All Posts Tagged With: "trendline"
Watch That Triangle!
A triangle appears to be forming in the S&P 500, and also in the Dow Industrials. We always sit up and take notice when a triangle forms, because it almost always resolves in a major price move.
A triangle is…
24Oct2008 | William Kurtz | 0 comments | ContinuedRicochet Romance
The Dow Industrials Index bounced hard off its January 22 low. The price bar of the Industrials’ Daily chart for that day shows a picture-perfect very large “Hammer” at the end of a long decline, which foretold a reversal of…
17Feb2008 | William Kurtz | 0 comments | ContinuedBroken Trends & Symmetrical Triangles?
A trick or two from the technical vault…
While I certainly appreciate a good fundamental overview of a particular stock to support a bullish or bearish argument, one cannot gain a greater understanding of timing mechanisms without honing in on the…
30Jan2008 | Stephen Oakes | 0 comments | ContinuedTrend Lines Part II
In a typical downtrend we see that the stock has broken through its support and begins a trend characterized by lower lows and lower highs. Note that when the stock will break this trend by making a higher high and…
23Jul2006 | Stephen Oakes | 0 comments | Continued
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