Ford Motor Company (NYSE:F) continues to consolidate off the lows hit weeks ago. After hammering into the 200 moving average on the daily chart multiple times, Ford jumped higher on March 24th, 2011. That move took the stock well off the 200 moving average and started a bullish consolidation pattern known as a bull flag.
Closing Price Reversal Top Pattern Pressuring Euro
On January 28, 2011 the highly followed Dow Jones Transportation Index closed below the important daily chart 50 moving average. Often when a stock or index closes below the daily chart 50 moving average it is viewed as a sign of weakness. It is important to note that since that time the Dow Jones Transportation Index has recaptured the daily 20 and 50 moving averages on the daily chart.
Gold Chart Pattern Indicates Impending Volatility; Possible Top
December Gold traded in a tight and narrow range for the second day in a row indicating impending volatility.
Fundamentally, the slow down in the break in the U.S. Dollar has had a lot to do with trader indecision. Bullish traders have backed away from adding to their existing positions since Thursday when this market made a closing price reversal top.
SPY In Spirit Of Bear Flag Pattern Plays Out Like A Fiddle...Dropping To Target
SPY - technical analysis and suitable options strategy
The First Monster Stock Of 2008, From A Perfect Chart Setup, Is Now Up 50% In Little Under A Month
Just a public shoutout and congratulations to everyone that recognized DGLY was a near-perfect/perfect chart setup that along with the very strong fundamentals made it a clear MONSTER STOCK. Now while we have two stocks that we have bought that were perfect when they started out, only one has remained perfect.