January 15, 2004

A Head And Shoulders Consolidation And Reversal -- Ashwani Gujral

A head and shoulders pattern can be both of the consolidation and the reversal variety. American Medical Systems Holdings Inc. has one of each in its daily and weekly chart, with both suggesting the ...(more)

Nokia Gaps Out Of A Basing Formation -- Ashwani Gujral

The telecom sector has been moving up recently, thanks to companies like Nokia. Ahead of the pack, Nokia broke out of a 2-year consolidationon on an upward gap. Here's how you can trade that gap....(more)

Entering The S&P 500 On Retracements -- Ashwani Gujral

Entering a trend on a retracement is a low risk strategy. But how do you know when a retracement will end? There is no one method that gives the exact answer but a variety of methods give a fair ide...(more)

January 13, 2004

Is Oil Headed Back Up? -- Ashwani Gujral

Traders should always be wary of trading patterns before they breakout/breakdown because failed patterns can lead to large moves in the opposite direction. In this article, I will demonstrate how a f...(more)

The LookSmart Squeeze -- Matt Blackman

During its heyday in March 2000, this stock hit a high of $69.50. By September 2001, it had plummeted to a meager $0.31. Slowly but surely, it has been making a comeback in both price and respectabili...(more)

Amazon's Sideways Correction -- David Penn

A double zigzag appears to be ending in Amazon (AMZN), which could mean new multi-month highs....(more)

ExxonMobil Corp.'s Trading Range Breakout -- Kevin Hopson

ExxonMobil Corp. broke out of bullish consolidation pattern back in mid-December, indicating the potential for higher prices in the near-term....(more)

January 12, 2004

Walt Disney Co. Enjoys Breakout -- Gary Grosschadl

Walt Disney Co. (DIS) makes a bold thrust higher as last August's high is taken out....(more)

Nasdaq Headed To 2700 -- Ashwani Gujral

Sideways markets are tedious to trade but finally the Nasdaq has broken out of a sideways market and is heading to 2700....(more)

January 09, 2004

Telecommunications Starting To Trend? -- Ashwani Gujral

Leading sectors from a preceding bull market are often decimated in the subsequent bear market. The telecommunications sector was sent reeling in the technology crash. But they've been making exciti...(more)

January 08, 2004

ADRs, ADX and MACD -- Ashwani Gujral

Different indicators need to be used in trending and trading markets. Do not use trend following indicators in trading markets, or oscillators in trending markets....(more)

Is It Time To Keep An Eye On The Nikkei? -- Ashwani Gujral

The Nikkei seems to have bottomed out for a while; look to enter a breakout for a decent move....(more)

CompuDyne Corporation Breaks Out Of An Ascending Triangle -- Ashwani Gujral

Ascending triangles are different from other triangles. They give an indication of the direction of their breakout before the event. An ascending triangle breakout on heavy volume is a good reason to...(more)

Ati Technology Inc. -- Koos van der Merwe

Ati Technology, Inc. designs, manufactures and markets multimedia solutions and graphics components for the personal computer, digital tv and consumer electronics appliance markets. Management has in ...(more)

Bullish Breakout For The Triple Q's -- Kevin Hopson

The Nasdaq 100 Shares recently broke out of a bullish trading range, indicating the likelihood for further price appreciation in the near-term....(more)

January 07, 2004

Mixed Signals For The Canadian And U.S. Dollar Indexes -- Kevin Hopson

The Canadian and U.S. Dollar Indexes have been moving in opposite directions for three years now and while this trend may continue in the near-term, there are signs of long-term trend reversals furthe...(more)

Materials Move Up -- David Penn

After a brief, three-day pullback, basic materials stocks look to resume their advance....(more)

January 06, 2004

Long Term Gold Hitting Resistance -- Gary Grosschadl

Last month gold finally closed above $400, something it hasn't done since 1996....(more)

Treasury Yields And MACD Histogram Peaks -- David Penn

An extremely high MACD histogram in the weekly chart of the ten-year Treasury note yields back in August suggests that rates are going significantly higher....(more)

Houston Exploration's Bullish Trading Range -- Kevin Hopson

The Houston Exploration Co. has been consolidating in a bullish trading range since last September, indicating the potential for higher prices down the road....(more)

Is China Unicom Breaking Out? -- Ashwani Gujral

Symmetrical triangles are indecisive and difficult patterns to trade. China Unicom seems to have broken out of one, but keep the caveat in mind....(more)

January 05, 2004

Tibco Bullish Flag 'A Hoisting!' -- Matt Blackman

On December 22, I wrote about a diamond bottom pattern that had formed on this software company's chart. It hasn't broken out yet but is threatening to do so....(more)

COT Indicator Says Market Still A Buy -- Matt Blackman

As non-priced based indicators go, the Commitment of Traders' positions are as good as some, better than most. The indicator gave a buy signal on the S&P 500 in early October that was confirmed to sti...(more)

Eon Labs, Another One To Watch -- Koos van der Merwe

The price of pharmaceuticals and prescription drugs is far higher in the United States than in Canada, which has led many Canadian Pharmaceutical companies to tap the U.S. market via e-mail and offer ...(more)

December 31, 2003

UPS and the ADX -- Ashwani Gujral

ADX is one of the indicators used to determine whether a stock is in a trend or not. This UPS example shows how to use the ADX along with chart patterns to enter high probability trades....(more)

December 30, 2003

General Electric Showing Downside Potential -- Gary Grosschadl

General Electric (GE) may be facing a downleg from here for several technical reasons....(more)

Gold's End-of-Year Glitter -- David Penn

As the head and shoulders top in $HUI disappears, higher prices for gold stocks emerge....(more)

December 29, 2003

Janus Breaks Out Of Short-Term Reversal Pattern -- Ashwani Gujral

Here is a good example of an inverse head & shoulders formation on the chart for Janus Capital Group (JNS)....(more)

How Now Fine Dow? -- Koos van der Merwe

What with a mad cow, an orange alert for possible terrorist attacks, and a winter that in some parts of the country has been far more trying than previous years, what else can go wrong with the market...(more)

Yahoo Consolidates Before Moving On -- Ashwani Gujral

If people thought the Internet stocks were dead and buried long ago, think again. Yahoo and Amazon are two stars rising from the rubble....(more)

Patterson-UTI Energy's Bullish Pennant Formation -- Kevin Hopson

Patterson-UTI Energy's recent trend reversal has led to a bullish pennant formation on the daily chart, indicating the potential for higher prices in the near-term....(more)

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