An astute TSC member asked if Amazon was forming a Head & Shoulders chart pattern. A Head & Shoulders chart pattern is a bearish chart pattern that usually ends up in a nasty sell-off. The pattern has 2 shoulders and a head in the middle. Here is an illustration of […]
A TSC member request came through Sirius XM Holdings (SIRI). Specifically on SIRI & its $5.50 pivot area I mentioned in the Idea Chamber. I stated the this $5.50 area was an important area to monitor. A stocks share price tends to use pivot areas to gauge supply and demand. […]
A TSC member request came through for an update on the breakout for I Am Gold (IAG). So let’s dive right into the charts! I Am Gold Breakout Update This first chart for I Am Gold breakout update is a 3 year weekly candlestick chart. I’ve placed 3 different colored […]
A TSC member request came through for an update on Apple (AAPL). My previous update was written right before Apple’s latest earnings report and was titled “7/21/2017 – Apple (AAPL) & Its Upcoming Earnings“. Since that update, there have been some warning signals for Apple’s uptrend that have developed. In […]
A Trendy Stock Charts member requested last week that I take another look at some bank stocks. The member also requested that I pick my favorite bank stock of the group. At first, I was not aware of the monumental task I created for myself. I figured that the pool […]
If you have ever seen a commercial for Energizer Batteries, it most likely included a pink rabbit. The rabbit uses Energizer Batteries for its power supply. It uses the power to keep beating a drum as the commercial voice-over states “Energizer batteries keep going, and going, and going…..it kind of […]
Over the years, I am sure that many of you have heard Microsoft (MSFT) called by its nickname “Mister Softy”. The stock charts for Microsoft have been anything but soft though. At the end of August 2017, its share price made a new all-time high. I had a request come […]
I know I’ve complained about this before, but it’s been a while so let me get on my soapbox again. Starbucks (SBUX) needs to up the average temperature of their hot coffee drinks. When I order a coffee specialty drink, I do not feel as if I should have to […]
If there are any TSC members affected by the recent weather disasters, please stay safe! I know there is a member in Texas and also in Florida. I hope they were able to avert any disasters on their homestead. Prayers be with you. I heard the President of the United […]
First off, if you own shares of grocery stores or similar type stocks, those holdings have most likely seen a significant decrease in value in the last couple of weeks alone. Kroger (KR) is one of the grocers that has been affected in this decrease Ever since Amazon (AMZN) announced […]
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