by Trent Smalley, CMT | Dec 16, 2019 | Stock Market Trends, Uncategorized
Over the past couple of months we have seen biotechnology stocks take turns breaking out, oftentimes in a big way. As early as three months ago I began seeing this group as a whole setup in a bullish fashion. I highlighted this both on Twitter as well as in “The...
by Trent Smalley, CMT | Oct 10, 2018 | Investing, Stock Market Commentary
Carnage. Pain. Blood in the streets. Whatever you want to call it, equity markets are taking it on the chin, as am I. We can’t be certain where the sell off stops, but one of the most prudent things we can do on days like today is look for areas of relative...
by Trent Smalley, CMT | Aug 30, 2018 | Stock Market Analysis
Bluebird Biotech has confirmed a breakout from its recent falling wedge pattern, and should provide for more opportunity to profit from the long side. Just for practice on how measured move analysis works, we can use $BLUE as an example: It is safe to say now, that...
by Trent Smalley, CMT | Aug 9, 2018 | Uncategorized
Every so often, the market presents us with a textbook setup which adheres to and fulfills all technical rules of a particular price pattern. I screenshot these setups and add them to a folder as reference material to review later. If you follow me on Twitter, you...
by Trent Smalley, CMT | Jun 22, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, Technical Stock Market Analysis
If you have been paying any attention to the U.S. Stock Market recently, you have seen the major rotation into Biotechnology stocks. Interest in the group may be correlated to the Obamacare repeal vote, but one chart in particular was all I needed to know that this...
