5 Top-Notch Technical Trades
Get your FREE Options Trader's Guide to Technical Analysis here!
-
If you're looking for the most accurate way to predict the direction a stock or the market is headed, technical analysis is it.
Of course, no chart pattern is accurate all of the time (which is why technical analysis is more of an art than a science), but it's the closest you're going to get to a sure thing in the stock market.
So I'm offering up five technical trades today. Each of these stock's charts has been screened using some of the basic technical analysis tools, and they all appear to be good bullish trades.
Keep reading to get five stocks that are almost guaranteed to go higher.
More By This Expert
Should You be Worried the Market is Overbought?
I've been noting that our internal indicators are overbought, but none of them actually issued a sell signal until yesterday.
Emerging Markets Fund Looks Tired
The iShares MSCI Emerging Markets Index Fund (EEM) has been a great performer but, like the broad market, is showing sign of fatigue.
Volume Declining to Lowest Level of the Year
Major investors are reluctant to put more cash to work until they are convinced that the economy is moving forward enough to warrant new investments.
Bulk Up Your Portfolio With SB
With shipping rates going up, dry bulk carrier Safe Bulkers Inc. (SB) has broken from a bullish formation.
Most technicians would consider a divergence in the Dow averages to be a potentially important indication that the market is tiring. But is this a serious problem, yet?
MOST POPULAR
- What's Hot: DELL, DHI November 20, 2009
- Sidewinder: MCD, DKS, JPM November 20, 2009
- Options News: SII November 20, 2009
- Sidewinder: CY, ADSK, KG November 19, 2009
- Options for Dummies November 19, 2009




