We traded Sprint late last year and got stopped out for a small loss but now the stock is giving us another chance to get in as a Cup & Handle pattern is showing on the daily candle charts. As you can see from the chart above, the stock dipped down to the $4 area […]
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Equity Oracle: 02/20/15
NovaGold Resources Inc. (NG) explores and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver and copper, and with the precious metals markets being as low as they are right now, I think this is a solid stock to get into.
Equity Oracle: 02/13/15
MannKind Corp. is a biopharmaceutical company that focuses on the discovery, development and commercialization of therapeutic products for diabetes and cancer in the United States. You do not need to be a trends analyst to know that there are more people suffering from diabetes and cancer now than at any other time in history. So, if MannKind continues to cater […]
Equity Oracle: 02/06/15
Take a look at the chart above and you will see that for the last 5 days the price of DOG has been going down. As a stock approaches support we want to make sure that the signals are lining up in favor of our buy idea.
Equity Oracle: 01/29/15
Oil prices have reached a 6-year low but that doesn’t mean that prices are going to stay this low. Look at the daily candle chart of OIH and you will see a perfectly formed hammer pattern at the 3-year support level for the ETF. There are also gaps above the market that will help draw the price upwards, placing […]