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…
Growing pains soon over for Agrium?
Agu is approaching it's breakout line of 115 (resistance) on the monthly candle 7 year chart. It's also in the midst of a HUGE 6 year ascending channel. The implied measured…
Potash is fertilized and ready to grow!
Potash Corp. might just of broken out on the monthly candle chart (6 years). The arrow is the implied measured move added to the breakout line at 45, bringing the…
The enemy of my enemy is my friend.
To get increased value of an A+ setup on your next forex trade, you can use crosses with a common currency to isolate the weakest. Let's look at eursek. Right now, there…
Taking another peek at Blackberry.
3 weeks ago, I had a look at the bbry charts and see what was up. Check out this previous post. Here is a small update. The monthly candle chart…