ARTICLE SYNOPSIS...A price channel breakout isn't all than uncommon, but when one occurs in the midst of an ongoing, major monthly based cyclical move, it deserves a close look.
ARTICLE SYNOPSIS...Looking at 60-minute data for Apple Computer, Inc. (AAPL) shows that the past month and a half have been a volatile period. Exhaustive selling during the middle of April created short-term support at $109 per share. By looking at these past support areas
ARTICLE SYNOPSIS...Oracle is showing some relative strength over the last few days, and confirmation of a bullish candlestick reversal pattern would forge a breakout.
ARTICLE SYNOPSIS...Price reactions within a trend by Bill McLaren I have, in the past decade, taught trading techniques to many students. Recently, most of my students have entered the markets after purchasing a personal computer and a technical analysis software package.