Whole Foods Double Pattern Breakout
The stock is breaking out of a channel within a channel, and each pattern projects a move higher. Here’s the story published this morning on TheStreet.com.
Category Archives: Health and Nutrition
SodaStream – Speculative Play?
Home carbonation was, perhaps, a concept that was ahead of its time, but nevertheless, SodaStream (SODA) shares have fallen about 77% in value over the last two years. The weekly chart chronicles the decline, but notice the small rounding bottom that has been forming this year. Overall volume is extremely low, but price and money… Read More »
Morningstar Confirmation
The late day reversal on Friday and the continued broad market strength today is helping to validate the Morningstar pattern I highlighted on Thursday: The closing strength in the Russell 2000 Index yesterday was a harbinger of good things to come. The volatility in the last several sessions has created a candlestick reversal pattern on… Read More »