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Alpha Trends

Alpha Trends is dedicated to unbiased technical analysis of momentum stocks or stocks that look poised for a large move in either direction. It is updated by Brian Shannon with video and written technical analysis of the equities markets and individual stocks

for Celgene (CELG) today. I covered my short position this morning at 39.15 (nice gift)and the sketch below is an approximation of how trading could occur today. This is a pattern I have observed in many stocks which gap lower on news. Keep in mind that it is not a prediction of what will happen, bu ... Read more

We live in an age when unnecessary things are our only necessities. ~Oscar Wilde ... Read the full post ... Read more

I have received tons of questions and as of today there is a free resource with VWAP. Free Real Time VWAP Charting from brian shannon on Vimeo ... Read the full post ... Read more

Stock Market Trend Analysis 3/31/09 from brian shannon on Vimeo ... Read the full post ... Read more

gives the shorts something to think about. Qs and IWM the strongest, now testing prior support. ... Read the full post ... Read more

from yesterday's drop. The markets are above the VWAP from the March 10 gap and it appears the bulls aren't quite ready to roll over and die...yet. If you have been trading long this morning, it looks like a good place to tighten stops just below the 5DMA and then monitor the 1 minute charts for sho ... Read more

Stock Investing > Alpha Trends

Truth

Brian Shannon | Tue, 03/31/2009 - 5:23am |  Add a comment

One of the hardest things to teach a child is that the truth is more important than the consequences. ~Q.A. Battista ... Read the full post ... Read more

Since this rally began on March 10th, the buyers have maintained control of the trend as evidenced by the rising Volume Weighted Average Price from that date. The financials have broken below that level and other markets are close to breaking, be careful. ... Read the full post ... Read more

The uptrend lines since this rally began have been broken today, the markets are below the flat/declining 5 DMAs and the VWAP (purple MA) since the rally began is now coming into play. A bounce from these levels will give good indication as to the conviction of the buyers of the recent rally. Be ver ... Read more