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Category Archives: Technical Analysis

Shiner International, Inc. (BEST) Video Chart for Monday, August 27, 2012

BEST is a low-volume play that is holding a firm base at 17 cents. The chart is currently on radar to make a larger move; whether that is to fall through support or continue to make the shift to bullishness. … Continue reading

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Rare Element Resources Ltd. (REE) Video Chart for Wednesday, August 22, 2012

REE is holding support at $3.70 and has formed a double bottom pattern. The indicators are giving hints to a shift in trend and momentum, which will have technical traders watching closely for a challenge of the first resistance at … Continue reading

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Denny’s Corp. (DENN) Video Chart for Friday, August 17, 2012

DENN has been uptrending throughout 2012 and is now pushing on 52-week highs of $4.80. Thursday’s rise of 2.3 percent to $4.78 has the price per share right against that upper resistance, which will have traders on alert for a … Continue reading

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Astex Pharmaceuticals, Inc. (ASTX) Video Chart for Monday, August 13, 2012

ASTX has been uptrending for three months. The stock has been consolidating after its recent highs and holding support. The indicators have reset and look like they could be turning back bullish, which will have the eyes of technical traders … Continue reading

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Lucas Energy, Inc. (LEI) Video Chart for Friday, August 3, 2012

LEI is a good example of a double bottom pattern that is making a strong move. This video shows the formation of the pattern through the indicators and the candlesticks, as well as discusses what to look for at its … Continue reading

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E-Commerce China Dangdang Inc. (DANG) Video Chart for Wednesday, July 25, 2012

DANG bucked the trend of the broad markets yesterday by closing ahead nearly 10 percent. A morning star reversal pattern has formed with technical traders looking for confirmation in a chart that has a history of solid moves upon bullish … Continue reading

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MissionIR Ascending Triangle Video Chart for Friday, July 20, 2012

The ascending triangle pattern can be a very powerful pattern for technical traders. Effectively a sign of upward pressure towards a resistance level, the ascending triangle is generally regarded as a bullish continuation pattern. This video takes a look at … Continue reading

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Shanda Games Limited (GAME) Technical Analysis for Monday, July 16, 2012

GAME should be put on radar as it is holding a support level after a fall from highs near $6 per share. The support needs to hold around $3.80 as the candles look to make a move back towards the … Continue reading

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Partner Communications Company Ltd. (PTNR) Technical Analysis for Wednesday, July 11, 2012

PTNR is currently holding a base at $3.73. This level must hold as there is no other support in sight, but the indicators are giving signs of a potential shift in trend and momentum, which will have traders looking for … Continue reading

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Duma Energy Corp. (DUMA) Video Chart for Friday, July 6, 2012

DUMA is sitting just above a historic support level as the stock has bounced on multiple occasions at $1.70. Being a low-float stock, shares of DUMA can move quickly in either direction on little pressure, which puts the chart on … Continue reading

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