Archive for: April 2009

I charted Apple (AAPL) before the markets opened on April 13, 2009.

AAPL is hitting potential resistance at the point of its high where it gapped down in September 2008
AAPL is at the high end of its current trading channel, close to its …

Foster Wheeler (FWLT) provides construction and engineering services.  I drew this FWLT Chart at 12:09 pm on April 9, 2009 while FWLT was trading at $20.42

FWLT gapped up this morning
FWLT broke above the triangle that had formed from its lower …

Materials Select Sector SPDR ETF Fund (XLB) attempts to track the materials economic sector.  I captured this XLB Chart at 10:00 am on 4/9/09 while XLB was trading at $22.67.

XLB is touching its trend line of higher lows
XLB fell below …

I drew the AA Chart below at 12:05 pm on Tuesday, April 7, 2009 when AA was trading at $7.77.  Alcoa is scheduled to release earnings after hours today.

AA hit resistance when it met up with its trend line of …

I charted GLD, a major Gold ETF, at 2:00 pm on April 6, 2009 to show the daily price changes for the past three months.

GLD broke below its trend line of higher lows three days ago and did not recover …

After the first two weeks of this blog being live I’m taking a short look back to see how I’ve done.

MON Chart – The break in Williams %R held true and MON fell more.  The 10 day …

I charted the daily price action for Research in Motion Ltd (RIMM) for the past two months ending April 1, 2009.

RIMM hit resistance today on a trend line of  lower highs that started after it gapped down a month and …

DryShips Inc is part of the shipping sector in the Services industry. It is highly volatile and affected by the Baltic Dry Index which tracks dry bulk shipping rates. I charted DRYS pre-market on April 1, 2009

DRYS had a bullish …

U.S. OIL FUND ETF (USO) attempts to track the spot price of West Texas Intermediate (WTI) light, sweet crude oil, but has been affected lately by contagion. I charted USO pre-market on April 1, 2009. (OIL is another ETF not …