by Gary S. Morrow | Mar 20, 2019 | Chart of the Day, Charts
Shares of Netflix are setting up well for a breakout. The stock is tracing out a nice gain today(+3%) despite the overall market weakness. NFLX has been consolidating in a narrow range since the 200 day moving average held the February lows. Early last week the 50...
by Gary S. Morrow | Mar 20, 2019 | Chart of the Day, Charts
GM is heading for its lowest close since the powerful guidance inspired January 11th breakout. The huge March 4th spike high is looking very ominous. There is now a huge key downside weekly reversal in place as a result. A close below $36.60 will leave all of the...
by Gary S. Morrow | Mar 20, 2019 | Chart of the Day, Charts
Small cap stocks have been struggling since reaching its 200 day moving average back on February 20th. This key index began to pullback on the 25th and, after a shallow rally last week, the IJS is heading for its lowest March close today. We highlighted...
by Doug McKay | Mar 20, 2019 | Chart of the Day
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by Doug McKay | Mar 19, 2019 | Chart of the Day
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by Doug McKay | Mar 18, 2019 | Chart of the Day
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