Duke energy and the power of support and resistance
If you’ve ever wondered about the power of support and resistance based on price action, then look no further than Duke Energy which has seen […]
volume indicators
Goodyear continues sliding ever lower
One stock I covered in recent weeks was Goodyear Tyres, a particular favourite of mine years ago when it was in a strong congestion phase […]
A full house for the pound
Only one currency in focus in the London forex session and that was the British pound as politics continues to dominate. It was all heavy […]
Sale of the century!
Always interesting to analyse stocks in a longer term downtrend and CenturyLink is certainly one such stock, which has seen its share price slump from […]
Will momentum in gold follow through?
The positive start to this week for gold, was in sharp contrast to last week’s lacklustre performance, which saw the precious metal trade in a […]
Not all ships rise and fall with the tide
WEC energy group is another stock bucking the current bearish sentiment of the leading US indices, and continues to maintain a longer term bullish trend […]
Ball Corporation heading for congestion
I’ve moved to the monthly chart for this stock which is the Ball Corporation (BLL) as this once again demonstrates the importance of the technical […]
Goodyear tyres on slicks
Goodyear tyres (GT) is a stock I know well and have fond memories of, as it was one that was a constant companion trading covered […]
Classic VPA in action for OKE stock
Over the last two months, we have seen classic volume price analysis at work for this stock which is now developing the trend lower as […]
Great moves in the GBP across the complex in the London forex session
Only one currency in focus in the London forex session this morning, and that was the British pound ahead of the BOE meeting and statement […]
Walgreens boots are red
Whilst many US stocks have mirrored the price action on the primary indices over the last few months, falling and then recovering, this has not […]
A bumpy road ahead for Ford
It’s been a long and bumpy road back for Ford, but at least last week’s price action and associated volume appear to have laid the […]
Bidding continues on EBAY
EBAY is another stock which has been trading around the volume point of control for some time and is one where patience is required before […]
Cern remains a buy
Always dangerous to blindly follow the herd, but the consensus among the analysts is that CERN remains a strong buy, and on this occassion I […]
The key levels on the weekly gold chart
The weekly chart for gold makes interesting reading and reinforces what we are seeing in terms of longer-term moves for the precious metal, and once […]
Crown Castle preparing to break higher
Crown castle continued to push higher in yesterday’s trading session and extending further the bullish trend for this stock which has seen it move steadily […]
GIS now testing a key price level ahead of earnings
The first quarter of 2019 has been a positive one for General Mills Inc (GIS) which has seen the price of the stock rally from […]
A catclysmic day for US markets on extreme volume!
Although it’s taken almost a week for the FED rate rise and NFP to spook the markets, fear has now taken hold, and signalled also […]