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 analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of FireEye Inc. (NASDAQ:FEYE).
With stocks you use the monthly MarketClub Trade Triangle to tell the trend and the weekly MarketClub Trade Triangles for the entry and exit points.
FireEye Inc.(NASDAQ:FEYE) just broke out Friday, so the analysis if good if the breakout holds, which it looks like it will do.
FEYE is put in a new monthly green Trade Triangle on Friday's (1/3/14) breakout. Continue reading "Chart to Watch - NASDAQ:FEYE"