Ending on Friday, the third quarter was BRUTAL to say the least. Most major averages are down nearly 14% over the last three months, all while volatility has spiked and remains at a very high level. The S&P 500 saw a beautifully executed head and shoulders pattern in July which sent shares lower and... Read more
Posts Tagged ‘Channel Trading’
LAST CALL FOR OPTIMISM: ENTER Q4
October 2 | Posted by Kevin Monaghan | Top Story Tags: Channel Trading, Currency Risk, DFS, Discover Financial Services, Emerging Markets, FDX, Fedex, Head And Shoulders, Interest Rates, Nike, NKE, Range Bound Trading, RMB, S&P500, Stock Charts, Technical Trade, Term Deposit
Is Priceline.com Priced Out?
September 15 | Posted by Kevin Monaghan | Top Story Tags: 200 Moving Average, 50 Day Moving Average, Airlines, Channel Trading, GOOG, Google, Google Flights, Online Bookings, Priceline.com, Technical Trade, Travelzoo.comShares of Priceline.com (PCLN) have taken off in the last 8 years. Shares were trading under $10.00 in 2003, and are now flying high at over $500.00 today. The company continues to report great revenues at home and abroad, but can they keep growing at the feverish pace they have been… … …... Read more
