Xerox fresh out of copies? Maybe not!
Xerox broke out of a 5 year base back in early 2014. The target is 18. Check out the monthly candle chart. A closer look at the weekly candle 5…
No man’s land for Yahoo Inc.
There is a huge bottom formation for Yahoo. It broke out in late 2014 after having run into resistance in late 2013. Check out the monthly candle chart (10 years).…
Is Caterpillar digging itself a hole?
Caterpillar is testing a top formations support line (breakdown line). Check out the monthly candle chart with 10 years of data. That is a 4 year top formation. The arrows indicate…
Cooking period for Microsoft Corp.?
Here is the action for Microsoft for the past 10 years. After a 5 year bottom formation, the stock broke out in early 2013 and has been on a bull…
Corning Inc. breaking out!
Breaking out after a retrace from a previous failed attempt at breaking the resistance line. Check the monthly candle chart with 10 years of data. The arrow is the measured move…
Something is UP with Pfizer?
Check out this huge multiple year base with launching formation (+1.5 years) on the monthly candle chart. The arrows are the targets. The weekly candle chart (5 years) helps us…
How to quiet the noisiest chart.
I was scanning some charts this morning, and fell on the Volatility Index. That is one noisy chart. First. go check out this previous post on how to reduce noise.…
Emerging Markets, not emerging anymore?
ISHARES MSCI Emerging Market ticker EEM is drawing out a 3 year consolidation rectangle. The monthly candle 10 year chart shows this top formation. The arrows indicate he measured move,…
Euro VS Yen. Round 1, Fight!
A 1 year top formation has been breached for the eurjpy currency pair. The implied measured move from this breakdown is shown with arrows on the monthly candle 10 year…