How to Trade the Coming Big Blue Breakdown or Breakout

Shares of International Business Machines IBM have been trading in a horizontal channel for the last month, part of a process of range compression and expansion that has seen a 25% gain in price. This well-defined pattern has two paths…

Crude Oil Takes Out Key Support Level

The price of the Light Crude Oil – Continuous Contract (WTIC) spent most of last year consolidating in an inverse head and shoulders formation (with a complex right shoulder) under neckline resistance at the $51.00 level. It broke above that…

The Hasbro Rally May Be Played Out -- Let It Go

The charts of toy manufacturers Hasbro (HAS) and Mattel (MAT) look like mirror images after the companies reported earnings earlier this year, with the former beating on the top and bottom line and the latter missing on both those metrics….

Salesforce.com Potential Double Top at Previous All-Time High

Shares of Salesforce.com (CRM) declined 20% from their May 2016 high to the December low later that year. This year in just two months, they have rallied back up to the previous highs, but the move may be stalling and…

It’s always exciting to be featured on the “Off the Charts” segment of Mad Money. Jim Cramer’s presentation make technical analysis and chart patterns a lively subject, but on tonight’s show he and his crew made it a whole lot…

The China Large-Cap Index is Halfway There

The iShares China Large-Cap ETF (FXI) dropped 45% from its 2015 high to its early 2016 low, but since making that low it has stair-stepped its way back up to the 50% retracement level of that range. The index is…

$S&P 500 Simple Trend Line Breakdown

Watch the S&P 500 uptrend line, as well as the channel breakdown on the Russell 2000 Small-Cap Index (RUT). Sometimes it’s as easy as lines.

Lululemon Athletica Assumes Downward Triangle Pose

Shares of athletic and yoga apparel designer and retailer, Lululemon (LULU) are retesting technical support and are in danger of breaking down and dropping through a gap vacuum. The daily chart highlights the volatility the stock has experienced over the…

Just over four years ago, Bob Lang and Jim Cramer created the FANG acronym for Facebook (FB), Amazon (AMZN), Netflix (NFLX), and the stock formerly known as Google, now Alphabet (GOOGL), on an “Off the Charts” segment of CNBC’s “Mad…

The Small Cap Contradiction

There are two ways of interpreting the candle that formed on the Russell 2000 Small Cap Index chart in Monday’s session. The close was below the support line of the small horizontal channel it has been trading in which is…