Apr 192016
 
TSX Index trading above the 200-day simple moving average
TSX Index will tet resistance at 14,000

TSX Index 3-Year Chart

Reference the last chart analysis for the tsx index.

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“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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Apr 192016
 
Emerging markets ETF (VWO) trading above 40-week moving average
Vanguard Emerging Markets ETF (VWO) 3-Year Weekly Chart showing the breakout above the 200-day simple moving average.

Vanguard Emerging Markets ETF (VWO) 3-Year Weekly Chart

Vanguard FTSE Emerging Markets VWO provides market-cap-weighted exposure to equities from 22 emerging-markets countries. With an annual fee of 0.15%, it is one of the cheapest emerging-markets funds available. Read report.

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“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Apr 182016
 
Near-term uptrend for WestJet with major resistance at $25
Breakout for WestJet on the daily candlestick chart.

WestJet 6-Month Daily Chart

http://www.westjet.com/guest/en/media-investors/

CALGARY, April 6, 2016 /CNW/ – WestJet today announced March 2016 traffic results with a load factor of 83.2 per cent. Revenue passenger miles (RPMs), or traffic, increased 7.4 per cent year-over-year, and capacity, measured in available seat miles (ASMs), grew 5.0 per cent over the same period. The airline flew a record 5.3 million guests in the first quarter, a year-over-year increase of 8.4 per cent or approximately 411,000 additional guests.

http://westjet2.mediaroom.com/index.php?s=43&item=1118

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WestJet trading above the 200-day simple moving average
WestJet moved above the 200-day moving average

WestJet (WJA.TO) 3-Year Weekly Chart

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Apr 182016
 
Walt Disney 6-month daily chart showing the breakout $100

Walt Disney (DIS) 6-Month Chart

Reference the last chart analysis for Walt Disney published February 26, 2016.

https://thewaltdisneycompany.com/investor-relations/

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Apr 172016
 

Dow Jones Industrial Average three-year weekly chart showing the intermediate uptrend. Resistance is at the November, 2015 high around 18,000. A break above 18,000 would indicate a test of the 2015 all-time high of 18,351. MACD, RSI and OBV are confirming the intermediate and near-term uptrend.

Dow Jones Industrial Average three year weekly chart showing the intermediate uptrend. Resistance is at the November, 2015 high around 18,000. A break above 18,000 would indicate a test of the 2015 all-time high of 18,351.

Dow Jones Industrial Average 3-Year Weekly Chart

Reference my last chart analysis for DJIA.

https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Apr 142016
 

I published this daily candlestick chart for IBB to highlight a couple of principles in technical analysis. First, the reversal of roles is an important concept in technical analysis. The $270 resistance point is now support. Second, a retest of the breakout point is common before the stock resumes the near-term uptrend. But, these are guidelines. Everything in technical analysis is about probabilities. A break below support of $270 would change the whole technical picture.

IBB Daily Candlestick Chart  showing the retest at the $270 support zone.

IBB Daily Candlestick Chart

Reference my chart for the breakout of IBB.

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Apr 132016
 
Major downtrend with near-term uptrend with resistance at $12
Canadian oil stocks as represented by the XEG ETF move above the 200-day moving average E

XEG 3-Year Weekly Chart

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Apr 122016
 
Near-term uptrend for the Canadian dollar and above 200-day sma
Tenative breakout for the Canadian dollar at 78.

Canadian Dollar 3-Year Weekly Chart

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Support for the U.S. Dollar Index is 94
Near-term downtrend for the U.S. dollar with support around 94.

U.S. Dollar 3-Year Weekly Chart

https://en.wikipedia.org/wiki/U.S._Dollar_Index

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“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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 Posted by at 10:23 pm