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Very soon we can count on FEI Co (FEIC) which seems to be ready for a rally. Sideway consolidation of FEI will be over soon according to the Elliott Wave Principle. See the chart provided by CFD Dealing....
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Another interesting security for CFD trading is WellPoint Inc (WLP). It reached its rising trendline and gives several signals that it may ricochet to the upper resistance level shown on the charts below....
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This time we present Illumina Inc (ILMN) to your attention. Current downward movement is rather weak and slowly which is a feature of a correction. And the fact is that all corrections are over sooner or later. Click the title for further information....
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Smith Micro Software Inc (SMSI) has been in a corrective movement since the beginning of this year. Presumably, this is an ascending triangle which is not completely formed yet. Lets try to predict further price movement of this stock with the help of th...
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The growth of Lockheed Martin Corp (LMT) was stopped by a correction in the form of the Falling Wedge. The downward movement has features of a temporary correction and we should watch this stock closely in order not to miss a chance of CFD trading....
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Ritchie Bros. Auctioneers Incorporated (RBA) is developing a price correction in the form of symmetrical triangle. Not so long ago the price reached the support level of MA (34) that gives additional bullish signal. The daily price chart is presented bel...
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The rally of Fidelity National Financial (FNF) began in February and now we see alternation of upside movements and corrections to the support levels. This time the price fell to the levels of MA (34), previous top at $14.40 and the uptrend line. See the...
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Today Massey Energy Co (MEE) is coming closer to its peak. Beside the major level of resistance that you can see on the weekly chart below, there is the last 5th wave that has almost finished its development according to the Elliott Wave Principle.
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More than a month ago you could read the EUR/USD technical analysis provided by CFD Dealing. Today we will try to predict the movement of this currency pair further. Below you can see 4 charts that will help to get an insight into Forex market.
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XL Capital Ltd (XL) has been developing a Rising Expanding Triangle pattern since September 2009. This type of triangle is considered as a reversal pattern if occurs on top which usually ends by a breakthrough beyond the resistance level and then retraces...
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Edison International (EIX) went above MA (34) and now is in the upward trend based on the lows at $32, $32.35 and $33,35. See the charts below to know how high it may go according to technical analysis of CFD Dealing.
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Today we want to share our thoughts about one of the most popular stocks of Dow Jones index - Microsoft Corporation (MSFT). As you may see, six weeks ago upside movement started from approximately $27.5 and reached almost the previous top at $31.
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At this moment the last weekly bar of Pfizer Inc (PFE) completed the Bullish Morning Star pattern and moved above MA (34). A correction, which can reach the previous top at $20, is very possible.
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This time we would like to pay attention to Comstock Resources Inc (CRK) with a trading potential. This ticker is definately worth getting into your watchlist. See the daily chart below and get ready to buy it in the nearest future, hopefully.
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The last two months of DTS Inc (DTSI) appeared in the form of a roller coaster with steep slopes up and down. The price tested the resistance level once again. Trading volumes diminished with each weekly bar during recent rally that is a bearish signal. S...
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We can presume that a complex correction is developing on the weekly chart of St. Joe Co (JOE). The upside movement in the form of a zigzag (marked by A-B-C) was followed by the symmetrical triangle which was quickly narrowed to the breakout point.
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Duke Energy Corp (DUK) approached the Moving Average and was stopped by the reversal pattern which occurred on the weekly chart about a month ago. The price is still in corrective movement but there may be a potential trading opportunity very soon. See th...
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Impax Laboratories Inc (IPXL) performed a fast upside rally from the low at about $5 to $16.61 where it was slowed by the upper trendline. Now, most probably, IPXL will make a rollback from the resistance level which is also confirmed by the Hanging Man p...
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Those of you who are familiar with the Dow Theory should remember one of its statements (the fourth, as far as I remember) which says that indexes must confirm each other. In general, this means that we can partially predict movement of some index conside...
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Another stock picked for you by CFD Dealing is Cherokee Inc (CHKE). It formed a double bottom several weeks ago and now is moving up. Recent rally is also supported by some candlestick patterns like 3 Inside Up, Hammer and Tweezer Bottom (not marked on th...
