ETF Trade Watch As with any market breakout, you would hope to see certain sectors rally while others subside. To this point, Technology and Discretionary lead last week, which is what you would expect to see in a bullish run like the one we have...
Read More Our stock today, Seagate (STX), has tested a key resistance level at $70, a level that has proved to be an important level in the past as you can see by the line drawn on the chart below. This implies that a break through that level could lead to a...
Read More ETF Trade Watch Technology Select Sector SPDR ETF (XLK) The Tech Sector has been moving fast and furious, taking out level after level and providing some much needed fuel to this market rally. The stocks to watch in this ETF are the typical names...
Read More Today’s stock is a great example of when a former resistance level is broken, and then becomes the next level of support. This idea of resistance turned support means that a previous level of resistance is broken as the stock rallies up through...
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