This is an AZO daily chart. AZO is a fairly expensive stock so it's harder to take a position with any size if you're using your own money and like to trade more than a few hundred shares. Regardless, this is a narrow range 7 setup including today, and an inside day so far. Also note the consolidation pattern. I don't usually include volume studies on these charts, but I included volume on this chart to highlight what classically occurs with volume, ie., decreasing during periods of consolidation. Btw, I use the term "classically" when describing what should occur according to texts. Another term that might work is "optimally", but that seems to be more of an empirical adverb. Anyway, in other words, either word can be used to describe what we mean when we say - "what we should see is...."
A GM daily chart. Nice pattern. If you've been studying Ivica's excellent thread in the Journals Forum you'll have an idea of what the downside taget is in the event of a breakdown in price.
This is a daily chart of PCP. It's an NRID4 setup from yesterday but it also has an interesting bullish candle formation. I forget the name, but it's easy to look up.
AEOS 60 minute chart: This stock moves around a bit. The consolidation might provide an opportunity. Good luck.
Ooops! Just a pic of the camper canvas I had made for my boat. Lol! Thanks Uptik, and btw - darn to good to hear from you. Thanks for the post, I'll change it now.
In the macro-term I don't believe stock markets are manipulated, but when you see charts like this - and you see them all the time - the micro-term suggests a different story. Special thanks to Uptik. Hey jem, do you visit www.yamahajetboaters.com? If not it's a great site.