I have been stalking and trading the NASDAQ and its stocks for some time now but wrote my first dedicated write up on them back in September this year. I have been noting the key level for this index is the 4,800 level and price seems to be closing in on that level. The monthly candle closes at […]

Stock markets across Europe and the USA rallied on Friday following the announcement of stimulus measures from the ECB and China. Some stock indices have continued on from previous bullish breakouts but a few others, that have lagged until recently, now look like heading to test potential breakout levels. This article takes a look at these indices and […]

The broader Aussie market indices keep gravitating to the 61.8% fib of the 2007-2009 bear move. I thought I’d review some sectors within the market and see which ones are trading above their 61.8% fib or below. I also scanned these sectors for technically bullish stocks but only a few were worth mentioning. 

This is a follow up article to one I wrote last week on the NASDAQ. The index continues to push up towards a major resistance level at 4,800 and I’m on the lookout for any potential bullish ascending triangle breakout to follow in the steps of similar breakouts already executed on the S&P500 and DJIA.

I have put in order to sell the Nov 21 $22.50 Put Option on WGO. The stock has been consolidating in a bullish wedge for almost 12 months but this follows on from a previous bullish triangle breakout back in 2012. I have noted a TC buy signal on my daily charts and the stock […]