Sharper Blog

The Trading Blog for Technical Traders

How Does the Weekend Affect Stock Markets?

If you are one the many wondering how the weekend affects stock markets around the world, here is an answer for you. Stock markets are open Monday to Friday (9:30am to 4pm New York time). If no major news is reported during the weekend, the regular session will resume on Monday and price...


Trading the Earnings - SVU

Supervalu.Inc (SVU). Technical analysis and price action following earnings report. On Tuesday July 27, 2016 the company released a disappointing earnings report. Price opened below the descending trend line, pulled up a few points and then it came down hard. The following two days,...


Follow up Analysis on Supervalu.Inc (SVU)

This is a follow up analysis on a stock we have been watching during this week: Supervalu.Inc (SVU). As of today, some investors are closing positions in preparation of the earning release that is scheduled for Tuesday July 27. The 8 exponential moving average is not longer holding support,...


Trading the Technicals - HAWK

HAWK - After a downtrend that began last year in December, price consolidated for the past five months. On July 8 price bullish energy with a bullish kicker. The bullish energy push price over the upper trend line resistance right around 33.54, reached up to 34.56, and then pulled...


Trading the Technicals - SVU

SVU - Price has been trending down for the past 2 years. On June 28, 2016 price printed a bullish harami candlestick pattern followed by a 9-day bullish run. The bullish energy was strong enough to push price over the upper trend line resistance right around 5.17 The follow up to a...