USO Chart – Finding Support, Again
I charted the large oil ETF, USO, this afternoon when it was trading at $35.75. For about a month and a half USO moved along in a nice orderly trading channel with a downward tilt. Last week it broke through …
Chart Analysis
Trend Analysis for Stocks and ETFsFree stock chart technical analysis blog using technical indicators and trend lines for chart patterns
Category: UncategorizedDecember 9, 2009 USO Chart – Finding Support, AgainI charted the large oil ETF, USO, this afternoon when it was trading at $35.75. For about a month and a half USO moved along in a nice orderly trading channel with a downward tilt. Last week it broke through …
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October 28, 2009 SPY Chart – Sitting on Crucial SupportI charted SPY this afternoon when it was trading at $105.33 as it sat at a level of critical technical support. The two main indicators I like to use that are in play right now are the trend line of higher …
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August 7, 2009 SPY Chart – Limited UpsideI charted SPY this morning at 10:37 when the S&P 500 ETF was trading at $101.14. After the better than expected jobs report this morning SPY still couldn’t make it through the line of resistance it’s been bumping against all …
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July 24, 2009 MSFT Candle Chart Shows SupportI charted Microsoft (MSFT) when it was trading $23.13 on July 24, 2009 at 10:40 am. I’m kicking myself for not dumping my long shares in my IRA before earnings yesterday. Had I been watching this chart I would have. …
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May 5, 2009 SLB Chart – May 5, 2009I drew the following chart of Schlumberger Ltd (NYSE: SLB) around 1:00 pm on May 5, 2009. Disclosure: I sold an option strangle on SLB yesterday. SLB is trading near the high end of the …
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April 29, 2009 DIA 3 Month Chart – April 29, 2009I charted the Dow Jones tracking ETF, DIA, at 12:26 pm on April 29, 2009. DIA hit the line of most of its three month intraday highs this morning
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April 20, 2009 NDAQ Daily Chart – April 20, 1009The last time I posted a chart of NDAQ I said it was ready for a bounce. It opened that day at $18.80 and eight days later topped out at $22.61. I charted NDAQ …
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April 16, 2009 Microsoft (MSFT) Chart – 6 Month ChartI charted Microsoft (MSFT) on April 16, 2009 at 2:26 pm while MSFT was trading at $19.44. MSFT is on the top side of its trading channel for the past five months near its trend line of slightly lower highs
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April 15, 2009 Amazon (AMZN) Chart – 4/15/09I charted Amazon (AMZN) premarket on April 15, 2009 after AMZN closed at $77.22 yesterday. AMZN is at the top of its trading channel near its trend line of higher highs
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