$COST Costco Prepping for Move to All-time Highs

As I have stated previously in this space, the most common method of applying Fibonacci retracements is to start at a cycle high and end at the cycle low. However, I ascribe to the Connie Brown methodology of deferring to the secondary highs of a cycle as the starting point for the Fibonacci retracement when...
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Tesla Chart April 9th

$TSLA Tesla Chart Stuck in Wide Range

What I see from the log chart over the past 30 months is that Tesla is trading in a range with big technical swings, depicting an epic price struggle between bulls and bears. Until price moves out of the rectangle above, the chart offers no definitive direction. The 200 day moving average is flat as...
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Analog Devices

$ADI Analog Devices Breaking Out to New All Time Highs

Analog Devices (a company I interned for in '99) is breaking out to new multi-decade highs. The price action is certainly characteristic of bullishness in the stock and in the semiconductors in general. If the new high holds here, ADI could push quickly to the
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