Most traders neglect to look at the big-picture thus only focusing on the daily fluctuations, and the problem with that is, they tend to let their emotions get in the way and not able to forecast the market accurately. I am not saying to forget about the da...
REVERSALS
Since 2009, there have been several occurrences where the price stayed/dipped below the rising "200SMA" as I have annotated with the blue boxes as below. We can see that these occurrences were bottoming price-action, not crash signals, as the marke...
Related Articles: Part 1 | Part 2 | Part 3 | Part 5 | Part 6
Historical Perspective (Monthly-Charts)
Since late-2014, we've been involved with Boston Scientific (BSX) as one of our long-term strategy positions.
As you can see the chart from the ...
DAILY
Falling channel since Feb of this year
Broken below the channel in late October
It recovered and back inside the channel last few weeks
Island bottom reversal
Island bottom occurred during the fake break down (bear trap) = reversal ...
Also seen on Investing.com
"Old resistance becomes new support" is probably one of the most basic idea of technical analysis, but it's one of the most potent form of gauging the market movement if we understand where to look. In this article, I want to...
Last Update: 12/4/2018
(follow me @2kaykim for the future updates)
11/4/2018
I've decided to add more CALLS at 253.03 (below chart is screened on Thursday when I was adding. As of last Friday DIA is at 252.46) while holding all of my remaining CALLS. ...
Braking Out
Despite of the "shenanigan" move back in late August, General Mills (GIS) still looking solid for the rest of the year and next year.
Looking at the longer term perspective on the weekly-chart below, we can see that the uptrend has not been broke...
Market Commentary & Forecast
PHLX Semiconductor Sector
S&P 500 Index
Dow Jones Industrial Average
NASDAQ Composite Index
Russelll 2000
Apple
Tesla
Google
Netflix
Amazon
Last video on Semiconductor
/...