Saturday, March 24, 2007

Recap of Public Service Enterprise Group Inc (PEG)

Chart Pattern of Public Service Enterprise Group Inc (PEG) continues to show Bullishness. Too late to catch the train, perhaps? For me, the only concern I have with the bullishness shown is the low volume as its PRICE advances higher & higher.

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Research In Motion Ltd (RIMM)

Chart Pattern of Research In Motion Ltd (RIMM) looks interesting. Will we see a Bullish Breakout, or a Bearish Breakdown ?

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Thursday, March 22, 2007

Recap of FEDEX (FDX) Chart Pattern


With the strong showing in the markets after the FOMC decision, FEDEX (FDX) failed to join the party and instead closed below the UpTrend Line, and with high volume. This time, the Trend Line break could be for real.

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Wednesday, March 21, 2007

FEDEX (FDX) Breaking Below The Uptrend Line, Again?

Chart Pattern of FEDEX (FDX) shows PRICE breaking below the Uptrend Line, again. A false one perhaps? Again? Or is this time for real?

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Monday, March 19, 2007

Public Service Enterprise Group Inc. (PEG)



Chart Pattern of Public Service Enterprise Group Inc. (PEG).
Would one still be bullish with the above pattern?

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InterContinental Exchange, Inc (ICE)


Chart Pattern of InterContinental Exchange, Inc. (ICE).
A challenge of the Uptrend line. Will it bounce higher from here?

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Tuesday, March 13, 2007

Equifax (EFX) Breaking Down From Chart Pattern Formation

Chart Pattern of Equifax (EFX) shows a breakdown from the Chart Pattern formed. PRICE broke through 2 levels of support (shown as Arrows 1 & 2). Question here is whether one should take an immediate bearish stance now, or choose to do so only later, upon a pullback in PRICE to the resistance level of $39.00...

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Monday, March 12, 2007

Boeing Co. (BA) Shows Potential

Chart Pattern of Boeing Co. (BA) shows potential of a:
1) Break Out to the Upside OR
2) Break Down to the downside ?

Home Depot (HD) Chart Update

Chart Pattern of Home Depot (HD) shows a breakdown from the 2nd formation shown. Question here is whether how much PRICE will retrace to the breakdown level, before heading down further.

Sunday, March 11, 2007

Chevron Corp (CVX) Chart Update


Chart Pattern of Chevron Corp (CVX) doesn't really spell big trouble...as yet.

General Electric (GE) Chart Update

Chart Pattern of General Electric (GE) shows no change in the Bearish Pattern it has formed.

Saturday, March 3, 2007

Chevron Corp (CVX) Break Down?


Chart Pattern of CVX shows a break down from the Chart Pattern formation.