What is on the horizon for Verizon?
Verizon Communications Inc. (VZ:NYSE) has been consolidating for +2 years. This could end up being a top formation OR a continuation pattern. I have arrows marked for either case. Check…
Guggenheim Solar going to get a good TAN!
Guggenheim Solar (TAN:ARCA) has been consolidating nicely in a BIG +3 years base. Check out the monthly candle chart. The 5 year weekly candle chart shows the implied measured move…
What is next for Canadian Natural Resources Limited?
Canadian Natural Resources Limited (CNQ:NYSE) is carving itself a HUGE top formation. Check out the 8 year monthly candle chart. A recent bounce off the breakdown line (support) at 26.…
Using Exxon Mobil Corporation to demonstrate “chart morphing”.
Exxon (XOM:NYSE) has morphed from a bullish scenario to a bearish one. A failed move towards target even after a confirmed breakout is always possible. That is why I have…
Japan Small Cap breaking out!
Enter SPDR Russell/Nomura Small Cap Japan (JSC:NYSEArca). The breakout line at 53 is being breached. Check out the monthly candle chart. The 5 year weekly candle chart clearly shows the consolidation…
Electronic Arts… it’s in the game!
Electronic Arts Inc. (EA:NASDAQ) is fast approaching some historical 10 year resistance at the 61 level. There was a BIG +5 year base that broke out in early 2014 which…
Hitting a wall with Walmart!
Walmart (WMT:NYSE) might of hit it's top just a few months ago. A falling wedge classical chart pattern is presently in the works. Check out the 10 year monthly candle…
Round 3 for Blackberry.
This is my third post on Blackberry (BBRY:NASDAQ). Click here to see the first, and here for the second. We never got the confirmed breakout above 11.70. The charts are morphing over time.…
Breakout for S&P China ETF.
SPDR S&P China ETF is on the verge of a confirmed breakout. Need a monthly close above 84 to confirm the implied measured move added to the breakout line (resistance).…