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ATHM 50% | 1 SPY 50% | 1
ericblake ericblake SPY, D,
SPY: Confirmation of a New Bear Market
25 0 0
Confirmation of a New Bear Market

I use price and volume relationships to give me a clearer picture of the market trends.

ericblake ericblake ATHM, D, Long ,
ATHM: Autohome looks poised for a nice move up.
7 0 0
ATHM, D Long
Autohome looks poised for a nice move up.

Nice month long cup with handle pattern. This was followed by a breakout with a retest and regenerate sequence that probably shook out many buyers on the initial breakout. Now the price is moving up with a big increase in volume suggesting institutional buyers. This potential move up is supported by big increases in EPS over the last several quarters.

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