Technical Analysis & Educational Content

Technical analysis & educational content focused on trading growth stocks.

Tape Reading and Market Tactics

The book Tape Reading and Market Tactics by Humphrey B. Neill is a classic text on technical analysis and trading tactics.

Ascending Base Pattern

An ascending base has the following characteristics:

Wedging Pattern

David Ryan, 3 time U.S Investing Champion, has shared numerous examples of wedging on IBD Live. In a wedge, stocks are…

Historical Analysis of AVWAP Gap Ups

I wrote a TradingView indicator to auto-detect Average Volume Weighted Average Price (AVWAP) gap ups. This historical analysis looks for specific entry criteria based on @Alpha…

Power Outage - A Power Trend Flipped on It’s Head

Flip the Power Trend on its head and we end up with…a Power Outage ⚡️

UPST and NVDA Technical Analysis

I’ve annotated two charts of Upstart (UPST) and Nvidia (NVDA), highlighting various technical patterns.

Bitcoin and CANSLIM Principles

CANSLIM concepts and the daily chart of Bitcoin:

RS Line vs RS Rating - Cheat Sheet

Although both values appear next to each other on a MarketSmith chart, the RS Line and RS Rating are quite…

Tightening Price Action Preceding a Breakout

In 1962, William Jiler referred to ‘tightening price action’ as a coil. It is also known as…

Divergence and True Market Leaders

One sign of a potential true market leader is when there is a divergence of the stock’s price action…

Telltale Signs of a Market Correction

David Ryan, 3 time U.S Investing Champion 1985, 1986, 1987 recently walked through a number of clues that may indicate the market is in a correction.

IBD Stock Market Update – Week of 7/13/20

Following are charts I created to accompany the Investor’s Business Daily article The Raging Bull Vacation written by Mike Webster, previously IBD Head…

IBD Stock Market Update – Week of 6/29/20

Following are three charts I created to accompany the Investor’s Business Daily article The Raging Bull At New Highs written by Mike Webster, previously IBD Head Market…

IBD Stock Market Update – Week of 6/22/20

Following are three charts I created to accompany the Investor’s Business Daily article The Raging Bull Battle written by Mike Webster, previously IBD Head Market…

Shakeout + 3 (aka Shakeout Plus 3)

In 1940, Jesse Livermore described a concept that eventually became known as a shakeout + 3, as described by William O’Neil.

IBD Stock Market Update – Week of 6/15/20

Following are three charts I created to accompany the Investor’s Business Daily article The Raging Bull Battle written by Mike Webster, previously IBD Head Market…

IBD Stock Market Update – Week of 6/08/20

Following are three charts I created to accompany the Investor’s Business Daily article The Raging Bull Avoids a TKO written by Mike Webster, previously IBD Head Market…

IBD Stock Market Update – Week of 5/25/2020

Following are three charts I created to accompany the Investor’s Business Daily article Weekend Stock Market Update written by Mike Webster, previously IBD Head Market…

IBD Stock Market Update – Week of 5/18/2020

Following are three charts I created to accompany the Investor’s Business Daily article The Raging Bull Rests written by Mike Webster, previously IBD Head Market…

2020 Nasdaq Correction Versus 1998

Here’s a visual summary highlighting the similarities of the 1998 Nasdaq market correction and market status as of April, 2020.

Power Trends and How to Spot Them on a Chart

Here are the primary considerations for a market to be considered in a Power Trend