Charts
Chart pattern, indicators, drawing, etc
Stock Charts: Gap-down and Potential Top-Out
January 15, 2021, 10:31 am EST Gap-down and Potential Top-Out All indexes are down about -1% with DJIA declines -300 points. It is not a good sign after hovering at the top for 6 days. In fact, the bu...
Stock Charts: Where is the Volume ?
January 9, 2021, 10:28 am EST Where is the Volume ? Higher volume means higher momentum. When you go shopping and you see a lot of crowds there, you know there must be something exciting, either hot p...
Stock Chart: Intraday Reversal and Breakdown
January 4, 2021, 12:51 pm EST Intraday Reversal and Breakdown Stock markets opened with a new high record high but it did not last very long. Markets quickly turned direction to the downside with all ...
Stock Charts: Staging Breakout and Uptrend – Mosaic (MOS)
December 31, 2020, 1:19 pm EST Staging Breakout and Uptrend – Mosaic (MOS) Staging breakout is one of the most predictable patterns for sustainable uptrend. It could generate multiple entry poin...
Stock Chart: 2020 Year End Rally
December 30, 2020, 10:21 am EST 2020 Year End Rally Stock market squeezed its power for the last few trading days of 2020 to a new high zone. New highs always mean bullish but it is also important to ...
Stock Charts: Breakdown From Rising Wedge Pattern
December 21, 2020, 10:21 am EST Breakdown From Rising Wedge Pattern Stock markets made another rally about +15% gain for major indexes (ex: DIA from 264 to 304) in less than two month period (November...
Stock Chart: MACD Bearish Cross Signal
December 14, 2020, 7:27 pm EST MACD Bearish Cross Signal There are hundreds of technical indicators for technical (or chart) analysis for the stock markets. Moving average convergence divergence (MAC...
Stock Chart: Overbought Pullback
December 11, 2020, 12:21 pm EST Overbought Pullback It is important to use technical analysis to gauge the status of current market conditions. Stock market has its own rhythms for going up and down s...
Stock Chart: Rectangle Base Breakout (SPOT)
December 7, 2020, 10:02 am EST Rectangle Base Breakout: SPOT When thinking about buying a stock, it would be reasonable to get in as early as possible from its starting point of its potential uptrend....