$IBM has been one of those stocks that traditional investors buy and hold forever. Forever never lasts forever though. If we take a look at their chart below, we can see a lot of warning signs in there. Dark cloud covers as well as bearish engulfing candles are showing up. It has traded flat since […]
Author: The Prince of the Stock Market - Cambron Jones
Should you buy Baidu ($BIDU)? (Updated 10/1/2014)
UPDATE – 10/1/2014 Below is the chart of BIDU for today 10/1/2014. It hit it’s support level of $210.00 and actually went a little bit below, but fought back to close at $212.03. It doesn’t look like it will explode higher so it might be a good idea to establish a position now but the […]
EA – Electronic Arts
$EA is one of my favorite stocks to trade because it’s inexpensive and it moves around 2% per day. $EA just reported a good earnings but the stock is dropping because of the delay of one of their premier first person shooter games Battlefield. The game was scheduled to hit stores in time for the […]
The Life Cross ($AMD)
AMD is having a flat 52 weeks with their shares trading around $3.50 – $4.00 most of the time. That is about to change. If we look at AMD’s chart, we can see it making a bullish move with it’s 30 day moving average crossing it’s 200 day moving average. When a stocks 50/30 day […]