Entergy Shows Weak Relative Strength And Strong Sell Signal
ARTICLE SYNOPSIS...After a shock selloff in a stock, there is usually a minor rebound, which is frequently followed by a secondary selloff down to retest the initial low. Shares of Entergy may be about to embark on that ride to a retest -- and soon.
Infosys Shows Conflicting Head-And-Shoulders Pattern On Daily And Weekly Charts
ARTICLE SYNOPSIS...Infosys bottomed out on the daily chart, breaking out of a bullish head-and-shoulders pattern. On the weekly chart, it seems to be forming a bearish head and shoulders, unconfirmed as of yet. The weekly chart is defining a $60-80 range for the stock.
ARTICLE SYNOPSIS...The head and shoulders formation is the most intuitive bottoming or topping out pattern. In it, the weaker of the bulls and bears prior to the pattern wins the post-pattern battle. On the strength of this pattern Kellogg Inc. is set to touch $43 in the
ARTICLE SYNOPSIS...In a sideways market scenario, there are always stock-specific stories that emerge showing strong uptrends. They offer the lowest risk buying opportunities when the market has no underlying trend.