Trend is neutral, lower high and higher low show a developing symmetrical triangle .. A shallower redrawn downtrend line is insinuating that the speed of...
This market is still trying to make up its mind .. the converging peaks and troughs in the daily time frame are forming a triangle .. looking at at weekly time frame to try to a...
It's the last working day before Christmas .. In the frenzied midst of holiday festivities, shopping, errands, traffic jams, and merrymaking .. let's find a few sober...
Three pieces of evidence are suggesting that this rally is losing steam .. (1) a bearish divergence between price and RSI, (2) a rising wedge pattern preceded by a rally .. and...
Remember the setup and eventual breakout i posted earlier .. well here's a not to uncommon case of the initial breakout being faded back into the range before a more decisive...
Got this email from the treasurer of the Technical Analysts Society of Singapore (TASS) .. it will be interesting to hear what our association president has to say about...
I think it was at the p6chat xmas party last Friday when a couple of guys asked me when i intend to resume participating in the stock market. Of course my boring reply...
A failed breakout leaves the 2 month downtrend undamaged - see the 2 lower highs and the lower low . For the past 6 months, the moving averages crossed over 3 times in...
Still nothin doin... the market is moving trendlessly in a choppy manner .. look at the MAs - theyre all over the place .. the failed breakout of the downtrendline and prior...
Failure pattern followed by a trendline break .. 2 pieces of evidence suggesting a change in trend or worse-a possible reversal .. time to seriously consider taking profits ..
Important update on my previous AC post .. HEAD AND SHOULDERS finally completed today with a break of the neckline.. Height of pattern suggests a potentially ugly TP of 450.00...
I personally know a few who hold this stock .. and I can imagine the pain they must be undergoing due to losses or foregone profits .. but there were clearly defined exit...
I found the following setups on the daily charts today, 12/6/2007, after trading hours .. I will normally trade these IF THE PSEi IS IN A CLEAR UPTREND (see my earlier post...
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