Tips and trick from traders on how to become a better trader.
Adam and Jeremy are back with another episode of MarketClub TV tomorrow at 4pm EST.
We are looking for questions about the markets, specific stocks or anything else that you would like them to talk about.
Please leave a comment or email us at
ma**********@in*.com
What do you think? Please feel free to leave your comments.
Adam
I am not sure how this works, but four days ago our Trade Triangles gave a sell signal for Starbucks. Yesterday, Howard Schultz, who is the chairman and CEO of Starbucks mentioned in his company's conference call with some less than stellar guidance for the future. This was enough to tank Starbucks stock in after hours trading. Check out your MarketClub chart on Starbucks and put in the monthly Trade Triangles and tell us what you think.
Have a great trading day.
Adam
Adam and Jeremy are back with another episode of MarketClub TV today at 4pm EST.
We are looking for questions about the markets, specific stocks or anything else that you would like them to talk about.
Please leave a comment or email us at
ma**********@in*.com
We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of Starbucks (SBUX)
SBUX made a strong move into the last high made on 04/16/12.
The move down off the high looks to be a counter trend correction as the MarketClub monthly Trade Triangle has stayed on a buy signal. Continue reading "Chart To Watch"
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