Technical Analysis

Can Key Support Lines Hold?

A failure would likely lead to a test of 200-day moving averages. More 

Trade of the Day: DUK Stock Screams Undervalued

A pullback offers an excellent opportunity to buy Duke Energy Corp. More 

Utility Stocks Look Like a Great Bargain

This group is currently an attractive alternative to higher-risk sectors. More 

Trade of the Day: RAX Stock Issues Strong Buy Signal

It confirms the recent breakout in Rackspace Hosting, Inc. More 

2 Major Indices Execute a Bearish Key Reversal Day

Expect a round of profit-taking as a result of the negative technical performance. More 

Trade of the Day: Jump on VMW Stock for a Quick Ride Up

VMware, Inc. sliced through a resistance line on a classic breakaway gap. More 

Swap Small-Cap Gains for Big-Cap Value

The Russell 2000 appears overpriced and due for a round of profit-taking. More 

Trade of the Day: NKE Stock Could Run 10% Higher on Breakout

Nike Inc is in a powerful bull market supported by a recent "W" consolidation. More 

My New Target for the Nasdaq

The bullish "W" formation on the chart provides a fairly reliable target of 5,200. More 

Trade of the Day: Another Beat, Another Chance to Buy BRCM Stock

Buy Broadcom Corporation on a pullback to its 50-day moving average. More