Monthly Archives: January 2019

Near-term uptrend for the TSX Index at major resistance

Daily candlestick chart for the TSX Index showing near-term uptrend and major resistance.

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Major uptrend for Cisco in this 6-year chart

https://investor.cisco.com/investor-relations/overview/default.aspx

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Historical prime mortgage rates in Canada

https://www.ratehub.ca/prime-rate

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Palladium is now more expensive than gold

What a run! Will it continue? There will be near-term profit taking and then another entry point.

Palladium chart showing the major uptrend

https://www.barrons.com/articles/palladium-prices-51547753272

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Time to nibble on Power Financial (PWF.TO)

Power Financial just tested and held major support. I like the 6.34% yield. The payout ratio is backed by a strong cashflow. The negatives from a technical perspective include the major downtrend and major resistance at the 200-day.

https://www.powerfinancial.com/en/investors/shareholder-reports/

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Near-term uptrend for S&P 500 and up 13.6% from the December low

S&P 500 cleared resistance at 2600 and it cleared the 50-day average.  The next resistance zone is the downward sloping trendline and the 200-day average.  

Reference my last post on the S&P 500 Index.

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Major downtrend for zinc with intermediate consolidation zone

Major downtrend for zinc in 2018.

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca