March 08, 2007

A Bear Trap For The Russell 2000 -- Arthur Hill

The Russell 2000 broke support on Monday but quickly sprang back to lay the foundations of a bear trap....(more)

Citrix Holds The Gap -- Arthur Hill

Despite a setback last week, Citrix is holding its January gap and traders should watch the current consolidation for the next signal....(more)

Waving The Gold -- David Penn

Competing theses on gold nevertheless suggest going lower before higher....(more)

The Sucking Before The Tsunami -- Koos van der Merwe

Anyone standing on a beach knows that before a wave crashes on the shore, there is always a pullback of the water. The greater the pullback, the greater the wave....(more)

March 07, 2007

Measured Moves In The Swiss Franc -- David Penn

One of the most straightforward ways to anticipate targets after breakouts and breakdowns helped Swiss franc traders exit profitably from a turn-of-the-year advance....(more)

Three Months And Three Gaps For Nucor -- Arthur Hill

Two gaps validate resistance for Nucor and a big double top is evolving over the last few months....(more)

Oracle Firms Within A Channel -- Arthur Hill

Oracle is showing some relative strength over the last few days, and confirmation of a bullish candlestick reversal pattern would forge a breakout....(more)

Classic Trading Signals On The NASDAQ Composite -- Gary Grosschadl

Here are some very clear trading signals, including two reversal patterns....(more)

Building A Better Bottom -- David Penn

In the days after the market meltdown, the Standard & Poor's 500 continues to forge a bottom from oversold conditions and positive divergences....(more)

March 06, 2007

Negative Divergences And The USD/JPY Breakdown -- David Penn

After two months of appreciation against the yen, the USD/JPY took a hard hit in February going into March....(more)

Transportation's Correction Destination -- David Penn

A trend channel's upper boundary provides resistance to a rally transportation sector....(more)

March 02, 2007

The QQQQ's 2B Top -- David Penn

A classic reversal pattern helped traders anticipate the February 27th market meltdown in the NASDAQ 100....(more)

Is This The Perfect Market Storm? -- Koos van der Merwe

Alan Greenspan is no longer Federal Reserve chairman. China is a Communist country practicing capitalism. Put the two together. Do you get a perfect market storm?...(more)

Heavy Is The Heart Of The Homebuilders -- David Penn

Negative divergences augur lower prices ahead for homebuilding stocks....(more)

March 01, 2007

Betting On The Bounce -- David Penn

A 50-plus point decline in the S&P 500 leaves traders looking for clues on when to climb back in....(more)

Tokyo Nikkei Warning -- Gary Grosschadl

Yesterday's Shanghai Composite Index meltdown caused major short-term dives on many major indexes around the world....(more)

World Wrestling Gets A Squeeze -- Arthur Hill

The Bollinger Bands are narrowing considerably for World Wrestling Entertainment, and this often leads to a breakout. But which way?...(more)

Cotton Rising? -- David Penn

It's far from summertime, but May cotton futures appear to be establishing a bottom that could see higher cotton prices over the next several weeks....(more)

February 28, 2007

Microsoft In Failure Mode -- Gary Grosschadl

The violation of a significant moving average line often is a tipoff to a trend change or start of a correction....(more)

A Big Test Looms For The Naz -- Arthur Hill

The NASDAQ came crashing down on Tuesday, February 27, but support is at hand and the November–December 2006 lows hold the key to a medium-term reversal....(more)

Moving Average Crossover = Fresh Rally In QCOM -- Chaitali Mohile

A fresh upward move can be expected in Qualcomm....(more)

Cabela's Inc. Breaks Out Of Symmetrical Triangle -- Chaitali Mohile

CAB reached its previous high by moving out of the symmetrical triangle it had been in.

...(more)

February 27, 2007

The S&P 500's Fibonacci Foraging For A Bottom -- David Penn

Will a key Fibonacci retracement level provide support for the falling S&P 500?...(more)

Bob Evans Resumes The Moves -- Chaitali Mohile

Restarting the previous rally after a range-bound move during consolidation is essential for an existing trend. BOBE has moved out of a long consolidation period and now is headed to new target of $42...(more)

Fresh Levels In Fossil -- Chaitali Mohile

Fossil, Inc., looks like it's ready to move. Traders can see a target of $31 soon....(more)

February 26, 2007

The Amex Computer Index Looks Toppy -- Arthur Hill

The Amex Computer Index formed a head & shoulders reversal pattern over the last three months, and a neckline break at this point would be bearish....(more)

Vital Image Has Formed Descending Triangle -- Chaitali Mohile

With this stock is entering a bearish trend, a major downturn is possible....(more)

Symmetrical Triangle In GPI -- Chaitali Mohile

Group I Automotive Inc. has been moving in a symmetrical triangle since May 2006. Which direction is it likely to break out?

...(more)

February 22, 2007

Google Bounces Off Support -- Arthur Hill

Google has been trading flat during the last few months, but support is holding and the recent upturn in stochastics argues for higher prices....(more)

Signs Of Accumulation In Tektronix -- Arthur Hill

Tektronix fell off a cliff in December 2006, but immediately firmed and now shows signs of buying pressure over the last two months....(more)

Can CRY.TO Sustain Its New High? -- Chaitali Mohile

Crypotologic, Inc., made a new high. But can it maintain it?...(more)

FEIC Gives Gap Breakout Of Falling Wedge -- Chaitali Mohile

A breakaway gap from a particular pattern reinforces the gap and the continuation of trend. FEI Co. is heading toward the target of $41.

...(more)

February 21, 2007

eBay Hints At A Trend Change -- Gary Grosschadl

The stock price hit a two-year low last August. Is it recovering?...(more)

Verisign Nears A Pattern Test -- Gary Grosschadl

After hitting a two-year high in the mid-$30 range and a low of $16, where is this stock headed?...(more)

Is The QQQQ Breakout At Hand? -- David Penn

Trapped in a trading range since early November, is the NASDAQ 100's tracking stock finally ready to move higher?...(more)

February 20, 2007

Weekly 2B Bottom In Humana -- David Penn

Another example of the march forward in health-care providers comes courtesy of an intermediate-term 2B bottom in shares of Humana....(more)

A Surge For CNET -- Arthur Hill

CNET gapped up at the end of January, and last week's flag breakout could foreshadow long-term trend change....(more)

Disk Drive Index Hits Support -- Arthur Hill

The Computer Disk Drive Index ($DDX) remains in a clear downtrend, but support is at hand and RSI shows signs of a bottom....(more)

American Tower Corp. Revisited -- Koos van der Merwe

I wrote about American Tower Corp on March 7, 2003, when the price was in the region of $5.00 per share....(more)

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