In an October 2017 update for FANG stocks, I reviewed how I thought the FANG stocks still had bite. For Facebook specifically, I discussed its sideways price action over the previous couple of months. I made the following comment in the article: FB’s Bearish Tower candlestick pattern developed after reaching […]
A couple months ago, the chart activity for SnapChat (SNAP) led me to calculate 2 downside price targets areas for SNAP’s share price. In the time since, Facebook (FB), a main competitor, has had a nice upside price run. Even Twitter (TWTR), a stock that has lagged in the sector, […]
General Electric (GE) reported earnings on October 20, 2017; its share price has been in a steady downtrend since. Let’s review some longer-term charts to see where support areas may be for this Halloween special GE stock chart review. My previous full-length update for General Electric can be quickly accessed […]
Please check the Idea Chamber today for some updates on stocks. It is easier for me to get out several updates this way. Please let me know if you want a follow-up chart for any stock or additional details for any of the posts….
A member request came through the member’s forum for a pattern update on the Goldman Sachs Group (GS). GS was actually one of the stocks I selected as one of my 2 favorites in a recent banking update. More on that update in a little bit. For now, let’s get […]
Semiconductor stocks and stocks related to the semiconductor industry have been on fire the last year. I have written about several of the stocks in this sector, including the likes of Advanced Micro Devices (AMD), Himax Technologies (HIMX) and nVidia Corporation (NVDA). Most recently I penned an article for ASML […]
With renewed talks from the POTUS regarding drug pricing, let’s review some charts for the biotech technology sector. Specifically, I am going to analyze the charts for the iShares NASDAQ Biotechnology ETF (IBB). Are the talks coming out of the White House going to slow down any potential rebounds for the […]
FANG Stocks This update will take a look at the 4 stocks collectively referred to as “FANG”. FANG stocks include the following companies: Facebook (FB) Amazon (AMZN) Netflix (NFLX) Google (GOOGL) Google has switched its name to Alphabet and now the whole acronym is just messed up. Time to make […]
Let’s check in on the progress of the NASDAQ Composite from its breakout from the Cup With Handle chart pattern. This review will stay focused shorter-term since I have discussed log-term upside price targets in the previous articles for the index. NASDAQ Composite This first chart for the NASDAQ Composite […]
The semiconductor industry and stock sector has been very hot the last 2 years. Advanced Micro Devices (AMD) is up over 600% in that time period. nVidia Corporation (NVDA) has returns exceeding 700% and Micron Technologies (MU), who seems to be the laggard at a 290% return. This update I […]