Chart Patterns

  The Nasdaq has now fallen over 10% from high to low over the past couple weeks in a choppy consolidation so we now have seen a correction for both the Russell 2000 and Nasdaq.   In [...]

  One of the smartest things you can do when first looking at a swing trading opportunity is to bring up a 10 year weekly chart of the stock.   A long-term chart can tell you how [...]

  The feared sell off in early 2025 has turned into a 1 day affair so far.  After a good year for the market you often see investors waiting for the first of a new year to sell to put off [...]

  I recently listened to a podcast interviewing the current leader in one of the most popular trading contests online.  He is up nearly 600% so far this year.  This is 7 times his starting [...]

  After testing dozens of strategies and trading for more than 15 years, there are a couple strategies I would focus on to grow a small account rapidly in todays market.  And it has nothing [...]

  Last week we talked about some of the common obstacles traders new to a strategy need to overcome.  This week we will go over some more tips for growing a small account quickly in 2024 and [...]

  Nicolas Darvas was a professional dancer and part time trader and is famous for turning $10,000 into $2 million more than 60 years ago trading stocks.  His Darvas Box strategy was revealed [...]

  The flat base pattern is one of the more bullish chart patterns on great stocks.  Last week we just captured a couple more winners by identifying this fairly common chart pattern.   [...]

  The ascending base pattern, a pattern similar to the 3 rising valleys pattern, is one of the most bullish chart patterns in swing trading.   We just nailed the biggest trade of the [...]

  Sometimes the market hands you a gift.  This year, Santa got mugged by the market during the hoped for Santa Claus rally (period between Christmas day and the first few days of the new [...]