Weekly vs. Daily

Right now, it’s a “weekly charts versus daily charts” type of market. After a few weeks of solid momentum, we have found ourselves in a situation where many daily charts are extended, trading well above 2+ ATR from their 21EMA. Generally this points toward an increasing probability of a pull back to the 21 EMA, … Read more

Sleeping Tech-Giants?

As the market has continued its bullish trend over the last few months, we’ve seen many stocks benefit from this momentum, making impressive moves alongside the indexes. While $MSFT, $GOOGL, and (at times) $AAPL have all seen strength in recent months, there are two tech-giants who have continued to trade sideways: $AMZN and $FB. While … Read more