pullback

Pullback Deepens

Stocks moved lower on Tuesday, extending the pullback from recent highs. Trading picked up as money appears to be shifting out of index names. Leading stocks generally dropped, but not the usual 2x pace of the market. In fact, there were plenty of leaders that moved higher or held strong. Biotechs were flashing buy signals (OTIC, ZFGN, etc.) or were […]

March 10, 2015 ByDave Harby AKRX, biotechs, blue, distribution, higher-or-held, market, nasdaq, otic, pullback, RCPT, SCMP Comments Off read more

Gold (XAU/USD) – Comparing the Reward to Risk Profile of 2 Trade …

Gold fell to a new low on the month this week, currently around 1288. The 4H chart shows a market that is trading in an ABC pattern. With a C=A projection, the current swing targets the 1270-1275 area.Gold 4H Chart 7/25(click to enlarge)As we get into the 7/25, Friday session, expect some pullback. Price is trading near a projected support, and […]

July 25, 2014 ByFan Yang central, chief, double, jpy, nzd, pullback, rising-trendline, support, triangle, usd Comments Off read more