Art's Charts January 31, 2024 at 08:17 AM
Gold is not the most exciting asset at the moment, but it is in a long-term uptrend and perhaps the strongest commodity out there. There are also signs that the January decline is ending as RSI hits a momentum support zone and a bullish continuation pattern forms... Read More
Art's Charts January 20, 2024 at 06:14 AM
This week's analysis will stick with the multiple timeframe approach. Today we are featuring a biotech stock with a channel breakout on the weekly chart and a classic retracement on the daily chart. Moreover, a larger bullish reversal pattern could be forming on the daily chart... Read More
Art's Charts January 13, 2024 at 05:30 AM
Chartists looking to increase their odds should consider two timeframes for their analysis. The longer timeframe sets the strategic tone, while the shorter timeframe defines the trading tactics. Strategically, I am interested in stocks with long-term uptrends... Read More
Art's Charts January 08, 2024 at 08:40 AM
Mean-reversion strategies typically buy stocks when they are oversold, which means catching the falling knife. These declines are often rather sharp, but the odds favor some sort of bounce after reaching an oversold extreme... Read More
Art's Charts January 06, 2024 at 09:59 AM
Tech stocks were hit with selling pressure to start the year, but many are still in long-term trends and some are nearing support-reversal zones. In particular, Apple (AAPL) fell to a support-reversal zone and I am on alert for a bounce. Let's investigate... Read More
