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
None of these observations make it to the mainstream media coverage of the stock market.
A new technical look is warranted.
This is the kind of price performance we expect from cutting-edge technology companies not a chain of burger restaurants.
This looks like a good opportunity to take a fresh look at the charts and indicators of the former 'high flyer'.
Most of our favorite indicators and moving averages are aligned to the downside for shares of this cloud services provider.
Let's check on the charts and indicators to get some trading parameters.
Let's look at the charts and indicators.
Step 1: SMG is in the process of correcting so let it decline more.
Let's fill our eco-friendly water bottle and take a look at the charts and indicators.