September 28, 2007

December Crude Crosses The Line: New Highs And Negative Divergences -- David Penn

A strong bull market in 2007 took December crude to levels not seen since August 2006. Is it time for crude to come in?...(more)

Ballard Power Systems Struggles With Bottom -- Gary Grosschadl

Over the last four months this alternative energy play has tested a bottom three times. Is this third time charmed?...(more)

September 27, 2007

S&P Chemical Index Breakout -- Chaitali Mohile

The long consolidation phase ends up with an encouraging breakout in the S&P Chemical Index....(more)

Time To Book Profits In Cisco -- Chaitali Mohile

A rising wedge formation and a triple-top resistance in two different time frames may spoil the party in Cisco. Profit-booking may be wise at this stage....(more)

BCRX Likely To See Further Downside -- Chaitali Mohile

The huge gap down has moved Biocrystal Pharmaceuticals below the support area, and weak breakout on the Health Care Select Sector Index may result in further downside....(more)

Breakout In GNK Fails -- Chaitali Mohile

Genco Shipping & Trading Ltd. formed a strong bullish continuation pattern, but the breakout turned sideways....(more)

A Cup-With-Handle For Intel -- Arthur Hill

Intel formed a bullish continuation pattern over the last two to three months, and a breakout would signal a continuation of the long-term uptrend....(more)

Pediment Exploration -- Koos van der Merwe

Are you an inveterate, addictive explorer? Here is a stock you could explore with success....(more)

Lilly Winds Up For The Pitch -- Arthur Hill

Eli Lilly has been consolidating since early June and the coil is winding ever tighter ahead of an impending breakout....(more)

September 26, 2007

Watching The Divergences: Picking A Short Point In The December T-Note Rally -- David Penn

Waiting for a confirming close can make all the difference between getting whipsawed and getting rewarded in the market....(more)

Beat The Breakout: Histogram Patterns Anticipate The Move Higher In High-Grade Copper -- David Penn

Wouldn't you rather already be long when the market breaks out?...(more)

MmM Pattern Breakout In December Silver Sends The Precious Metal Higher -- David Penn

A confirmed close serves as confirmation for a BOSO setup to the upside as well as a similarly bullish setup in the MACD histogram....(more)

A Stochastic Breakout In December Coffee: Better Late On The Break Than Never -- David Penn

A BOSO play in the stochastic helps traders climb on board a fast-moving market post-breakout....(more)

Dow Jones Utility Average Waits For The Breakout -- Chaitali Mohile

The Dow Jones Utility Average has narrowed its move with a smaller range and increasing uncertainty in market. The positive divergence provides an optimistic view....(more)

Alcatel-Lucent Has Vertical Fall -- Chaitali Mohile

ALU slipped faster with three gaps down. The return journey could begin soon, according to oscillators....(more)

A Support Test For THQI -- Arthur Hill

THQ Inc. is testing support from its prior low, and traders should be on guard for a bounce and a potential double bottom....(more)

Yahoo! Gaps Off Support -- Arthur Hill

Yahoo! had a rough summer, but the stock found support from last year's low and a gap-up kick started a breakout on good volume....(more)

The Falling US Dollar -- Koos van der Merwe

The darkest scenario of the past few years for the world has been a falling US dollar. How much farther?...(more)

September 19, 2007

PpP Patterns And The MACD Histogram: Soybean Meal Makes Its Move -- David Penn

A bullish pattern in the MACDH develops just as the December contract closes over its 50-day EMA, signaling an opportunity to the upside in bean meal....(more)

2B Bottoms And Positive Divergences: Cotton's August Bounce Buoys Commodity -- David Penn

A 2B bottom in the second half of August is confirmed by positive divergences, sending December cotton soaring into September....(more)

Trading Turns Quiet At Starbucks -- Arthur Hill

Trading in Starbucks has turned quiet the last few weeks, and traders should watch for a break from the current trading range for the next directional clues....(more)

An Oversold Breakout For Wachovia -- Arthur Hill

The long-term trend remains down, but Wachovia became oversold and a recent flag breakout suggests more room to the upside for this bounce....(more)

September 12, 2007

Overbought Breakout Sends Bean Oil Toward Contract Highs -- David Penn

A MmM pattern in the MACD histogram hints at a buying opportunity as December bean oil rallies into September....(more)

Sun Finds Some Java -- Arthur Hill

Sun Microsystems surged over the last four weeks and broke some key resistance levels to reverse a six-month downtrend....(more)

September 11, 2007

Not So High On The Hogs: Divergences And Breakdowns In The October Contract -- David Penn

Negative divergences in the stochastic and the MACD histogram anticipated a late summer correction in lean hog futures....(more)

A Cocoa Pop? Positive Divergence And Seasonal Trends -- David Penn

A positive divergence in the MACDH anticipates the seasonal "September rally" in cocoa futures....(more)

Russell 2000 Is Underperforming -- Chaitali Mohile

$RUT failed to overcome the bearish force even during a pullback rally in the entire market. Now we're likely to see its previous low....(more)

Apple Struggles Near Support -- Chaitali Mohile

A strong technology stock like Apple, Inc., can go jittery when volatility returns to the NASDAQ Composite....(more)

September 10, 2007

Time Warner Is Bottoming Out -- Chaitali Mohile

TWX moves in range under certain resistance; in addition, NYSE Composite holds onto the strong support of the moving average, and adds to the strength of the lower range of the security....(more)

A Gann Look At The S&P 500 -- Koos van der Merwe

Financial events of the past few weeks have suggested that the US economy is headed for a recession. What do Gann charts have to say about it?...(more)

September 07, 2007

Bearish mMm Pattern Breaks The Greenback/Swissy Down -- David Penn

A break below support at the 50-day EMA and a confirming close make for a lower USD/CHF....(more)

September 06, 2007

Microsoft Is Lagging -- Arthur Hill

While the NASDAQ and QQQQ surged above their August highs, Microsoft continues to languish near its lows and a bear flag is taking shape....(more)

Flextronics Surges Off Support -- Arthur Hill

After a long-drawn-out consolidation, Flextronics broke resistance with a surge off support, and this breakout points to higher prices down the road....(more)

HongKong iShares May Remain Choppy -- Chaitali Mohile

The intraday fall has retraced the Hong Kong iShares below resistance, leading to volatile sessions and a wide-range consolidation on the daily chart....(more)

September 05, 2007

NASDAQ Composite Breaks Out -- Chaitali Mohile

NASDAQ Composite surged on positive divergence in a bullish atmosphere in the market....(more)

A Morning Star Wakes Up The Dow -- David Penn

A classic Japanese candlestick pattern reveals a bottom in the hourly Dow industrials....(more)

A 2B Bottom In December Gold? -- David Penn

As gold slides toward a cyclically bullish period, is this reversal pattern signaling the all-clear?...(more)

September 04, 2007

The Canadian REIT Index -- Koos van der Merwe

The US market housing prices may be collapsing, but the Canadian REIT index looks far more encouraging....(more)

Continental Airlines Rebounds Toward First Resistance -- Paolo Pezzutti

The stock is providing signs of a continuing rebound....(more)

Home Depot On Fast Track -- Chaitali Mohile

Home Depot has moved above some resistances, recovering from its previous losses on correction....(more)

...More Articles