US Dollar $USD $UUP Bullish Uptrend Putting Pressure On Commodities And Precious Metals

October 25, 2014

Your average gold bug has been calling for the US Dollar’s demise for as long as I can think of. Price is telling a different story. We are witnessing a strong new uptrend. As usual you do have a choice here. You can do one of the following: Believe their narrative. Base your trading decisions [...]

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SLV Silver ETF With Falling Tops – Downtrend Chart Analysis With Bearish Price Targets

October 23, 2014

Many are still hoping for a trend reversal in silver. Rest assured, it will come one day. Technically speaking though it is most likely not going to happen anytime soon. The reason is simple. We continue to witness falling tops. The most important characteristic of a downtrend, the most recent red bar I drew into [...]

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How Stop Buy Orders Can Protect You – Educational Chart Review – KGC Kinross Gold

October 17, 2014

This is meant to be a ‘post trade’ analysis. The real educational value here is the fact the ‘trade’ was not taken as the suggested method to enter the trade was a stop buy order. The stop buy order simply never triggered. The advantage of using such a method is pretty obvious. It protects you [...]

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NVGS Navigator Holdings – From False Moves Come Fast Moves

October 13, 2014

Here’s an educational follow up post on NVGS – Navigator Holdings a bullish all time high set-up I highlighted a while back. The stock ended up trapping longs as the break to the upside ended up to be a false move. Hence the saying: ‘From false moves come fast moves.’ Click on NVGS chart to [...]

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KNDI Kandi Technologies – Technical Analysis Of Air Pocket Danger

October 13, 2014

Another follow up post on KNDI – Kandi Technologies with my updated chart thoughts on the ‘Air Pocket’ concept that is starting to become more evident. In simple terms, an air pocket is a price area where a stock didn’t spend much time to travel through. Most of the time stocks tend to display the [...]

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SIMO Silicon Motion Technologies Bullish Chart Potential New Leading Stock

October 8, 2014

Over the past few weeks SIMO – Silicon Motion Technologies managed to repeatedly grab my attention. Here are a few reasons why: SIMO is trading close to its all time high Bullish ascending triangle chart pattern Impressive display of resilience during recent market weakness Bottoming tails and bottoming tails cluster the past two days It [...]

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KNDI Kandi Technologies ‘Chinese Tesla’ – Chart Update

October 8, 2014

Quick follow up post to my recent take on KNDI – Kandi Technologies sometimes referred to as the ‘Chinese Tesla’. http://www.tischendorf.com/2014/10/06/kndi-kandi-technologies-potential-long-term-topping-chart-pattern/ The long-term topping pattern remains in place. Price got rejected by triple resistance: Former gap area resistance Topping tails cluster MA 200 resistance As long as the stock stays below that resistance area there is [...]

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Martin Zweig’s Timeless Trading Quote – It’s okay to be wrong; it’s unforgivable to stay wrong

October 7, 2014

A quick post for all of you out there who do appreciate timeless wisdom from veteran traders. Here is one of Martin ‘Marty’ Zweig’s famous trading quotes: It’s okay to be wrong; it’s unforgivable to stay wrong. https://twitter.com/tischendorf/status/519581327792697345 To me, the “tape” is the final arbiter of any investment decision. I have a cardinal rule: [...]

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DDD 3D Systems – Former Market Darling Threatening To Accelerate Downtrend

October 7, 2014

A former market darling, 3D printing stock DDD – 3D Systems, has formed a bearish descending triangle that is threatening to break to the downside. So far the stock hasn’t experienced any kind of notable volume increase. That could be indicative of market participants being in denial during a strong downtrend. A long-term top is now [...]

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KNDI Kandi Technologies – Potential Long-Term Topping Chart Pattern

October 6, 2014

The chart of KNDI – Kandi Technologies the ‘Chinese TSLA – Tesla Motors’ is displaying several red flags indicating that the stock might have put in a long-term topping pattern. This looks like a clearly defined double top that is part of a bigger bearish head and shoulders pattern. The stock has broken the weekly [...]

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