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Technical Analysis

Watch out JPM on Friday

Watch out JPM on Friday

May 24, 2013 (Chinavestor) JP Morgan's 10% plus run over the last two weeks was too fast, too much, according to the overbought monitor. American Express (NYSE:AXP) on the other hand took a breather and is looking a lot better on the overbought monitor below. his particular monitor keeps an eye on all 30 Dow components from a technical point of view. Come back every day to see the latest developments of some of the most traded stocks on Wall Street.

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Technical Analysis

AXP not CSCO is overbought

AXP not CSCO is overbought May 22, 2013 (Chinavestor) American Express (NYSE:AXP) reached theoretical highs and is expected to take a breather on Wednesday, according to the overbought chart below. Other Dow components are loo...
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Technical Analysis

UTX, JPM overbought

UTX, JPM overbought May 21, 2013 (Chinavestor) United Technologies (NYSE:UTX) and JP Morgan & Chase (NYSE:JPM) dethroned 3M Co. (NYSE:MMM) from the top of the overbought monitor following all 30 Dow components. Shor...
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Technical Analysis

Why CSCO is not moving higher?

Why CSCO is not moving higher? May 17, 2013 (Chinavestor) Short term upside is limited for Cisco Systems (NASDAQ:CSCO) according to the overbought monitor this morning. The stock jumped to $23.89 by Thursday's close and is extreme...
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Technical Analysis

AXP, MMM are overbought

AXP, MMM are overbought May 16, 2013 (Chinavestor) There are two Dow components at the moment that are considered overbought. American Express (NYSE:AXP) is one and 3M Company (NYSE:MMM) is next. Both have reached theoretic...
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