ARTICLE SYNOPSIS...The Semiconductor Index bounced with the rest of the market over the past few weeks, but the move looks like a bearish wedge.
ARTICLE SYNOPSIS...A long-term bearish reversal pattern is formed by the Semiconductor Index on a daily as well as a weekly time frame. Will the pattern undergo a successful bearish breakout?
ARTICLE SYNOPSIS...Altera (ALTR) has been in a strong rising trend but is showing signs of weakness.
ARTICLE SYNOPSIS...This Canadian telecom play also trades on Nasdaq (JDSU). Several negatives point to likely downside making this a poor prospect for shorter term traders holding long positions.
ARTICLE SYNOPSIS...Recognizing chart formations as they form can give you an inside edge in trading. Wedge formations are similar to triangle formations and can be used to help identify highs or lows.
ARTICLE SYNOPSIS...Shares of Eastman Kodak fell from a September flag to year-to-date lows. Now, a rising wedge threatens to send them back.
ARTICLE SYNOPSIS...Flextronics (FLEX) has been dropping for some time and this trend will not change. In fact, the future looks quite gloomy for this chart.
ARTICLE SYNOPSIS...Here is an ABC rising wedge for the German DAX.
ARTICLE SYNOPSIS...This one-year gold chart shows the recent weakness in gold markets via a rising wedge failure.
ARTICLE SYNOPSIS...The SPY has produced at least five bearish rising wedges since the meltdown began in late 2000. I hate to be the bearer of bad news but it looks like number six may be nearing completion.
ARTICLE SYNOPSIS...A negative stochastic divergence confirms a breakdown from a rising wedge.
ARTICLE SYNOPSIS...The outcome of this potentially bearish pattern is crucial to the Dow in the short-term and the closing action the next two days should be very telling.
ARTICLE SYNOPSIS...With a rising wedge formation forming on the chart for Krispy Kreme doughnuts, the stock could be in for a downward move.
ARTICLE SYNOPSIS...The stock price for Valero has broken below support on both the weekly and daily charts.