Browsing “Technical Analysis”

Descending Channel Example, Fastenal (FAST)

September 13, 2008

The following stock chart of Fastenal (FAST) offers a great example of a descending channel.

Wedge Pattern Example, Potash Corp (POT)

September 12, 2008

The following stock chart of Potash (POT) offers a great example of a bearish wedge pattern which ultimately lead to lower prices for this once high flying fertilizer stock.

Support and Resistance Example, Research in Motion (RIMM)

September 10, 2008

The following stock chart of Research in Motion (RIMM) offers a great example of simple support and resistance. Support and Resistance is a basic form of technical analysis used commonly every day to mark potential buy and sell points on a stock chart.

Support and Resistance Example, Canadian Solar (CSIQ)

September 9, 2008

The following stock chart of Canadian Solar (CSIQ) offers a great example of simple support and resistance. Support and Resistance is a basic form of technical analysis used commonly every day to mark potential buy and sell points on a stock chart.

Stock Breakout Example, Frontline FRO

September 4, 2008

The following stock chart of Frontline (FRO) offers a great example of a breakout.
Stock Breakouts are a basic form of technical analysis spotted when a series of resistance points create a distinguishable pattern (cup with handle, W pattern, etc. to name a few). Once the stock moves out of this resistance it is known as [...]

Symmetrical Triangle Example, Visa (V)

September 3, 2008

The following stock chart of Visa (V) offers a great example of a symmetrical triangle.
Symmetrical Triangles are a basic form of technical analysis spotted in both uptrends and downtrends. Depending on which way the stock breaks out of the pattern a long or short position can be entered.

Symmetrical Triangle Example, Google (GOOG)

August 29, 2008

The following stock chart of Google (GOOG) offers a great example of a symmetrical triangle. Symmetrical Triangles are a basic form of technical analysis spotted in both uptrends and downtrends. Depending on which way the stock breaks out of the pattern a long or short position can be entered.

Descending Channel Example, First Solar (FSLR)

August 27, 2008

The following stock chart of First Solar (FSLR) offers a great example of a descending channel. Descending channels are a basic form of technical analysis spotted commonly in uptrends and are considered bullish as they can make for a strong entry point when the stock breaks out to the upside.