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Technical Analysis

Ethereum Holds $4,000 and the Trendline: Chart of the Day

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Ethereum has been pulling back since mid-November, potentially creating opportunities for traders. The first pattern on today’s chart is the trendline starting on July 20...

Technical Analysis: Exxon Mobil Could Be Stalling

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Energy stocks have dominated the market this year, but now the biggest of the bunch is showing signs of weakness: Exxon Mobil. The first pattern...

Last week was calm as confidence grew

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Despite a lot of news, last week was the quietest of the year. The S&P 500 moved less than 30 points between its low and...
Stocks Try to Hold as Economy Remains Strong Despite Trade War

S&P Tests Support Dating Back to the Global Financial Crisis

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There is a famous quote on wall street that “The trend is your friend”. Regardless of the timeframe, technical traders can gain an edge...
Charting the Market Educational Series

Here Are 3 Key Tools for Discovering Pullbacks in the Stock Market

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"Buy the pullback," is one of the most common ideas in the stock market. But how can you find them? This post will identify...

Most Recent Technology IPOs Have Struggled, But This Stock Is Breaking Out

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Most high-profile tech IPOs from the past year have struggled – but not Roblox. The maker of virtual-reality software ended last week at a new...

Small Caps Are Outperforming Again: Technical Analysis

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QQQ vs IWM? In some ways, it’s the big debate of 2021. Will traders stick with megacap growth stocks, or ride fast-moving small caps...

‘Boring’ May Be The New Bullish: Healthcare, Insurers,and Food Stocks Break Out as the...

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The S&P 500 continues to hit new highs, but a strange mix of stocks is leading the advance. Pharmaceuticals, medical devices, insurers and food companies...

Technical Analysis: Is It Showtime for AMC Entertainment?

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AMC Entertainment had a dramatic short squeeze in May and June. Now it may be ready to move again following months of consolidation. The price...

Chart Analysis: Is a Breakout Coming in Bitcoin Miner Riot Blockchain?

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Bitcoin miner Riot Blockchain hit a seven-month high in mid-November. It pulled back sharply and now may be attempting a breakout. The first pattern on...
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