Well it’s been a long time once again since I’ve posted here so realistically consistent posting probably isn’t going to happen. All my time these days is spent with Bumblejax which has been a terrific journey and remains my passion, but I miss the stock analysis and trading which I have only dabbled in the past few years. However, the decision to step away from the market was the best decision ever for both my … Read the rest
Category Archives: Charts
Facebook (FB) Stock Chart Update: Bearish Break Down
Facebook (FB) stock has had quite a run since its Q3 earnings report back in late October. After that report I mentioned that a floor was likely in the stock and that a run was likely setting up:
“Technically, FB stock base been trying to find a bottom to a base for several months and the gap up move tomorrow morning may just be the beginning of a sustained move. However, as mentioned above, I … Read the rest
Zynga (ZNGA) Shares Setting Up Nicely Off Bottom
It’s been a rough go for shares of Zynga (ZNGA) since the company debuted, but there is daylight. After bottoming out around the $2 level late last year the stock began to inch higher above the first major resistance area of the 50 day moving average for the first time since the correction again. It held that new level of support for a few months before showing signs of significant buy interest just in the … Read the rest