The above chart is a 3 year chart. As you can see, IFN is holding the long term uptrend line as support while maintaining the downtrend line as resistance. IFN is and has been under consolidation for sometime now. If we were to consider the MACD divergence,...

This is a 1 yr (weekly) chart of Gold ETF (GLD). As you can see, GLD has cleared its downtrend (Red line) and subsequently found support at the rising trendline (Blue line) which also coincides with the 50 SMA. The break above the downtrendline...

In my March 15 post on DSTI , I had mentioned that this is due for consolidation but positioned to rise on a long run. After meeting with resistance at $5.50 and consolidating for a few weeks now, it is currently trading at $4.30. As you can see...

Omnivision (OVTI) has been on a long downtrend. The volume seems to be disappearing. This months volume is the lowest volume I have seen in months. Aslo notice the MACD divergence. While the divergence is to the upside, the price is moving lower....

Gigamedia has been on a roll for the past year. I think it has had a good run and its time for a pullback. My thinking is based on the following charts. First, the long term chart (2000-2007). It has reached the level last seen during the tech bubble...

The above chart is a 10 month chart of DSTI. The stock has nearly doubled in 2007 but then if you see where it has come from, its not a pretty sight. Lets analyze how it may perform in the coming months. Does it have the fire to break above the downtrend...

Travelzoo stock has been in consolidation mode for the past 8 months with visible resistance at $36. The recent shakeup in the market has not disturbed the stock much. Also, the OBV continues to rise while the stock continues its holding pattern....

Qualcomm's chart is an intersting one. Shown above is a 3yr chart. While considering a shorter time frame (say 1yr chart), it appears attractive. It seems to have cleared the 50 and 200 DMA with increasing volume. There was a follow through day...

Presented above is a 12 months chart. It has been a long 12 months for BRCM. As indicated by the trendlines, it appears that BRCM had cleared the longer as well as the shorter term trendline. I see the activity during mid-nov through early Feb as...

As you can see from the chart above, CDNS has formed a ascending triangle over the past 5 years. The money seems to be flowing into the stock as indicated by the OBV. Generally, it is believed that price follows volume. The volume seems...