This is a Trendy Stock Charts quick hits article. The purpose of a quick hits article is to really take a peek and check on the progress of a previous analysis for the stock. This quick hits update will cover the ticker symbols GOOGL & MU. Those ticker symbols are...
In my last update for oil giant Exxon Mobil (XOM), I discussed my theory on why I thought oil prices were going to be “lower for longer”. That article can be accessed here: “2/25/2017 – Exxon Mobil (XOM) & Lower for Longer” In that previous update, I identified a pivot...
Bank of America (BAC) Stock Chart Review My last Bank of America (BAC) stock chart article was back in February 2017. In that quick hits update, I mentioned that BAC’s share price appeared to be developing into an Ascending Triangle correction pattern. That update was a few months back and...
This update will look at some the recent attempts Facebook (FB) has made to close its overhead resistance area. The resistance area is from a Falling Window candlestick pattern that developed the first full day of trading after FB reported earnings. I want to try and analyze FB’s attempts to...
The iShares NASDAQ Biotechnology Index Fund (IBB) had one of its largest percentage gains in history. This came immediately after the election results. This huge gap-up of over 8% developed at the possible beginning of a new uptrend. One thing Trendy Stock Chart members have witnessed first-hand – the financial...
With aspirations to take over the world, Jeff Bezos has built Amazon (AMZN) into a true retail giant. I do not understand why Jeff needs to own the Washington Post too though. It sort of reminds me of an old James Bond movie where the villain simply controlled the media...
Happy Halloween fellow Trendy Stock Charts members! Halloween is one of my favorite holidays of the year. And there is no better time than with the scary backdrop to analyze the recent chart activity for the NASDAQ Composite (COMP). Halloween 2016 does seem to be scarier in the market when...
A lot of stocks in the Nasdaq iShares Biotechnology Fund have been under pressure lately. I almost feel as if the sector has been pricing in a Hillary Clinton victory. I am not here to discuss politics though. I discuss stock charts and make bad jokes with really dry humor....
I was asked several months ago about Micron (MU) and its ability to double in value. A Trendy Stock Charts member received the recommendation from their broker and wanted to see what technical analysis thought. I wrote a very positive article stating that the possibility of a double in the...
Last time I wrote about Nike & Under Armour, both of them were in downtrends. I thought it might be good to compare the charts for these two similar retailers. Rather than looking at a singular stock, I sometimes find it helpful to compare charts for similar companies and see...
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