I haven't had a chance to post links to the recent articles I have written on Investopedia.com. Here is a list of the most recent:
| Electronics Stores outperforming Retail Sector |
| Semiconductors poised to pop |
| Continued Weakness in Credit Cards |
| Technicals start to show signs of a shift in the financials |
| Is Fibonacci pointing to a bounce |
| Are the refiners under accumulation |
| High Volume Breakouts Signal a move higher |
| Money Flowing into Biotech Stocks |
| Network Companies on the Rebound |
| REITS Testing an Important Benchmark |
I usually post these soon after they are published on my twitter page, so if you're interested you can follow me on twitter here.
Good Trading,
Joey
hi joey,
Read your article on chart advisor.
"Markets At Crossroads "
Very well written and articulated...It is always satisfying reading your article...
But in this particular article..I was interested to know if momentum indicator could be of a help,to understand on which side eventual breakout might occur."
"Typically, each of these levels will be tested a few times as traders get comfortable with the established range. By carefully watching where these inflection points occur, a trader can glean valuable information about which side is winning the battle. Typically, buying pressure will first appear when the trading range moves slightly higher, forming a higher low; the reverse is true for selling pressure. "
Suchita Ambardekar
Suchita,
There are many indicators you can use to help guess on which side the breakout will occur including momentum. I like to use indicators like this to spot divergences. If I see price is weakening as the indicator is strengthening, it gives me less confidence in a move in that direction.
Thanks for the comment,
Joey