What Are Charts? A price chart is a sequence of prices plotted over a specific time frame. In statistical terms, charts are referred to as time series plots. On the chart, the y-axis (vertical axis) represents the price scale and the x-axis (horizontal axis) represents the time scale. Prices are plotted from left to right across the x-axis with the most recent plot being … [Read more...]
Breakouts from Bullish patterns
There's always a bull market in some or the other place . We've found several in energy, agriculture, and retail. Origin Agritech (SEED) - Bullish Triangle SEED is tracing one big bullish triangle. SEED is a small cap that's been extremely volatile. The ups and downs in the stock have resulted in the formation of a triangle over the last five months. Look for a break … [Read more...]
5 auctionable price patterns
We have got here five price patterns for you to ponder , while the Fed ponders what to do with interest rates. let's take a look at five price patterns worth following. AKSteel Holding (AKS) - Bullish Flag stocks of steel looks like a steal right now. They've weathered the recent market storm remarkably well. Look to AKS to lead another leg higher in this group if the … [Read more...]
Two price patterns
Volatility will be with us again . Expect another massive gap lower than, in part, to Apple (AAPL). The much-loved AAPL delivered a dismal earnings outlook, reinforcing the worries over a slowdown in consumer spending. AAPL is down with 11 percent in pre-market trading. Emotions will run high again today and we're likely to see some more wild swings in the broader market, … [Read more...]
auctionable price patterns
Four Actionable Price Patterns more day-to-day volatility this week is expected , where the Dow Jones might go be up 100 points one day and down 100 points the very next day . Our "friends" at the Federal Reserve will add to the volatility, when they make their statement on interest rates we are trading with both bullish and bearish positions with an overall balanced … [Read more...]