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Popular Stock Charts IN THE NEWS Analysis for ROKU & NUAN

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Chart #1 Candlestick Pattern Analysis Explained 

 
$ROKU


ROKU Run Defies Downtrending Market ROKU gapped and ran in a long white candle pushing through prior highs resistance easily.

ROKU recently had a strong earnings report. This pattern completes the bottom formation.

TC2000.com chart with thanks.

 

Chart #2 Candlestick Pattern Analysis Explained

$NUAN runs out of platform pattern.

NUAN had a strong run out of a platform and rose above previous highs resistance level.

This was on a weak market day. Percent Shares Heeld by Institutions PSHI indicator is high for this stock. It has new technology coming this year.

TC2000.com chart with thanks.

 

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TechniTrader technical analysis using TC2000 charts, courtesy of Worden Bros.

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Exclusive Article in Proactive Advisor Online Magazine by Martha Stokes CMT

"Understanding a Trading-Range Market"

by Martha Stokes CMT

Exclusively available in proactiveadvisormagazine.com

A trading range is a type of correction. A trading-range market condition is simply a wide sideways price action that moves between a low and a high price, looping up and down repeatedly...Read More.

Martha Stokes CMT is the CEO of TechniTrader, a stock market educational company with trading and investing courses for Beginners to Advanced Professionals. Go to the TechniTrader Courses Blog and the Courses Reviews Blog


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 Go to the TechniTrader.com Learning Center

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