Swing Trading: CHD Present Rare Cup & Handle Opportunity

Swing Trading: CHD Present Rare Cup & Handle Opportunity

If you subscribe to our weekly newsletter, you might have caught this one rare bird in the mix: a cup and handle pattern that’s now poised to break out. The stock is Church & Dwight (CHD) a producer of household goods. And the short-term swing set up goes like...
A Rare “Roof Pattern” in NJR Sets Up for a Tricky Swing Trade

A Rare “Roof Pattern” in NJR Sets Up for a Tricky Swing Trade

A Roof pattern is a relatively new formation that was discovered by technical and author Thomas Bulkowski in 2005. New Jersey Resources Corp (NJR), a company in the natural gas industry, gave swing traders a glimpse of this pattern, and with it, an opportunity to...
How to Use the Moving Average Ribbon

How to Use the Moving Average Ribbon

ZYTrade Editor: Here’s a neat way to visually plot a proxy for short-term and long-term market sentiment.    What is a Moving Average Ribbon? Moving average ribbons are a series of moving averages (MA) of different lengths that are plotted on the same chart to...
Swing Trading: Netflix Broadening Bottom Breaks Toward the Upside

Swing Trading: Netflix Broadening Bottom Breaks Toward the Upside

We covered this late last month. The breakout is now toward the upside, a historical rate of 65% in meeting its upper bound objective (though not necessarily 100% of the profit target, more like 75%). Long-term sentiment appears to be sideways (see GMMA) though...
Weekly Pivot Points for Precious Metals 4.05.21

Weekly Pivot Points for Precious Metals 4.05.21

The pivot points are based on an SFO article in December 2004 by John Seekinger titled Take a Two-Dimensional Approach. He offers these tips.   Gold Futures (GC) S2 S1 Pivot R1 R2 1657.5 1692.9 1712.8 1748.2 1768.1   Silver Futures (SI) S2 S1 Pivot R1 R2...