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Rick Ackerman
Articles
Rick Ackerman's Opinion & Analysis
Featured here: a complete archive of all the author's posts, including current material A key target at 1647.50 that had been weeks in coming survived for all of a day, suggesting that buyers have merely been getting warmed up. Now let’s see how they do versus a minor target at ... A 1405.60 downside target noted here earlier is close to being achieved. Traders can try bottom-fishing there via camouflage, but if you’d prefer the lazy man’s approach, a straight bid at... The 1476.25 rally target shown in the chart below looked until recently like a good bet to contain the bullish stampede, at least for a while. As of early Wednesday morning, however, it seemed to be ... Tesla (TSLA) got short-squeezed to within 28 cents of the 86.72 target I’d proffered early Monday morning, but a second-wind rally to 88.00 suggests it’s got eyes for 104.44, the ... All signs point higher at the moment, but even Google (GOOG) will have to top somewhere. My best bet for a short-able apex is 929.78, the Hidden Pivot target of a well-defined ABCD on the monthly ... The chart is intended to remind you why we’ve been expecting a relapse to at least 1352.90. Using a finer chart, the target has been adjusted slightly upward from the 1350.50 previously given. ... A query from Doug Behnfield concerning the placement of stops prompted me to take a look at Tesla’s (TSLA) charts. Like a few other stocks that have benefitted from a still-speculative, bullish ... I haven’t touted Silver lately because Gold has provided disappointment enough. However, if you need a reminder of what bulls are up against, check out the weekly chart accompanying ... Permabears who have waited patiently for The Mother of All Corrections should take encouragement from the blithe demeanor of yesterday’s 87-point rally in the Dow. It left the Indoos sitting ... Traders should ponder the many beautiful crags and crevices on the 18-second (!) chart accompanying this tout. Each is potentially a handhold for us — if not exclusively, then certainly in a way... |