Tag: Charts

All Index Charts In Near-Term Neutral Trends

Crowd Still At Historically High Levels of Fear All the major equity indexes closed higher Thursday with positive Nasdaq internals, while the NYSE had positive breadth but negative up/down volume. All closed near...

OHLC Charts vs. Candlestick Charts: Which Is Better?

One of the first steps to becoming a competent technical trader is to choose a suitable chart type. Active traders enjoy a variety of alternatives, from basic line charts to more sophisticated constructs...

Occidental Petroleum Stock: Let’s Talk Numbers & Charts (NYSE:OXY)

Note: The chart is adjusted for the dividend. OXY forms an ascending channel pattern with resistance at $62.75 and support at $56. We could also look at the recent pattern formation as...

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