Author: Richard Hefter

For nearly two weeks, Oracle (ORCL) has been consolidating its post-earnings gains from 24.91 to 28.95, which has taken the form of a high-level bullish coil pattern that should be preparing to thrust to the upside towards a...

My near- and intermediate-term work on Kinross Gold Corporation (KGC) indicates strongly that a significant low was established at 9.96 on Jan 19 and that the upmove to 11.95 on Jan 26 represents the initiation of an...

There comes a time when it’s best for everyone who is bullish to step back and take it easy for a while. It’s never great to have markets only going in one direction, even if the move is on small candlesticks....

Nothing terrible, and it may not be too much more, although more would be a good thing for this market so as to unwind things more deeply on the daily charts. When markets start behaving more bullish, it doesn’t just fall...

While the overall market waffles and appears a bit exhausted “up here,” we continue to like Acme Packet (APKT). Both my near- and intermediate-term work argue that APKT ended a major bear phase at its Jan 4 low at...

Apple (AAPL) satisfied my preferred pattern action in reaction to earnings by thrusting above its 3-year upper channel boundary lines at 460-65. But thereafter it failed to hold above the top of the channel. This argues strongly...