Don't Ignore This Chart!

A Few Greenies in a Sea of Red as AMD Surges

The stock market was down sharply on Wednesday, but there were a few big gainers. Chartists can spot the rebels by looking for green on the Sector Market Carpet. Today, we have AMD surging over 14% and T-Mobile (TMUS) advancing over 6%. Three of the top five gainers came from the technology sector.

Screen Shot 2013-05-01 at 22.25.57
 Click this image for a live chart
Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus