Stock Market Quotes » eminis Futures Trading » Swing Trading » Stock Chart Patterns

login lookup password help and support contact us about us trending123.com home page
stock chart patterns used for technical analysis Technical Analysis Technical Analysis Technical Analysis
Hot Stocks
Sign up now to to be placed on our email list.
Name:
Email:
Stock Market Index Charts Personalized Stock Portfolios
subscribe now products and services trading tools members section

Get Media Player for Technical Analyis Audio
Windows MediaPlayer 10

free trial
 
RESEARCH SECTOR PERFORMANCE
  stock
Technical Analysis
STOCK RESEARCH ETF'S
  research ETF's
Technical Analysis
LOOKUP STOCK INDEX CHARTS
  index lookup
Technical Analysis
VIEW STOCK CHARTS
 
Stock Market Updates
stock chart patterns
top stocks
Trading Wisdom Psychology,Trading Psychology
stock message board
products and services
Stock Scan Tutorials
 
 
Technical Analysis

Tuesday, March 21st 2006

Morning Update- Stocks that are reporting this week



Adobe Systems, Inc. (ADBE)
One of the things that I enjoy doing is looking at the charts of stocks that are reporting each day. Adobe is a great leading indicator. It was adobe that had forecasted the slowdown at Nasdaq 5000. It was a front runner or leading indicator to the market's downturn in 2000. Adobe has recently bought Macromedia. Fundamentals aside , I would not short ADBE nor would I go long before earnings. The daily chart of ADBE is short term bearish. It may back test the breakout line at the $33 level but overlapping is not until the $20 area. The Williams %, PPO and stochastics are still in a bearish trend reversal. Longer term I believe it is bullish. It is not a portfolio stock.

Jabil Circuit, Inc. (JBL)
The daily chart of JBL is currently bearish. It appears that it is trying to form a diamond bottom in a wave 3 to 4 correction. The chart is mixed, but it does look to go up as long as the last low of $37.00 holds. I am not long this stock.

KB Home (KBH)
The daily chart shows that the recent low of $61.57 held the long term uptrend line. In addition KBH has just completed an ABC correction. Possibly an irregular flat. The RSI, Aroon and Williams % are still bearish, but the PPO is showing a bullish divergence as are the stochastics. KBH reports after hours today. I am interested in what happens with this company because I believe that homebuilders are putting in failed topping patterns, which by the way, is when wave C is higher than wave B (called an Irregular flat).

Morgan Stanley (MS)
The Morgan Stanley daily chart looks very bullish. It has no identifiable pattern. It is still in a bearish trend reversal. Nevertheless MS is performing well in it's current uptrend channel.

The bottom line in regard to the aforementioned stocks, is that they are front runners and we need to wait and see how the market reacts to their earnings tomorrow.

Risk Free Trial

Ipod Technical Analysis Voice Update--Click To Play





ADBE
Stock Charts
ADBE
Stock Charts
JBL
Stock Charts
JBL
Stock Charts
KBH
Stock Charts
KBH
Stock Charts
MS
Stock Charts
MS
Stock Charts
     
 

Technical Analysis Examples Technical Analysis Lessons Technical Analysis Made Easy Technical Analysis Tutorials Technical Analysis Trading Technical Analysis Charting Technical Analysis Momentum Technical Analysis Market Technical Analysis Commodity Technical Analysis Investing Technical Analysis Oscillators Technical Analysis Indicators Technical Analysis Software

 
We work, literally, day and night to grow your portfolio, to provide you with the best trading setups and to respond to your every need in terms of the market. Our analysis and stock recommendations hit price targets, consistently. Day after day, and week after week Using a proprietary combination of technical analysis techniques, including Aroon, WM% and PPO, combined with an in depth knowledge of Elliott Wave Theory, Trending123.com provides you with charts which will make your investment life simple  Free Trial stock calls