Thursday, July 24, 2014

MAC DONALDS (MCD) POSSIBLE TRIPLE TOP

















Weekly chart MacDonald's shows potential triple top, especially recent sharp down inspite of overall bullish market.

Tuesday, July 8, 2014

Southwestern Energy (SWN) hitting resistance for fourth time


















Weekly chart of SWN.

Twice hitting resistance 52.69 in 2008 and 2009 respectively; and almost hitting resistance 2011 and now 2014.

The three times that it hit the resistance, the price would retrace 50%.

For 2014, it seems to have already turned down.