Using Volume for Financial Technical Analysis
I don't know if you've seen this...
All the information you get from the stock market every day in financial technical analysis charts...
Let's get right to the point...
The biggest and most serious problem with technical analysis is that after a while, it starts to show you exactly what YOU WANT TO SEE!
In quantitative studies, there is a thing called "Data Mining"...
Triangles
Continuation Patterns are patterns that show up in the middle of a trend at prices where the market settles down before moving in the same direction as the trend. There are a few main patterns of consolidation, and they all...
Under Armour, Inc. (UAI) started trading on November 18, 2005, at $31. The company that makes branded performance clothing is increasing its brand recognition by using cool brand promotion to try to get people who usually buy Nike to buy from...
If you haven't been living in a cocoon, you probably know that China is likely to become the next economic superpower in the world. In the past few years, the country's economy has grown at a rate close to 10 percent, and this isn't likely to...
Members of my stock market trading discussion group often ask me for my opinion on the technical analysis of stocks they are keeping an eye on. During our conversation, I found that there is one thing that both successful and unsuccessful traders...
Since September 2004, the S&P Retail Index has been stuck in a consolidation channel between 400 and 500, and it hasn't been able to move in either direction in a stable way. Since then, the monthly retail numbers have been mostly all over the...
The stock of Lucent Technologies Inc. (NYSE:LU) needs a lot of love. This used to be everyone's favourite on Wall Street, but now everyone has turned their backs on it. In late 1999, the stock was worth almost $80. Like many other stocks in the...
Flash media maker Lexar Media (LEXR) got a higher bid from Micron Technology to buy it on Friday (MU). The all-stock exchange offer is now around $10 per share, which is a small increase from the first bid.
But big shareholders, like Carl...
Blockbuster (BBI) is a great example of what can go wrong when you don't understand how an industry is changing and then try desperately to catch up. From late 2001 to early 2002, Blockbuster was the most popular place to rent videos. Its shares...