Berkshire Hathaway Shares Testing Major Top Support

Berkshire Hathaway Shares Testing Major Top Support

A set of technical patterns that have formed on the Berkshire Hathaway (B) chart could be signaling a major top is in place. On the weekly chart, the March high this year formed an eveningstar pattern similar to the one…

Potential Pullback Levels on the Apple and Tesla Charts

Potential Pullback Levels on the Apple and Tesla Charts

Here’s my technical take on the potential pullback levels in Apple AAPL and Tesla TSLA shares, previously published on TheStreet.com this week.

The Market is in Bearish Transition

The Market is in Bearish Transition

There has been a transition underway in the market over the last month, evident on multiple timeframes on the charts of the major market indices. One last level of technical support remains before the breakdown is confirmed and market heads…

The Charts Suggest -- Apple Is Headed Lower

The Charts Suggest — Apple Is Headed Lower

The broader market is experiencing a minor pullback this month, but this “minor” pullback has taken the indices and many of the most actively traded stocks back down to key support levels. This is the case with the Dow Jones…

Gold Preparing for a 10% Gain--How to Trade the Gold ETF

Gold Preparing for a 10% Gain–How to Trade the Gold ETF

(this article was first published on TheStreet.com on April 10th.) Gold has rallied this year back up to the intersection of a key technical level and its 200-day moving average, and in the process, formed a bullish cup-and-handle pattern on…

The Major Market Indices Continue to Weaken

The Major Market Indices Continue to Weaken

The Dow Jones Industrial Average ($DJIA) and the S&P 500 Index ($SPX) are retesting their 50 day moving averages and nearing downside support levels, at this early point in the trading day. The Russell 2000 Small Cap Index ($RUT) has…

Cisco Systems Chart Framing a Good Risk/Reward Short Trade

Cisco Systems Chart Framing a Good Risk/Reward Short Trade

Shares of Cisco Systems (CSCO) have pulled back off their March highs and are retesting their rising 50 day moving average. This moving average support looks unlikely to hold and sets up further downside in stock. The weekly chart shows…

Are Amazon Shares Topping Out -- The Unthinkable Technical Take

Are Amazon Shares Topping Out — The Unthinkable Technical Take

An eveningstar reversal pattern has formed on the Amazon AMZN daily chart near the upper end of a rising wedge consolidation. This pattern, if confirmed by follow-through price action, could be a signal that a top of some duration has…

New Relic -- The Data Analytics Company Is Ready to Make New Highs

New Relic — The Data Analytics Company Is Ready to Make New Highs

Shares of the data analytics software company, New Relic (NEWR) bucked the broader market trend closing up over 5% in Wednesday’s session. Technical resistance was broken and the stock looks prepared to make new all-time highs. The weekly chart reflects…

Updates on Articles on TheStreet.com

Updates on Articles on TheStreet.com

Here are two articles recently published on TheStreet.com: Green Plains Power Pattern Projects New Highs Spirit Airlines Ready for Takeoff and Shares Could Soar