Will Cato Corp replay flash breakdown?
Cato Corp (CATO:NYSE) this month flash broke down close to previous support at 23. This has helped morph the chart and give a new possible top formation. Breakdown line now…
Last twit for Twitter!
Breakdown in progress for Twitter (TWTR:NYE). A monthly candle close below 32.50 will give the next measured move applied to the breakdown line for a 15 target. Check the monthly…
Seeing the future with Oracle.
Oracle (ORCL:NYSE) is breaking down on the monthly candle chart. A monthly candle close below 38 will give a target of 31. The weekly candle chart show more of the…
Bigger and better descending channel for GM.
General Motors Company (GM:NYSE) is testing the lower boundaries of it's morphed descending channel. Check this previous post I wrote Feb 11. GM never had a monthly candle close above 38.…
Is it the end of line for Canadian Pacific Railway Limited?
Canadian Pacific Railway Limited (CP:NYSE) has been brought to my attention by a user request. Check out the monthly candle chart. Notice the HUGE +6 year base yielded an 8 months…
Weak link for LinkedIn?
LinkedIn (LNKD:NYSE) is testing it's ascending trend line (support) at 190. A break below it would bring forth a possible test of the more important horizontal support line of the +2…
Signapore not singing so sweet!
iShares MSCI Singapore Index (EWS:ARCA) is breaking down from a BIG 3 year top formation within a HUGE 5 year top formation. The target of the current breakdown coincides with the HUGE…
Top Formations & Oil & Gas Equipment & Services.
SPDR S&P Oil & Gas Equipment & Services (XES:ARCA) has broken down from a HUGE 6 year top formation. Target is 5. There is a WALL at the 2009 lows around…
Morphing with IBM.
Some time has pass since my post on IBM (IBM:NYSE), morphing has occurred. Check it out here. Also, here is my post covering the concept of "morphing". There is now…