Monthly Archives: May 2016

Ascending triangle for Capital Power (CPX.TO)

Resistance is at $18.50

Capital Power 3-Year Weekly chart showing the ascending triangle

Capital Power 3-Year Weekly chart

http://www.capitalpower.com/About/Pages/default.aspx

______________________________

“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

Positive SSL on a transparent background

<img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" alt="Positive SSL on a transparent background" border="0" />

West Texas Intermediate at resistance of $46.78

A break above $46.78 indicates a near-term target of $50.00

Reference the last chart analysis for West Texas Intermediate.

______________________________

“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

Positive SSL on a transparent background

<img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" alt="Positive SSL on a transparent background" border="0" />

NYAD line confirming the intermediate uptrend

NYAD line confirming the intermediate uptrend.

NYAD Line Daily chart

http://www.investopedia.com/university/marketbreadth/marketbreadth3.asp

______________________________

“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

Positive SSL on a transparent background

<img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" alt="Positive SSL on a transparent background" border="0" />

Intermediate uptrend for Pembina Pipeline

Resistance at $38 and trading above the 200-day moving average

Pembina Pipeline 3-year chart showing the intermediate uptrend with resistance at $38.

Pembina Pipeline 3-Year Chart

http://www.pembina.com/media-centre/news-releases/news-details/?nid=135331

______________________________

“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

Positive SSL on a transparent background

<img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" alt="Positive SSL on a transparent background" border="0" />

Copper below the 200-day moving average: Again!

Major trend is down which does not bode well for the miners

Copper weekly chart showing the close below the 200-day moving average.

Copper 3-Year Weekly Candlestick Chart

Reference a recent post on copper.

______________________________

“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

Positive SSL on a transparent background

<img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" alt="Positive SSL on a transparent background" border="0" />

TSX Index failed at resistance of 14,000

Will now test support at 13,500 close to the 50-day moving average

TSX Index 3-Year Weekly Chart showing the support level of 13,500.

TSX Index 3-Year Weekly Chart

13,500 was resistance on the way up, so it is now support on the way down. The reversal of roles is an important concept in technical analysis.

______________________________

“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

Positive SSL on a transparent background

<img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" alt="Positive SSL on a transparent background" border="0" data-src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" class="lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img decoding="async" title="Positive SSL on a transparent background" src="https://www.positivessl.com/images-new/PositiveSSL_tl_trans.png" alt="Positive SSL on a transparent background" border="0" />