Breakout for Novavax, Inc
Biotech Novavax Inc. getting some attention recently. What is getting my attention is that this chart is breaking out of a HUGE +8 year base. Check the monthly candle 10 year…
Cisco Heat!
Here goes Cisco on a new bullish adventure. HUGE 7 year base formation is currently breaking out of. Check the monthly candle 10 year chart. The arrows are the implied…
Oil still on a slippery slope.
Here is the IPATH S&P GSCI CRUDE OIL monthly candle +6 year chart. Since the HUGE +6 year consolidation rectangle was broken in late 2014, the price action has been slipping along towards the implied…
A peek at silver.
Peeking at xagusd, or silver expressed in usd. The monthly candle chart (+4 years) shows the price action for the past +3 years is in a descending channel. The weekly candle chart has…
Angie’s List going to heaven?
Nice +1 year falling wedge (reversal pattern) ongoing for angi. Check out the monthly candle chart below. The arrow is the implied move for a completed falling wedge classical chart pattern.…
My dog named Russell. Fetch!
The ISHARES Russell 2000 ETF (ticker iwm) is ready to go fetch a higher price! Also a great example of longer and shorter term patterns that when resolved have coinciding price targets.…
What is the next move for EURAUD?
Checking in on the Euro versus Aussie currency pair. Right now, seems to be in the middle of a consolidation pattern. Here is the 10 year monthly candle chart. Two…
Power in the Nasdaq 100!
QQQ has been on a rampage since those early 2009 lows. Check the monthly candle 10 year chart. A small 4 month consolidation pattern is being resolved. For a small…
Monthly payment due for American Express.
Axp is currently carving out a +1 year top consolidation pattern on the monthly candle 10 year chart. I have the breakdown line at the 71 mark. The implied measured…