GROW Chart Discussion, Is the Stock Done Growing?

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Check out this chart of U S Global Investors (GROW) and you can see a splitting image of beauty. Look back at the stock's original breakout at $35 (first blue box). You can see the high volume gap which started it all. And, not even two months later the stock was trading above $70. Next […]

Daily market commentary for Thursday, January 4th, 2007

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Written By: Teresa Appleton Stock Forum ID: Teresa Wednesday left us up, down and all around. I thought I was on Mr. Toad’s Wild Ride at Disney today. Volume was back to pre holiday levels, plus some! Very nice to see participation back and the volatility was not absent either today. Dow and Nasdaq managed […]

Exxon Down, $75 Support Falls

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Today's move below $75 thus far has put Exxon Mobil (XOM) shares out of buy territory. The oil sector is having a horrible day today, with the Oil Services Holders Trust (OIH) down some 4%. Though the rest of the market has marched upwards, XOM is the biggest piece of the S&P 500 alongside many […]

GOOG Breaks Channel, Stock Trades Up

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Shares of Google (GOOG) show another stock breaking a downward sloping channel and opening higher today. The stock right now is trading right around $473 putting it up just over 2.5%. You want to see a close above $470 on accumulation strong volume. Next resistance is at the 50 DMA around $480.

ICE Up 6% on Triangular Bull Flag

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Straight from the books, you can see how Intercontinentalexchange (ICE) set itself up last week. The original triangular pattern called us for a move one way or another, and the decreasing volume overall signaled its arrival soon. A move to $110ish was bullish, and you can see with the green box where the stock broke […]