General Electric (GE) has been in a downtrend since mid 2016, that is, for the last 2 1/2 years and price has dropped from the $30 level down to near $8. The all time Low (since 1990) from my charts is $5.73 but, for now, price is holding above the historic Low range of $7.50. […]
Advanced Micro Devices Inc (AMD) is one of my favourite NASDAQ stocks to trade and it enjoyed a great swing high move from May to September of this year. The last few months have been rough going for the stock with price action pulling back quite significantly. However, I am on the lookout for any […]
Bellamy’s in an ASX infant formula and baby food stock that I traded quite successfully in its last swing High move. Price has been in pullback mode for much of this year but is back on my radar as it consolidates within a potential bullish-reversal descending wedge.
I’m recently back from a 5-week trip and slowly getting back into the swing of all things trading related. One of the more recent endeavors is applying TC to a stock charting platform and monitoring progress of short term trading in this field. Treasury Wine Estate, TWE, is one of my new favoured Aussie ASX […]
Tech stocks and the NASDAQ have been under some pressure over the last couple of months as the index struggles near its all time High and the psychological 8,000 level. A weekly support trend line has been broken and, in this post, I suggest levels on the index that technical traders should monitor over coming […]