Weekly Stock Charts

Jonathan Parsons Rank: 42 Followers: 20 Votes: 5 Years Member: 14 Last Update: 12 August 2017, 8:18 Categories: Chart Patterns
Trend Analysis
Volume Analysis

Aug 7th 2017 7:30P Update: The summer grind continues. Lots of inside bars & doji's printed last week. All the action is in individual names, sector ETFs, and specialized ETFs. Small-caps have gone nowhere since Dec '16. Mid-caps aren't much better. The SPY's are grinding higher, but the Dow30 have had a nice little trend going - some of those 30 stocks are moving. Find stuff that's moving to trade - otherwise you'll just get chopped up or lose interest. So, what's moving? Earnings plays. China names: KWEB, CQQQ. Some tech: BOTZ, ROBO, SMH, SOXX. What else? How about solar? TAN. So, there's action out there, you just need to dig a bit deeper for it. Good luck out there!


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