Ascending Triangle

Option Trading in Merck?
I have been watching Merck (MRK) since yesterday. As you probably already know, Merck stock had a massive sell off in October 2004 related to the recall of one its blockbuster drugs. Since that time the stock has been undergoing somewhat of a consolidation from that huge volume washout.
It is looking to […]

I have been thinking about writing this sort of article for a long time. Basically what I want to do is essentially a brain dump of what I believe to be the top 10 mistakes traders make. Surely there are much more than just 10, but for now I am going to seed this post […]

USTT stock breaks out and starts consolidation
This is the ‘After’ part of my ‘Before and After’ feature on USTT. As it turns out USTT did move out of the ascending triangle pattern and it also did so with sufficient volume to make it a valid breakout.
USTT moves 37% from ‘Steam Kettle Pattern’
Everything about the stock […]

Natural Gas to follow crude oil?
I have been studying the natural gas future price chart because of my previous mention of a natural gas stock with symbol NGAS. The stock was mentioned here and here. The price of natural gas has been slowly trickling upwards although it has not done a retest of its late […]

Does Technical Analysis work on the OTCBB?
There has been debate about whether or not Technical analysis works or not on tiny microcap stocks such as those on the OTC BB. I am of the opinion that it does work, however I am also of the opinion that this tiny marketplace is not one to spend […]

I received an email about a week ago from a loyal reader. I was late in responding, but am glad I checked my email because it led to a pretty good analysis which you are about to read right here at Online Trading. I thank him for writing me because it led to this […]

For some reason I have always liked longer term stock charts. It is true that a long term stock chart does not give any satisfication of a quick trade or instant gratification. Instead what it does offer, is a big picture view and maybe some degree of longer term confidence in the true trend of […]