Featured Article

RightView Trading Calling A Top On “Off The Charts”

By | October 8, 2019

RightView Trading was featured once again, on the “Off The Charts” segment of Mad Money tonight. Jim Cramer and his team always do a fantastic job of bringing the two dimensional pictographs to life. We greatly appreciate their work. Tonight’s piece was a follow-up to a February segment where we examined the broader market averages.… Read More »

“Doji Storm” On The Major Market Index Charts – And What It Could Mean

By | October 14, 2019

While the action that played out on the charts of the major market averages on Friday may seem at first bullish, there were some underlying technical issues. The Dow Jones Industrial Average was up over 500 points early in Friday’s session and finished out the day 319 points higher. The S&P was up about 2%… Read More »

CF Industries Holdings: A Play In The Fertilizer Patch

By | October 8, 2019

CF Industries Holdings (CF) is in the fertilizer business. It produces nitrogen and ammonia based products for distribution worldwide. Over the last three months the stock price has been consolidating in a symmetrical triangle pattern. Recent lows have reinforced the idea of trend line support positioned in the $47.50 area and today price is peeking… Read More »

Charts Of Interest – $DAL, $SRCL, $BBY, $PPFT

By | October 1, 2019

The weekly chart of Proofpoint (PFPT) shows several attempts over the last two years to break above the $130 level. Another attempt is underway. Watch for a confirmed breakout which could potentially be the start of a new bull phase. Shares of Delta Airlines (DAL) have been declining since August this year. More recently they… Read More »

Dunkin’ Brands – Momentum And Money Flow Suggest Possible 18% Downside

By | September 29, 2019

Shares of Dunkin’ Brands (DNKN) have been trending higher since early 2016. The move from $35 to its current level of $78.14 represents a 122% advance. But as the rally in the stock progressed there were also periods of retracement along the way. Two technical conditions on the weekly chart have signaled several of these… Read More »

Disney Downside Price Target – After Technical Tops On Multiple Time Frames

By | September 27, 2019

Disney (DIS) shares spent the four years between 2015 and 2019 consolidating in a triangular range. That range narrowed from $30 at its widest, to $15 at its most compressed. In April this year Disney broke out. The breakout can be seen on the weekly chart. The long consolidation period formed a triangle pattern on… Read More »

Bullish Morningstar Reversal Pattern On The SPY Chart Suggests Retest Of Recent Highs

By | August 17, 2019

Thursday on Twitter we pondered the possibility that a bullish morningstar reversal pattern could be forming on the $SPY daily chart. The only piece of the pattern missing was the third and final large bodied up-day candle. That was exactly what we got at the end of Friday’s strong session, with the formation of a… Read More »