARTICLE SYNOPSIS...Traders often plot Fibonacci levels on their charts and some consider these levels important to trade around. Does this approach work, or is it just wishful thinking?
AUTHOR: Thomas BulkowskiDATE: JUN 2020
ARTICLE SYNOPSIS...After experiencing a volatile rally, Ford has moved back to the level of its previous congestion area, which is now the support area of the next rally.
AUTHOR: Chaitali MohileDATE: NOV 2007
ARTICLE SYNOPSIS...The Utility Select Sector SPDR has rallied toward its previous highs. Further upward movement seems under threat.
AUTHOR: Chaitali MohileDATE: JUN 2009
ARTICLE SYNOPSIS...The higher tops could not stop the Financial Select Sector SPDR from retracing back to the previous support level. The fresh bullish rally is likely to move with a depressed mood.
AUTHOR: Chaitali MohileDATE: OCT 2009
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