Posts Tagged by stock market patterns
Market Continues to be Choppy
| July 31, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Friday saw aggresive moves, as the market opened lower and rallied furiously…only to finish the day basically unchanged. The lows of the day came very near the short-term upward trendline, showing there is still support above 1070, as the S&P 500 hit a low around 1088. The trendline crosses currently at 1086. The stifled rally…
Learn this Chart Pattern from AKAM
| July 30, 2010 | Posted by admin under Day Trading Ideas, Intro to Trading, Stock Market Analysis, Swing Trading Ideas |
This stock looks lower based on a classical technical pattern This is the first time I have looked at this particular stock and it appears to chart beautifully. The stock I am referring to and analyzing today is Akamai Technologies Inc. The symbol for this stock is AKAM and it is traded on the NASDAQ.…
Is the Stock Market Really Going Higher???
| July 25, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
It appears that the offer pulling may be working as this market once again breaks above resistance on falling average volume. On Friday the S&P 500 broke above 1100 signaling another potential wave higher. A large triangle was broken by Friday’s move, as well as the downward trendline extending down since late April. Given that…
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