The South Korea ETF (EWY) has formed a classic turnaround chart pattern with a Rectangle Bottom break in March, and a break of the 200 day moving average in April.
The 50 day moving average is approaching the 200 day moving average from down below and a Resurrection Cross looks imminent.
The South Korea ETF (EWY) has outperformed by S&P 500 by +600% as of April...
Knight Transportation has formed a giant Ascending Triangle (purple) pattern.
The catalyst that can drive this stock higher is that an improving U.S. consumer (as evidenced by earnings beats last week from Amazon, Dunkin Donuts, Domino's Pizza, etc) and improving U.S. economy in the 2nd half of 2015 will push up demand for trucking transportation services.
The...
Teekay Tankers stock is in a giant Energy Field pattern where the energy builds as the stock consolidates over a long span. The chart shows that the stock is now in a continuation pattern (purple) as it tests critical overhead resistance.
Teekay Tankers trades in the Shipping & Ports industry which is turning around.
The P/B of 1.25 suggests the company’s market...
Fiesta Restaurant Group stock has formed a Bullish Wedge as it's coming out of oversold on the RSI.
A divergence is ongoing between the price of the stock and the EPS forecast. I don't think the divergence will last very long as rising EPS forecast usually translates into a higher stock price fairly quickly. About 60 days ago, the EPS forecast was $0.37. As of...
Celadon Group did a Resurrection Cross of the 50 day moving average crossing above the 200 day moving average back in early January 2015.
The stock has since formed a continuation pattern of a serious of higher highs, and higher lows, off the 50 day moving average.
The bet is that this pattern will continue.
The company has had excellent EPS forecast hikes over...
Almost Family has done a 38.2% Fibonacci Retracement.
Almost Family has grown EPS by +1340% quarter over quarter, and EPS forecasts for this company are rising fast.
This company has had an EPS surprise for the last 8 quarters!
The company has an excellent P/S of 0.8.
The catalyst for growth is that Americans are living longer and that means more home health...
Travelcenters of America just received a 'buy' rating from Brean Capital today. The stock has done a 23.6% Fib retracement from its high.
What I really like about this stock is the incredible EPS forecast growth over the last 60 days. Just 60 days ago the EPS forecast was $0.03. Today that has gone all the way up to $0.23 per share. The stock has yet to fully...
American Woodmark (AMWD) has had the EPS forecast hiked from $0.55 just 30 days ago, to $0.57 within the last few days.
The EPS has increased by +150% quarter over quarter and revenue has been uptrending for 5 years now.
The stock has been in an uptrend since June of 2014 and it continues to power higher on the catalyst that improved home sales and remodeling...
