Technical Analysis

Put Amgen Back on Your Buy List

The broad-based market correction has driven Amgen (AMGN) to just above its 50-day moving average. More 

Market Scores Key Reversal Day, but More Work to be Done

A change in the near and intermediate downtrends has yet to be realized. More 

This Biotech’s Chart is the Picture of Health

Gilead Sciences (GILD) consistently surpasses my technical targets. More 

Short-Term Bulls Could Lose This Battle

The major indices are breaking down as stocks retreat. More 

Don’t Be Fooled by a Dead Cat Bounce in This Oil Stock

Short Occidental Petroleum (OXY) on a rebound to its 200-day moving average. More 

Watch for Important Sell Signal on Overlooked NYSE Composite

A close below its 200-day moving average would be a strong negative for the broader market. More 

Cybersecurity Stock Looks Like a Force to be Reckoned With

Palo Alto Networks (PANW) scored multiple high-volume breakouts. More 

Canadian National Railway Ready to Resume Its Climb

A reversal confirmed the long-standing bull market in Canadian National Railway (CNI). More 

Key Indices Reverse Up in Face of International Selling

Transports and small caps had a bullish day. More 

Bullish ‘W’ Signals Big Win Ahead for Micron Technology

Micron Technology's (MU) chart also displays twin buy signals and an impressive breakaway gap. More