This Stock is Attempting a Break-out From 15-Year Channel Resistance

This Stock is Attempting a Break-out From 15-Year Channel Resistance

F is presented on a weekly basis below. The stock is pressing the top end of 15-year channel resistance, or line (1). This line has turned the stock away 4x since the late 90s. The overall channel has been in…...

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PMs Experienced a Crash of Sorts in April, Now What?

PMs Experienced a Crash of Sorts in April, Now What?

I’m not convinced that when an asset experiences a crash/mini-crash-like event as PMs did in April that they immediately bottom and begin a sustained thrust higher like nothing happened. Such technical destruction tends to result in highly volatile bottoming processes…....

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