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...
International Business Machines (IBM) Stock Chart Analysis This article is an International Business Machines (IBM) stock chart review and analysis. IBM is sometimes referred to as “Big Blue”, but I forget how the nickname came about. IBM’s crowing achievement may have just doomed society. IBM developed Watson, a form of...
Delta Airlines (DAL) Stock Chart Follow-Up This Delta Airlines (DAL) stock chart update will review the price action for DAL’s share price as it progresses towards some of its price targets. For a refresher on the price targets I established, take a moment and go back to read the previous...
Tesla (TSLA) Tesla’s Model S Electric Car The car company Tesla (TSLA) is more like a cult than a car company. Its fan base can be compared with that of Apple (AAPL). Both companies have a very loyal following. The same can be said about their stock. However, there is...
Apple (AAPL) reached the lower price target range that was established in this previous update: Apple (AAPL) 10/28/2016 – Post-Earnings Analysis That lower price target I mentioned was looking for Apple to correct to was the 200 Day moving average. I said “do not be surprised to see Apple re-test...
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