Category: Company Chart Analysis
The analysis published under this category are as follows.
Wednesday, April 21, 2010
Double Top for Goldman Sach's Stock / Companies / Company Chart Analysis
By: Mike_Paulenoff
We discussed the near- and medium-term chart work on Goldman Sachs (NYSE: GS) during last evening's live Webinar. In a nutshell, GS has carved out a potentially lethal Double Top formation between last Oct. (193.60) and last week (186.41), with the critical breakdown plateau at 150-147.80. Should GS violate and sustain beneath the support plateau, the measured downside target is 110-100.
Read full article... Read full article...
Wednesday, April 14, 2010
Ford Hurdles Key Resistance Level / Companies / Company Chart Analysis
By: Mike_Paulenoff
Today's strength in Ford (F) has hurdled key near-term resistance at 12.95, which triggered additional buying (short covering too?) that has propelled the stock to an intraday high at 13.30 so far. To the extent that F can hold and extend its early gains, my next immediate target is 13.45/55.
Read full article... Read full article...
Wednesday, April 14, 2010
New UpMove for Halliburton / Companies / Company Chart Analysis
By: Mike_Paulenoff
Within the larger Jan-Apr coil pattern that we discussed yesterday in Halliburton (HAL), let's have a look at the hourly chart from the most recent pivot low (within the coil) at 29.25 from Mar 26. The weight of my technical work is telling me to regard the upmove from Mar 26 at 29.25 to the Apr 6 high at 32.43 as the start of a new upleg that should revisit the Jan high at 34.87. All of the action in HAL since the 32.43 high represents a sideways consolidation that is digesting the 11% upmove.
Read full article... Read full article...
Tuesday, March 30, 2010
Eye on Apple, AAPL / Companies / Company Chart Analysis
By: Mike_Paulenoff
The good news just keeps getting better for Apple (AAPL), as investors and consumers prepare for the release of the iPad (Apr. 12th?). In addition, according to the press, the company intends to build a new iphone that will accommodate other wireless carriers like VZ, and S, which will increase the iPhone's appeal tremendously, and also has increased interest in the entire wireless space. As for AAPL technicals, well... all roads NOW point to 244-248 as the next target zone.
Read full article... Read full article...
Friday, March 26, 2010
Swoosh goes Nike, NKE / Companies / Company Chart Analysis
By: INO
In today's short video, we take a look at Nike and project what we see in the future for this market.
As you know, we've discussed energy fields in the past and just how important they are to markets and Nike is no different. There is a huge energy field under this market capable of carrying it much, much higher. In the video I discuss a specific target zone for this stock.
Read full article... Read full article...
Monday, March 22, 2010
Three Stocks Trend Change Chart Patterns To Profit From / Companies / Company Chart Analysis
By: David_Grandey
Eventually all trends change. If you are short at a market low you need to know when to cover and get out. Likewise if you are long at a market high, here too you need to know when to get out. This is where Change In Trends patterns come into play.
Thursday, March 18, 2010
What Do I Need To See To Make Me Take A Stock Trade? / Companies / Company Chart Analysis
By: David_Grandey
The only pattern you'll ever need to know in uptrending markets is commonly referred to as a Pullback Off Highs (POH). And sure enough with the recent vertical leap to nosebleed levels we've seen in the indexes a bunch of names took off out like rockets.
All of those same names got away from those low risk entry points very fast leaving any trades taken now being of higher risk entries due to being away from those prime entry points that we use to manage risk from a technical perspective.
Read full article... Read full article...
Friday, March 12, 2010
How To Safely Buy CLNE / Companies / Company Chart Analysis
By: David_Grandey
Yesterday CLNE broke out on an earnings related news release. Blink your eye and you missed it. So now what? Do we do what the master TV herder says we should do and that is just blindly buy buy buy? Or should we do what we here at All About Trends preach all the time and that is to NOT CHASE BUSES and let them come to us.
Read full article... Read full article...
Friday, March 05, 2010
Bristol-Myers Squibb Company BMY Thrust Off Neckline / Companies / Company Chart Analysis
By: Mike_Paulenoff
Bristol-Myers Squibb Company (BMY) continues to act extremely well technically. Below is what I wrote three weeks ago, with BMY at 24.61. The big picture analysis remains unchanged, and this week's positive action -- especially today's surge from 24.45 to 25.30 -- argues strongly that the price structure has started the thrust off of the neckline retest (Jan low at 23.49). If such a scenario proves accurate, then BMY should be heading for 26.00-26.60 directly from here.
Read full article... Read full article...
Tuesday, February 23, 2010
Final Dip for Ford Ahead of Expected Rally / Companies / Company Chart Analysis
By: Mike_Paulenoff
The coil pattern that is enticing me on the long side of Ford (F) has the right look of completion ahead of a powerful thrust to the upside that should propel F above the Jan high at 12.14 towards 13.50-14.00 and possibly to 15.00 thereafter based on my medium and longer-term work.
Read full article... Read full article...
Monday, February 22, 2010
As Ford Goes, So Goes the Economy, Too Bad Ford Is So Heavily Indebted, No? / Companies / Company Chart Analysis
By: Captain_Hook
Just as I begin writing this we get the headline China is raising reserve requirements at its banks and equity futures, including gold, fall out of bed. Why is this? Well, for one thing, and besides the fact it appears Chinese officials intend to manage monetary policy in a vacuum, Bloomberg headlines also read 50% of commercial space in Beijing is vacant, with more of the same expected for additional buildings still under construction.
Sunday, February 14, 2010
Jim Cramer Gets a Stock Pick Right, Sort of / Stock-Markets / Company Chart Analysis
By: INO
It's no secret that we've been socked with snow this past week. During that time, I was flipping through channels and came across Jim Cramer's show Mad Money. I've said this before, Jim is a great entertainer. I am not so sure how good he is at picking stocks.
Read full article... Read full article...
Wednesday, February 03, 2010
Cautious on Cisco / Companies / Company Chart Analysis
By: Mike_Paulenoff
Into the final portion of today's session, let's remember that Cisco (CSCO) releases earnings after the close of trading, which could have an impact on overall market direction before as well as after the closing bell. Usually, The Street reacts significantly to CSCO's results and to its conference call (John Chambers outlook). What if anything does the enclosed daily chart tell us about the potential reaction to CSCO earnings?
Monday, February 01, 2010
Technical Trading Charts for EWZ, UUP, SMH, BAC and WFC / Companies / Company Chart Analysis
By: Mike_Paulenoff
This week we analyze four key market segments -- Brazil via its the
iShares MSCI Brazil Index ETF (EWZ), the semiconductor sector via the
Semiconductor HLDRs (SMH), the dollar via the PowerShares Dollar Bullish ETF
(UUP), and financials via Bank of America (BAC) and Wells Fargo (WFC). Each
write-up is accompanied by a link to Mike's video chart analysis.
Sunday, January 31, 2010
AAPL Update - Steve Jobs, Apple, the iPad, and King Gillette / Companies / Company Chart Analysis
By: INO
On Wednesday, after much hype and drama, Steve Jobs walked onstage and unveiled Apple's latest creation - the iPad. Having watched almost every key address for Apple for many years I, like many others, were disappointed that the product didn't live up to the hype. Nonetheless, Apple will sell a boatload of these products, but not as many as the iPhone.
Thursday, January 28, 2010
Short Semiconductor SSG ETF on the Move / Companies / Company Chart Analysis
By: Mike_Paulenoff
The UltraShort Semiconductor ProShares ETF (NYSE: SSG) has rocketed to the upside after today’s early weakness, and is set to put in a key upside reversal day. If at today’s close the SSG is above 20.71, the key reversal will be satisfied, which likely will coincide with the start of a new upleg that projects to 23.20. Beyond the reversal, let’s also notice that today’s lift-off occurred from the 50 DMA, which adds a bit of muscle to the upmove.
Read full article... Read full article...
Friday, January 22, 2010
PALM Pullback Complete? / Companies / Company Chart Analysis
By: Mike_Paulenoff
Palm (Nasdaq: PALM)’s violation of near-term support this morning at 12.40 triggered minor downside follow-through to 12.35 prior to a sharp rally to 12.93. The lack of downside extension beneath 12.40 followed by the sharp rally indicates to me that the stock has completed a significant near-term pullback off of the 1/19 high at 14.17.
Read full article... Read full article...
Wednesday, January 13, 2010
Watching Critical Support on Google / Companies / Company Chart Analysis
By: Mike_Paulenoff
This morning, Google (Nasdaq: GOOG), a major component of the Nasdaq 100, hit a corrective low of 573.90 off of its Jan 4 high at 629.51, prior to turning up for a rally into the 583-85 area. What is important technically is that GOOG pivoted to the upside from within 1% of its major up trendline from the March 2009 low, which cuts across the price axis at approximately 570.00. Let’s notice that the recent (yesterday) low at 45.43 came within around 40 cents, or 1%, of its Mar-Jan up trendline as well.
Read full article... Read full article...
Friday, January 08, 2010
New Recovery High for Caterpillar CAT / Companies / Company Chart Analysis
By: Mike_Paulenoff
Caterpillar (NYSE: CAT) just hit a new recovery high of 60.00 off of its Dec low at 55.40 and appears poised to continue higher to confront the Oct-Jan resistance line at 60.40 next. The resistance line is the next challenge for the bulls as they look to thrust CAT out of a three-month, high-level consolidation period, which projects upside continuation to 64.00-65.00 next. At this juncture, only a decline that breaks and sustains beneath 58.50 will delay the timing of the anticipated upside breakout.
Read full article... Read full article...
Monday, January 04, 2010
New Upleg for General Electric GE / Companies / Company Chart Analysis
By: Mike_Paulenoff
My work continues to indicate that all of the action in General Electric (GE) off of its 12/04 high at 16.49 into Thursday’s low at 15.09 represents a correction of the prior advance from 14.15 (11/4) to 16.49 (12/4). Today’s powerful advance argues strongly that the corrective period is over and that GE has pivoted into a new upleg, which if accurate means that 1) the stock should head for a retest of 16.49 on the way to 18.00 and 2) that prices should NOT break below 15.09 again anytime soon.
Read full article... Read full article...