Whirpool Earnings 7/20/2007

Posted on July 19th, 2007 by TraderX

Whirlpool (NY:WHR) has been a consistent performer over the past two years, and they always seem to beat analyst estimates for about every category.
Even while investors engaged in some profit taking over the past few weeks, the stock has remained in a stable price channel. Trust me, the stock is going to break this channel […]

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Filed under: Chart Patterns, Fundamental Research, Stocks

Descending Triangle (Continuation) Tutorial

Posted on March 4th, 2007 by TraderX

The descending triangle is considered a bearish indicator that typically forms during a downtrend. In this tutorial you will learn how to properly identify, draw and trade a descending triangle.
First, let’s take a look at the chart of Houston Exploration Co. (THX).

Now that we have seen the chart, let me explain the rules for confirming […]

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Filed under: Chart Patterns, Trading Tutorials