Raytheon (RTN) has been rallying this year but that positive momentum is waning and a large head and shoulders top has formed on the daily chart. Now the stock is setting up to retrace half the earlier move. My analysis…
A three-day bearish reversal pattern has formed on the NASDAQ Composite daily chart. Its composition suggests a transition in investor sentiment form bullishness to bearishness. Thursday’s session was volatile with a number of fundamental and technical forces coming into play….
FMC Technologies is an underperformer in an underperforming sector and could see a volatile catch-up rally. Here’s my take on the trade published on The Street this morning.
Long-term triangle breakouts project big time profits for Carnival and Royal Caribbean Cruises. Here’s my analysis published on The Street this morning.
Linkage to my multiple timeframe analysis of the IBM charts published on The Street this morning.
These are four stock that have formed morningstar patterns on their weekly charts. Here’s the link to the article published on The Street this morning. Watch for confirmation.
The weekly charts of the S&P 500 and the DJIA show large dark or down candles formed three weeks ago followed by two futile attempts to recover positive momentum and their 10 week (50 day)moving averages. These failed recoveries formed…
Here’s a link to my post on Integrated Device Technology (IDTI) published on The Street on Friday.
Shares of Comcast (CMCSA) are in a primary uptrend and look to continue higher. Here’s my take on the chart published on The Street this morning.
Jim Cramer highlights the charts of Visa (V), Mastercard (MA), and PayPal (PYPL) on “Mad Money,” as interpreted by Bob Lang of Explosive Options.