April 01, 2003

Russell 2000 Forms Flag Near Resistance -- Arthur Hill

After a sharp advance from 343 to 376 (9.6% in two weeks), the Russell 2000 Index has become overextended and ripe for a pullback or consolidation....(more)

Where Are The Markets Headed From Here? -- Matt Blackman

Divergence analysis using momentum indicators can assist traders in spotting potential trend changes weeks before they occur. Here, we examine what the Chaikin money flow indicator may be trying to te...(more)

March 31, 2003

VIX Analyzed -- Gary Grosschadl

The Chicago Board Options Exchange Volatility Index is used by stock and options traders to monitor the market's anxiety level....(more)

Research In Motion Faces Quadruple Resistance -- Gary Grosschadl

This Canadian tech heavy weight, known for its Blackberry wireless platform / pager, trades on both sides of the border and has plenty of resistance going forward....(more)

March 26, 2003

Revisiting Copper Tops -- David Penn

A "third strike" looms against the rally in copper futures....(more)

March 25, 2003

Genzyme Topping Out -- Gary Grosschadl

Genzyme General, a division of Genzyme, is a Nasdaq 100 stock that appears to be repeating a pattern and may be forming a possible triple top.
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Best Buy Making a Break For It -- Arthur Hill

Best Buy is tracing out an ascending triangle on the daily chart, but the weekly chart suggests that this could just be a reaction rally within a larger downtrend....(more)

Support Turned Resistance for Apache Corp. -- Kevin Hopson

Apache Corp. (APA) had been in a steep uptrend since late last year. However, the stock recently broke its long-term uptrend line, which has now turned into resistance....(more)

SPY - A Market Proxy -- Matt Blackman

It has now been eight days since markets began their upward march, but the run is showing signs of strain....(more)

March 24, 2003

August Technology Corporation -- Koos van der Merwe

August Technology Corp. (AUGT) designs, manufactures, markets and services automated visual inspection equipment for the detection of micro-defects. For the fiscal year ended 12/31/02, revenues fell 1...(more)

Smooth Surfing for F5 Networks Inc. -- Andrew Hetherington

A flag formation inside of a larger triangle anticipates a breakout for F5 Networks....(more)

US Dollar Index and Euro Index Show Rare Pattern -- Gary Grosschadl

The battle between these currencies is obvious via the mirror image-like moves. They both showed a strong reversal pattern....(more)

March 21, 2003

Recent Channel Breakout for ConocoPhillips -- Kevin Hopson

ConocoPhillips (COP) had been stuck in the $46.00 to $50.00 range dating back to October 2002. However, the stock broke out of its four-month trading range late last month, indicating the potential fo...(more)

June Crude Breaks Down -- David Penn

Signs of slowing momentum in mid-February lead to a trendline break in mid-March....(more)

Is Juniper Networks on the Brink of Breaking Out? -- Andrew Hetherington

A triangle formation on Juniper Nerworks (JNPR) chart has a bullish tendency but it will not break out unless the volume continues to increase....(more)

March 20, 2003

Sanmina Corporation is Rounding Higher -- Andrew Hetherington

Playing a scallop formation is easier than identifying one....(more)

Qualcomm Signals a Continuation Higher -- Arthur Hill

Qualcomm (QCOM) may be poised for a bullish move. The stock's chart suggests that a run towards the December 2002 high is likely....(more)

How Now Uncertain Dow? -- Koos van der Merwe

A head and shoulders pattern is a well known technical tool. How accurate is this chart pattern? One look at the Dow shows exactly how accurate this pattern can be....(more)

Four or More Plus One Reversal -- David Penn

Can Sperandeo's Four Day Corollary work on an intraday basis?...(more)

AMEX Oil Index -- Fifth Wave in Progress? -- Kevin Hopson

The AMEX Oil Index (XOI) looks to be in the fifth and final wave of its long-term downtrend. If so, a significant bottom reversal could occur in the coming weeks or months....(more)

March 18, 2003

Precision Drilling's Double Head & Shoulders Pattern -- Gary Grosschadl

This Canadian oil field services company has had a small head and shoulders pattern fuflilled and now may test a much bigger pattern....(more)

XAU Gold Index Bounces Off Support -- Gary Grosschadl

Just as the price of gold falters, the gold index and gold stocks bounce to confuse traders....(more)

March 17, 2003

Nvidia Corporation's Triple Resistance Threat -- Gary Grosschadl

Nvidia's (NVDA) colorful advance has lots of overhead resistance to beat as it approaches a trendline test....(more)

March 14, 2003

Cocoa's Descending Triangle -- David Penn

After failing to take out the October highs, cocoa looks poised to test the November lows....(more)

The Nasdaq = Canary In The Coal Mine -- Gary Grosschadl

The Nasdaq is the farthest along in the race to test the powerful 200-day EMA overhead resistance. What happens here may determine the fate of the other main indices....(more)

Bema Gold is Poised to Run Higher -- Andrew Hetherington

As safe an investment as there is in the current market? The charts show why....(more)

March 13, 2003

Will London Lead Europe Higher? -- Gary Grosschadl

While several European markets are failing badly, the British seem to be trying to make a stand via a possible double bottom pattern....(more)

Xerox, Another for the List -- Koos van der Merwe

Xerox is another stock that can be added to my "would like to own" stocks as the market falls in anticipation of a war in Iraq. Stocks on the list are those I believe can be purchased at bargain pric...(more)

Canfor Corporation Tries a Bounce -- Gary Grosschadl

This Canadian forest products company is trying a bounce off trendline support....(more)

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