StockTradingHero – Free Stock Technical Analysis | ETF Market Trends | Stock Trading Strategies

On 18 Sep, we highlighted UNG as a potential short based on its technicals. Since then, instead of dipping significantly lower, the ETF exhibited resilience and has been hovering just below the key $12 price level. It is useful to recall that the $12 level serves as an important resistance for UNG. The downward sloping 200-day SMA has been hovering around the $12 mark as well in recent days. Ther...

Every Monday, we will be posting an S&P 500 technical analysis update. Using SPY, the ETF proxy for the index, we will identify important technical patterns and key price levels for traders and investors. In the previous week, the SPY tanked approximately 2% on increased volume. As we hardly have any broad-based decline of this magnitude in recent days, it certainly got traders and investo...

Another request for a stock technical analysis update on LVS , (Las Vegas Sands Corp), so here we go! [caption id="attachment_1095" align="aligncenter" width="600" caption="Stock Technical Analysis of LVS"][/caption] While still maintaining its upwards move, LVS has retraced around 23.6% (an important fibonacci level) last week, forming a bull flag (shown in black). It came close to the u...

It was a down week for the broader market, with the S&P 500 index dipping 2.2%.  The real question is how long this correction is going to last as we wrap up the third quarter and move into earnings season next month. There were no changes to our portfolio.  Our stocks generally declined this past week together with the broader market, with a notable exception being LINC.  LINC rallied 8...

HSTX is one stock that should be on your watch list. Thanks to one of our astute readers who had recently requested for an analysis of Harris Stratex Networks (HSTX), we now have a bullish stock play for the next few days. As shown in the chart, HSTX has pulled back sharply over the last few days after gapping up over $7.50 in early Sep. Recent price action, however, indicate that the stock may be...

We have a request for a stock technical analysis of American Superconductor (AMSC) and here's our view!  In the short term, AMSC does not look too good. The stock has retraced to support at about $29-$30 and is hovering just below the 20-day and 50-day moving average.  Piercing below the two moving averages does not bode well for the stock price in the short term. Although AMSC has pulled ba...

Here’s our technical take on a recent request: ENER. Energy Conversion Devices (ENER) is a specialized semiconductor stock with presence in the solar energy space. The stock has been on a steep downtrend since peaking last Aug at about $80. On Sep 4, ENER hit a low of $10 before skyrocketing upwards on extremely heavy volume on Sep 8. Since then, the stock has been hovering above the 20-day and ...

Here's my response to a request for stock technical analysis of Spectrum Pharmaceuticals (SPPI), a commercial-stage biotechnology company with a focus on oncology, and develops and commercializes a portfolio of drug products. From the stock chart below, you can tell that SPPI is finding some support at its 50 day exponential moving average after a steep correction in early September 2009.  Thi...

Hello to all our fans! Here's my response for a stock technical analysis of Solarfun Power Holdings (SOLF), an investment holding company that develops, manufactures, and sells photovoltaic (PV) cells and PV modules. From the log chart below, SOLF is in a long-term downtrend since peaking at $40.19 in early January 2008. With the recent rally of the stock in September 2009, the stock is current...

It has been a while since I last updated my trading portfolio.  Going forward, we are going to update our portfolio on a weekly basis for tracking purposes. Our portfolio as of Sunday Sep 20, 2009 is as below.  Each transaction is based on a unit quantity (i.e. one share).  Also, please note that trade results for holdings which have been sold are recorded under "Realized gain"; whereas "Ga...