Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Cup and Handle

Pattern Description:

The Cup and Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. The cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern has low trading volume. It can be as short as seven weeks and as long as 65 weeks. As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off.
Cup and Handle

Featured Video

Trading with MACD on MetaStock

This video is a brief tutorial about what the Moving Average Convergence Divergence (MACD) is and how to use in in MetaStock Software. The presentation is given by Kevin Nelson a former employee of MetaStock who now heads up his own training firm called BreakAway training.

Featured Article

How to Take a Loss

by Brett N. Steenbarger, Ph.D.
There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don’t see often, however, are books or articles written on how to lose money. “Cut your losers and let your winners run” is commonsensical advice, but how do you determine when a position is a loser? Interestingly, most traders I have seen don’t formulate an answer to this question when they put on a position. They focus on the entry,...

Technical Review

A Death Cross for Carnival Corp.

2024-04-20 by Tim Straiton

Carnival Corp. was the second best performer in the S&P 500 after Nvidia in July 2023, however the company seems to be cruising into darker waters right now. The stock is currently running into oversold territory with the 14 day relative strength index at 32%.

Rising trendline support comes in at 13.18. A death cross  formation has been established with the 200 day moving average now trending downward. It would probably be worth using any upside correction to liquidate long positions. Holders of this stock should be aware that a break of $13 would put focus on the $11 area.


Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site


Site Description:

The way to make money in any market is to buy low and sell high, and VectorVest makes it as easy as it can be. There’s no guesswork. No hunches. No opinions. Just factual, objective trend analysis. Our proven market timing system gets you into the market