Ford Motor Company has climbed quickly in the previous month. Overall auto sales are in rough shape and could be this way for a while. According to the technical indicators and the historics, the stock has a good chance of coming back down to Earth which is laid out here. Ford loves to flirt around the 11 mark. Will it head back to it once more? When we look at...
Chevron has climbed quick in the previous month. This could be due to hurricanes in the United States and/or OPEC manipulation. No matter the world and economic reasoning, the technicals have a response for this overexuberant movement; the stock will begin dropping soon. The history of this stock has been studied and the information is explained below. The...
JP Morgan Chase & Co recently achieved a double top pattern. This pattern is a significant technical signal that normally sends the stock down to a common level of support. The double top and other technical indicators are detailed below. JP Morgan Chase has been in a long term bull trend and will most likely continue after the stock drops. When we look at...
The last time the RSI moved down to 38.52, briefly moved up, but returned to 38.52 was near the end of 2015. The index dropped 9.75% from the close on December 18th of that year to the eventual bottom. A 10% correction occurred by the time the bottom was found from the its most recent high. We are more than aware this bull and rally is due to correct. Is it...
Although the Nasdaq 100 is the only index that did not drop below the lows seen last week, the 50 and 60 day moving averages have crossed each. Last time this cross occurred the index dropped around 3.75% and fell in line with a supporting trend line. a 3.75% drop this time is around the 5595 level, however a trend line is not near. The previous 50 day cross below...
NVDA has been trending down since before their earnings call. Even though the drop might not be significant, I am using trend lines and Fibonacci levels to determine a minimal drop. The most likely drop that conforms with the trends and Fib retracement levels is at least to 160.82. If it goes beneath this level and below the trendline, A more significant drop...
Applied Materials, Inc. has been dropping suddenly when the positive vortex indicator (discussed below) reaches its current level. This pattern has occurred seven times dating back to December 2015. It could be coincidence and/or it could be a great opportunity to haul in large gains with put options. The positive vortex indicator (VI) is at 1.2955 and the...
Costco has been in an overexuberant decline since news of the Amazon and Whole Foods merger. Fortunately, this decline in the stock has brought it in-line with recent support levels and should begin to move upward once again. The stock has been in a consistent bullish trend since 2010. The recent decline seems to be part of the natural cycle for Costco. This cycle...
Aetna Inc has been in a bullish trend since 2007-2008. It has been in a steeper, and narrower bullish trend for the past four months. On multiple occasions through the long bull trend, three of the technical indicators discussed below are at similar levels that they are at now. These instances have resulted in short-term losses for the stock. I have also conducted...
Dow Chemical has been in a bullish trend since 2009. It has been in a narrower bullish trend since January 2016. On a few occasions through this trend, three of the technical indicators discussed below are at similar levels that they are at now. These instances have resulted in short-term losses for the stock. I have also conducted further analysis based on other...
Johnson & Johnson has been in a bullish trend since 2009. On a few occasions through this trend, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in short-term losses for the stock. I have also conducted further analysis based on other historical information and readings that...
Marsh & McLennan Companies has been in a bullish trend since 2009. It has been on a quicker and narrower bull trend since the beginning of 2016. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in short-term losses for the stock. I have laid...
Foot Locker Incorporated has been in a bullishtrend since 2008. It has however, been moving downward since its most recent earnings call. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or lower levels, than they are now. These instances have resulted in nice short-term gains for the stock. I have laid out...
Tesoro Corporation has been in a relatively bullish trend since 2016. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in short-term losses for the stock. I have laid out the reasons and levels to which the stock may drop while it most...
Las Vegas Sands Corporation has been in a bullish trend since 2015 and a tighter bullish trend since the beginning of 2017. On multiple occasions through 2015 bull, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in short-term losses for the stock. I have laid out the reasons and...
Chicago Bridge & Iron Company has been in a long bearish trend since 2014. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or lower levels, than they are now. These instances have resulted in nice short-term gains for the stock. I have laid out the reasons and levels to which the stock may gain while it...
Annaly Capital Management has been in a long bearish trend since 2008. On multiple occasions through this trend, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in losses for the stock. I have laid out the reasons and levels to which the stock may drop while it most likely...
Dicks Sporting Goods has been on a bull run since November 2008. On multiple occasions through this bull, three of the technical indicators discussed below are at the same or lower levels, that they are now. These instances are resulted in gains for the stock. I have laid out the reasons and levels to which the stock may rise while it most likely ends is recent...