In addition to writing for theStreet.com Kamich has been teaching technical analysis at Baruch College for the past twenty years.
Kamich was one of the earliest Chartered Market Technicians or CMTs, a professional designation similar to the CFA title. He has authored two books on charting and technical analysis - "How Technical Analysis Works" and "Chart Patterns." He is a two-time past president of the Market Technicians Association (now called the CMTA), the professional organization for chartists worldwide. He was also the president of the Market Technicians Association Educational Foundation (MTAEF.org).
Recent Articles By The Author
The volume histogram shows that trading or turnover has increased since October and that is a bullish sign.
The level of trading volume has not significantly picked up since the nadir in August.
Shares of MSFT do not look extended so traders should not wait for a correction to go long or add to longs.
Let's see what we might expect.
The drugmaker's shares are up about 50% since last July and could use a rest, but are likely to move higher longer term.
The financial technology company's shares have built a long, solid base that could support a long and strong rally.
The online giant's stock may not make a new high, but a longer-term upside breakout is possible based on its technical signs.