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...
In my previous article for Starbucks (SBUX) titled “3/29/2017 – Starbucks (SBUX) Stock Chart Review“, I talked about a confluence of bullish candlestick patterns that developed on its weekly candlestick chart. This confluence of candlestick patterns provided a definite support area that provided for limited downside risk. Last week, SBUX...
This is a Financial Select Sector SPDR ETF (XLF) stock chart update, as requested by a Trendy Stock Charts member. Financial Select Sector SPDR ETF (XLF) Stock Chart Review This first chart is a 2 year weekly candlestick chart to help identify some support areas for the XLF using trendlines....
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