Tech Stock Friday

Technology stocks had a massive week of earnings. At this juncture a very powerful trend following principle is coming in handy in parts of the tech sector for a trade…  

The Facebook Stock Charts say…

Facebook stock’s initial reaction to the latest earnings report is positive and getting a bid. Through the lens of both technical and psychological analysis however the stock is now rallying into a critical resistance zone.  

A Simple Profit Target Trick

Determining a profit target for trades can be a daunting task for many traders. While there are many ways to come up with profit targets, in this video I go over a simple and time-tested way that I use to map out profit targets.  

2 Important Bank Stock Charts

Banks reporting earnings today – C, WFC, JPM. Here are two important charts for perspective and trade setups in these names.  

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