Chartology: Russell 2000 (IWM) Powers Into Important Resistance
By Andrew Nyquist
After breaking the June to early July uptrend line, the Russell 2000 iShares (IWM) slipped to backtest the June breakout above the March...
Chartology: Starbucks (SBUX) Falls Back in the Channel
After a parabolic like move early in the year, Starbucks (SBUX) has spent the better part of the past 4 months hanging out above...
Chartology: Unitedhealth Group (UNH)
After touching up near all time highs around 60 dollar resistance, Unitedhealth Group (UNH) stock took a breather. It's multi-year run has been quite...
Chartology: Russell 2000 iShares (IWM)
The Russell 200o iShares (IWM) broke its near-term uptrend line, eliciting a big drop and leading the major indices lower. Support resides at the intermediate...
Chartology: Qualcomm (QCOM) May Offer Opportunity for Nimble
Qualcomm (QCOM) recently broke out of its downtrend line and into a potential bullish flag pattern. This may offer a short term trading opportunity...
Chartology: VIX Pops and Drops But Manages to Break Downtrend
The Volatility Index (VIX) popped this morning as fear out of Europe (Spain) crept into the market place. But as the day wore on,...
Chartology: Arch Coal Update
Last week, I posted a series of Arch Coal (ACI) charts - hourly, daily, weekly. As I noted in the hourly chart, there is...
Chartology: Zynga (ZNGA) On the Move
After slipping out of head and shoulders pattern and falling precipitously, Zynga (ZNGA) has found some legs. With a breakout over the near-term trend...
Chartology: PowerShares QQQs Breaks Above Downtrend Line
Since bottoming in early June, the PowerShares QQQ Trust (QQQ) has bounced higher within a wide, yet clearly defined, rising channel. Although many would...
Chartology: Arch Coal (ACI) Technical Charts
From the emergence and competition of natural gas to slowing global demand to the recent Patriot Coal (PCX) bankruptcy filing, the coal industry has been...
