NYSE:JPM is the last Bank that has been able to hold onto its Dow 30 component status. It is running up on a combination of buybacks and ETF development for Dow 30 index components.
The stock is over-speculated heading into the earnings season. Volume Oscillators show the extreme pattern clearly. So even minimal weakness in the earnings report could cause an...
KLAC weekly chart view shows the extreme Angle of Ascent™ on speculation at a new all time high. Professional Traders are likely to start taking profits due to the technical resistance level.
This is a MONTHLY chart. Each candle represents one month of price action.
Quick question. When a stock goes up, can we all agree that the market is buying it? Well of coarse! And we should be able to draw an up trend line that touches 2 or more candle lows to visually represent an increase in price over time.
One more quick question. What does it mean if we...
CAT has a Buyback style momentum run that encountered profit-taking by Professional Traders recently. The vertical Angle of Ascent™ was too steep and ultimately technically unsustainable.
TSN has been trending up, rising out of its short-term bottom that completed in February. The trend Angle of Ascent is steepening, and speculation increases. Entries at this level are higher risk.
