ADI, SYNA, CTSH: Different Stocks, Same (Bullish) Wave Pattern
by Editorial Staff
Updated: May 28, 2021
How simple was that?
No waiting for earnings reports. No reading mainstream analysts' "fundamental" research.
Just one simple price pattern -- and now you clearly see the likely trend from here.
Want more lessons like these? Then try our Trader's Classroom for 30 days. Three times a week, editor Jeffrey Kennedy delivers to your screen a new lesson, often with a built-in opportunity in a real market.
Here's how to get instant access.
Many observers are blaming the recent stock-market selloff on the Fed's "hawkish" statements. Yet, learn why the price decline was "in the cards" before Fed officials spoke last week. These two charts are revealing.
In May, lumber prices did a 180 and went from biggest recorded rally to biggest recorded crash. In an unexpected blink, the burst of the lumber bubble forced "hoarders" into "sellers" and bulls into bears.
Our Metals Pro Service anticipated the recent decline in silver, days before the Fed's June 16th announcement. See the chart and forecast for yourself in Chart of the Day.