Back in October we noted that we liked the chart for Cliffs Natural Resources (CLF), and based on technical indicators, thought the stock was poised to move higher. Unfortunately for us, we also noted that we hadn’t taken a position in it. Shares of the Mining and Natural Resources Company have moved from... Read more
Archive for the ‘The Technical Trader’ Category
Cliffs Natural Resources Destined To Hit 2008 High!
February 28 | Posted by Kevin Monaghan | The Technical Trader, Top Story Tags: Charting, CLF, Cliffs Natural Resources, Cup and Handle, Mining, Natural Resources, Shares, Stocks, Technical Trade
Technical Stock Watch! Disney On Our Radar…
February 1 | Posted by Kevin Monaghan | The Technical Trader, Top Story Tags: Analysis, Chipotle Mexican Grill, CMG, DIS, Disney, Shares, Sideways Trend, Technical Trade, WINN, Winn-Dixie StoresDisney (DIS) has been in a strong uptrend since September when the markets began charging higher. Disney’s stock has moved from about $31 all the way up to briefly touch $40, a 52 week high for the company’s shares. However, since hitting its 52 week high the stock has been trading sideways for... Read more
Earnings Alert: Discover Financial Services
December 14 | Posted by Kevin Monaghan | Inside Trader Highlights, Options University, The Technical Trader Tags: American Express, AXP, Capital One, Capital One Financial, COF, Credit Cards, DFS, Discover Financial Services, Earnings, Earnings Alert, Options TradeSince featured in our Elite Inside Trader monthly picks back in March at $15.39, Discover Financial Services (DFS) stock has moved up over 25%. At $16.16, we posted for our members to watch out for a technical breakout to the upside as the stock moved above it’s neckline in an inverse head and... Read more
Will We Get a Holiday Rally This Year?
November 30 | Posted by Kevin Monaghan | The Technical Trader, Top Story Tags: AAPL, Amazon.Com, AMZN, Apple, Bear, Bull, Christmas Rally, Cup and Handle, Euro, Holiday Rally, Market Rally, S&P 500, Technical Trade, US Dollar, USDIt doesn’t seem like it given the mood of the markets lately. One thing different about this year, the markets already had a great September and October. Usually there is room to run in December coming off these normally bearish months. The bears are making their case for the markets to retreat, especially... Read more
Could The S&P Gain Another 25%-40%? Technical Chart Says Yes!
October 21 | Posted by Kevin Monaghan | Elite Inside Access, The Technical TraderThe Inverse head and shoulders (arrows in chart provided below) is a nice pattern technicians have been talking about since September. What’s next? That depends on the Technician. The good news is that the trend seems to be bullish for the markets. The Inverse Head and Shoulder pattern... Read more
