Featured Entry

• 

  Double Bottom Formation

  February 3rd 2010 | Posted by Mentor

  Double Bottom Formation on stock charts indicates that the trend of that stock is getting ready for a major reversal. Double bottoms, in contrary to double tops, are always considered bullish. When this pattern appears on a chart, a Forex, Stock, Commodity or an Index, [...]
• 

  Support and Resistance

  February 1st 2010 | Posted by Mentor

  You may have heard the expression “The stock is trading at support levels.” Or “The stock is approaching resistance.” You’ve probably wondered how do you find these support and resistance levels and how can you use these levels to help you in your quest for [...]
• 

  Technical Analysis Explained

  February 1st 2010 | Posted by Mentor

  What is technical analysis? It is a term often misunderstood by many. I have heard arguments that go as far as calling technical analysis as a mystical art which compares to tea leaf reading. Nothing annoys me more, honestly then when I see the two being compared side [...]
• 

  Technical Analysis – ABC Down Formation

  January 1st 2010 | Posted by Mentor

  ABC Down Formation is a technical analysis formation used not only to predict entry and exit points on a trade, but also to determine potential targets. Knowing stock target helps us determine risk/reward ratio. One can not determine risk/reward ratio without knowing, [...]