Technical Analysis

Apple (NASDAQ:AAPL): A Year Of Pent Up Selling Pressure The inspiration for Lessons From The Financial Markets For 2013 was a two pronged one in the autumn of 2012, with the fiasco of the Facebook (NASDAQ:FB) as well as the rise and rise of Apple. The question is what would happen in 2013. Would Facebook […]

LEARN FROM GENERALS OF THE MARKETS – PART 20 “…And then people make the mistake of not working hard enough to keep improving.” – Stephen Temes Since 1998, Adrian Manz (PhD) has been a great market speculator, writer and speaker at trading conferences. He’s a co-founder of TraderInsight.com. He’s been earning his own livelihood for […]

Range Resources (LSE:RRL): Probable Falling Wedge Buy Formation While I am aware that on both a technical and a fundamental basis shares of Range Resources have presented more false dawns than an Arctic spring, it does look as though we are in the most encouraging position technically for quite some time. While this is no […]

Magnolia Petroleum (LSE:MAGP): 2011 Uptrend Line Given that Magnolia Petroleum is one of the most followed speculative situations on the UK stock market, I am aware that I have to choose my words carefully. The big plus points currently are the way that at 2.8p the shares have come back to test not only the […]

Greka Drilling (LSE:GDL): U Shaped Reversal While it is of course the case that after a 20% bounce today one would / could regard shares of Greka Drilling as being on the overcooked side, to consider that we have seen the best of what is on offer here in terms of the upside might more […]

Go long, and go long on Yahoo! (NASDAQ:YHOO). The stock has been in a bullish mode for a long period – and the same is valid for the year 2013. Oh bull, please continue riding your profits! Is there anyone put on horse-back who will not raise his head backwards? Looking above, there is a […]

Apple shares (NASDAQ:AAPL) have been in a downtrend for about several months and will continue to do so for the rest of this year. The buyer is advised not to beat a bramble with their bare hand. On the chart above, 2 Trendlines and the Relative Strength Index period 14 are used. The Trendlines have […]

Chariot Oil & Gas (LSE:CHAR): Initial January Resistance Break You might think that waiting until Chariot Oil & Gas shares are up nearly 10 per cent today is leaving it a little late as far as getting on the bottom fishing bandwagon here. But it should be said that at least from a technical perspective […]

New World Oil & Gas (LSE:NEW): Rising 2011 Price Channel Looking at the daily chart of New World Oil & Gas since 2011 and it can be said that actually everything was on track for sustained upside until the breakdown in October / November, not only back below the 200 day moving average at 9p, […]

Range Resources (LSE:RRL): Possible (Bullish) Falling Wedge Pattern I suppose it can be said that the story at Range Resources is all about private investors backing the oil & gas producer as the next Tullow Oil (LSE:TLW), but so far this not quite coming to fruition. What we have been treated to technically is something […]