Citigroup gonna be a big boy soon!
Citigroup Inc. is aiming to get back in big boy area. After a fall from heaven back in late 2007, it has been consolidating for the past +6 years in a…
Reset in progress for CommVault Systems Inc.
Wow. After a breakout in early 2011 around the 30 level, cvlt might be on a reset trip back to that level after hitting highs 3x as much. Here is the…
Ambarella doesn’t need an umbrella!
Here is the monthly candle chart (+2 years) for amba. We can see the previous consolidation rectangle breakout and reach the implied measured move applied to it's breakout line. Now…
Micron going micro?
Is Micron Technology about to go micro on us? A +7 months top formation in progress. I have two possible scenarios for mu, but right now we are closest to the…
Testing resistance with Splunk!
The February monthly candle closed smack on the breakout line for splk. Will need to wait for next month's close before confirming a bullish breakout. I have the line at the…
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…