Equities, Trade

Pattern Play: First Majestic Silver

Bullish breakout from a descending wedge pattern.First Majestic Silver (AG), a company focused on silver production, broke bent the upside of a descending wedge pattern on Monday, September 14th. The breakout was confirmed by price closing above the upper trendline. The MACD line has just crossed above the signal line, a bullish indicator. A wedge […]

Equities, Forex, Indices

Asia Morning: Tech Stocks Lead U.S. Market Higher

Investors were encouraged by a series of big-ticket merger & acquisition deals…On Monday, U.S. stocks closed 1% higher. The Dow Jones Industrial Average rose 327 points (+1.18%) to 27993, the S&P 500 gained 42 points (+1.27%) to 3383, and therefore the Nasdaq 100 rebounded 190 points (+1.72%) to 11277.Investors were encouraged by a series of […]