A which-way book told by AUDJPY.
Not to confuse you, but there are always a possible bear AND bull breakout scenario for an ongoing classical chart pattern. Enter Australia versus Japan. The closest breakout possible would…
BIG consolidation in progress for China!
After reading JC Parets last post on FXI, I couldn't help but notice that rising wedge formation. First off, lets look at the 10 year monthly candle chart. I'm seeing…
Got Gemalto?
Here is one for my friends in France. Fell on this +5 year chart with monthly candles for Gemalto NV (GTO.PA). That is one top formation testing it's breakdown line (support).…
Taking a bite on Apple.
I decided to take a look and see what's up with AAPL. Let's start with the reliable monthly candle 10 year chart. What sticks out is that HUGE ascending channel.…
All you need is a little patience.
Boredom makes for your patience reservoir to dwindle. Stay occupied, how? Look at any graph you can trade. If you look just at one (or too few), you'll get emotionally…
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…