Technical Stock Market Analysis Archives - Page 10 of 10

Quick $FCX Trade Update

by Trent Smalley, CMT | Nov 25, 2016 | Stock Market Analysis, Stock Market Trends, Technical Stock Market Analysis

Back on November 15th I blogged about $FCX getting to $20: https://omahacharts.com/single-post/2016/11/15/Freeport-FCX-to-20-and-Beyond I was recently asked if it was too late to get into $FCX if you didn’t already have exposure as it has run up to above $16...

Fun With Technical Patterns (Pennants)

by Trent Smalley, CMT | Nov 22, 2016 | Stock Market Trends, Technical Stock Market Analysis

The $IBB Biotech Index is displaying a textbook Pennant pattern. These patterns begin with a straight line run up to the triangle pattern, formed by two converging trendlines. Price in these patterns most often slopes against the prevailing trend and can breakout in...

Biotechnology ETF $XBI and Market Sentiment

by Trent Smalley, CMT | Nov 16, 2016 | Stock Market Trends, Technical Stock Market Analysis

Years ago after switching from a fundamental approach to buying and selling stocks to a technical approach…