The weekly chart of HACK – ETF tracking cyber security companies shows a bullish situation. The index value made a regular pullback after previous breakout. It is in good buying position right now. Trading Tip: Ways to analyse Dow Jones index chart The Dow Jones index is very popular. Grab ideas how to study […]
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MRVL steady uptrend
The daily chart of MRVL shows clear uptrend. Well defined uptrend line provides support. Any pullback to this line can prepare new buying opportunity with great risk reward ratio. Trading Tip: Improve and create the best stock trading system Check these tips that can improve your trading system. Picks from Richard’s Trading Club Bullish […]
Continue readingSteel company chart shows bullishness
The weekly chart of X – United States Steel Corp – presents a bullish situation. It spent several weeks in a pullback. But last days of price action and hammer candlestick on the weekly chart signal possible bounce up again. Trading Tip: What to avoid when swing trading stocks Check these tips that […]
Continue readingNewsletter – Pharma ETF Bearish
Pharmaceutical companies are out of favor now. PPH, an ETF tracking these stocks, keeps moving in bearish chart pattern. The price develops this pattern after a breakdown of strong support. This price action indicates further weakness ahead. This bearish chart pattern offers a profitable bearish strategy. Trading Tip: Three reasons why to look for […]
Continue readingStock picks for Jul 12th
Hi, here is actual pick from my watchlist for this week. BID forms a bearish chart pattern. A breakdown below this pattern can be a shortsell opportunity.
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