Bullish Candlestick Patterns in US stock charts (ORCL, CMCSA, SYMC)
Stock Charts US stock market gained 2% yesterday and bullish candlestick patterns appeared in several stock charts. Instead of scanning one after another, I created a custom indicator in NinjaTrader charting software which scans SP500 and Nasdaq stock graphs for a ...
Fan of ATI Graphic Cards but Investing in Nvidia (NVDA)
Stock Charts Although I always install ATI graphic cards in my custom-made desktop computers, my money is nowadays invested in Nvidia’s stock. I might have read tons of blog and forum posts regarding comparisons between the companies’ GPUs that made me decide ...
Is XEROX Going Up or Down? (XRX)
Stock Charts Moise Levi at Gicharts blog posted a post expecting a break below XRX stock support level on real bad news. His chart analysis shows lower highs, multiple fake moves and a key support level at around $9.50, which he believes won’t be strong enough to ...
Trading Greek Composite Index: April 2011
Stock Charts Predicting that Greek stock market will bounce off the Fibonacci level 3 days ago was verified by an important reversal candlestick pattern in the Greek composite index’ daily chart. Today the index opened with a gap indicating a strong reversal, while ...
Greek Stock Market Tests Fibonacci Level
Stock Charts The Composite Index of the Greek stock market is approaching today the 61.8% Fibonacci retracement level at 1,500 mark, providing an excellent entry point for the short term trader. Although the index is not trending upwards, there is a chance that we ...
Viohalco Stock: Trading inside a Channel
Stock Charts When I bought Viohalco’s shares 10 days ago, I expected Greek BIOX stock to continue trending sideways. Stock trading is all about buying low and selling high and for the time being I had just managed to buy low. It had been pretty clear that the stock’s ...
BP Oil Spill on the Weekly Stock Chart
Stock Charts BP oil spill has drifted the stock’s price from $80 to $27 the last 2 years. Important support levels gave way on the weekly stock chart and Fibonacci retracements pointed out key reversal points. Applying technical analysis at the BP stock charts could ...
Fibonacci Levels on Weekly CSCO Stock Chart
Stock Charts CSCO stock is down-trending since April but the 61.8% Fibonacci level shown at the weekly chart indicates a potential reversal signal. The Fibonacci retracement point is not the only buy signal though, as the volume spike on 11/11 could be considered ...
Breakout Setup for Friday’s DLR Stock
Stock Charts During the first hour of the US trading session, DLR stock provided a breakout setup in the 1-minute chart. The stock’s price moved from $48.50 to $47.50 in no more than 5 minutes, that would have meant $1,000 profit if you day traded the stock with ...
Short Selling BBY Stock Intraday after Breakout
Stock Charts During the US trading session today I am short selling quite a few stocks profitably, such as BBY stock which moved from $35 to $34.50 in less than half an hour. Fortunately I was able to profit from the whole decline, as I fired up the BBY stock charts ...


