Category Archives: Weekend Chart Requests

Google Channel Check

A reader requested I take a look at the Google (GOOGL) charts: Google rallied off its 2012 low making a series of higher highs and higher lows for the next two years. The pullback to the 200 day moving average in April 2014 looked like a normal reversion, but the inability of the stock to… Read More »

Reader Request: Dow Chemical

The Dow Chemical (DOW) daily chart shows the stock filling a gap in the Friday session and then reversing and closing near the low of the day, forming a bearish gravestone doji candle. Last month the 50 day moving average made a “death” cross below the 200 day average. The stock needs to close in… Read More »

Reader Request: GoPro and Alibaba

A reader requested a review of the GoPro (GPRO) and the Alibaba (BABA) charts: I looked at the GoPro (GPRO) chart back on 11/19 and highlighted the inverse head and shoulders continuation pattern. A successful breakout to the upside had real bullish potential, but there was never a close above the $85.00 neckline, instead the… Read More »

Reader Request – AT&T (T)

A reader requested an analysis of the the AT&T (T) chart. The weekly chart shows the stock price consolidating in a horizontal channel since May of this year, with support in the $33.25 area and resistance near $35.25. Shares broke and closed above the two year resistance level this week, making an all-time high. The… Read More »

Reader Request: Twitter Chart

Linda requested I take a look at the Twitter chart. On the weekly timeframe the stock can be seen breaking above its 10 week (50 day) moving average in June this year, and then moving back up to a 50% Fibonacci retracement of its range since coming public. The current 10 week average is making… Read More »