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61.8% Retracement Line

3/7/2017 – Delta Airlines (DAL) Stock Chart Review

3/7/2017 – Delta Airlines (DAL) Stock Chart Review

Mar 7, 2017

Delta Airlines (DAL) Well, Delta Airlines (DAL) share price had a big move yesterday, a day after a member request came through in the Idea Chamber. I don’t recall exactly, but I think DAL’s big downwards move yesterday came after the company issued words of caution regarding margin pressure, or...

3/2/2017 – Palo Alto Networks (PANW) Post-Earnings Analysis

3/2/2017 – Palo Alto Networks (PANW) Post-Earnings Analysis

Mar 2, 2017

Palo Alto Networks (PANW) Post-Earnings Analysis Here is a Palo Alto Networks (PANW) Post-Earnings Analysis. This update includes a couple of charts to analyze and think about after Palo Alto Networks (PANW) reported their earnings and their sliced through the $140 support area that I mentioned to watch for. Palo...

2/25/2017 – Exxon Mobil (XOM) & Lower for Longer

2/25/2017 – Exxon Mobil (XOM) & Lower for Longer

Feb 26, 2017

“Lower for longer”….that has been the oil mantra that has been in place ever since the “black gold, Texas tea” liquid was under the $30 per barrel mark. Sorry for the Beverly Hillbilly’s reference, but I just couldn’t help myself. Since then oil has rebounded, almost doubling off its lows....

12/10/2016 – Gilead Sciences (GILD)

12/10/2016 – Gilead Sciences (GILD)

Dec 10, 2016

I posted a weekly chart for Gilead Sciences (GILD) in the Idea Chamber a couple of days ago. I mentioned that it appeared to be forming a complex Double Zig-Zag wave pattern. I say complex because it is one of the tougher patterns to identify in a real-time situation. However,...

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