The Russell 2000 appears overpriced and due for a round of profit-taking. More
- Poll of the Day
Technical analysis scrutinizes equities based on past measurements like asset price and trading volume, which give a view of past performance and stock trends. The technical analysis method does not assign value to a given equity; rather it simply reviews charts and statistical measurement of historical market activity in order to best predict future moves.
Investors should pay close attention to an equity’s direction, speed and distance throughout a technical analysis review. Is the price traveling in an upward or downward direction? What speed is the price moving at? Lastly, what distance will the price travel in a given direction?
Nike Inc is in a powerful bull market supported by a recent "W" consolidation. More
Buy Broadcom Corporation on a pullback to its 50-day moving average. More
A post-earnings sell-off in Boeing Co is offering up a bargain. More
A post-earnings sell-off in International Business Machines Corp. could offer a good entry point. More