Ascending triangle near a breakout on Taiwan Semiconductor (TSM).
Lam Research (LRCX) with a huge rally today but retreated after testing year-long neckline of an inverse head and shoulders pattern. Nvidia (NVDA) boxed in at the recent highs. Nearing a breakout, but yet to confirm it. Big time breakout for Marsh & McLennan (MMC) today. Apple (AAPL) making a run for positive
Okay…I didn’t fall asleep while I had my position on RIMM going, but I was complacent today, and the program selling that kicked in during the last 30-minutes of the trading session caught me totally off guard and ill-prepared. I already had it pictured in my mind how the trade was to play out, and
For starters on my swing trades I screen fundamentally sound companies and then concentrate on price support and resistance as the primary technical indicators. After I find something of interest I will apply some other indicators to disprove a theory, or back it up. As a rule of thumb I always wait for a trade