Author Archives: Trader

AMC (AMC) Entertainment daily chart

AMC was a featured stock January 27, 2016 when it was trading at $20.92.

AMC Entertainment 6-Month Chart

AMC Entertainment 6-Month Chart

https://tradeonline.ca/2016/01/27/amc-amc-entertainment-holdings-at-major-support/

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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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Doji Star appears on the daily chart for Teck Resources

The doji star is a potent warning when it appears after a sustained uptrend. It is a yellow light indicating caution. And it is close to the 10.00 resistance zone. A gap down on Monday that closes deep into the two prior white candlesticks would complete the evening doji star pattern. If the stock advances on Monday towards the 12.00 resistance zone, the doji star is nullified. Monitor the price action and trade accordingly

6-Month Candlestick Chart showing the doji star

6-Month Candlestick Chart

Reference: A view of the weekly chart for Teck Resources showing the major downtrend but an intermediate and near-term uptrend with the $10.00 resistance zone.

On the plus side:  Copper continues to breakout in a near-term uptrend which bodes well for Teck Resources.

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+33.94% for the week! Intermediate and near-term uptrend

3 Year Weekly Chart

3 Year Weekly Chart

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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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iShares (XEG) S&P/TSX Capped Energy Index ETF

Daily chart of XEG showing the near-term uptrend and the breakout above the 10.00 resistance level. Momentum indicators and volume are confirming the move. But, the major trend and the intermediate trend are both down as you can see on the weekly chart which is below this one.

XEG 6-Month Daily Chart showing near-term uptrend

XEG 6-Month Daily Chart

The iShares S&P/TSX Capped Energy Index ETF seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Energy Index, net of expenses.

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Weekly chart for XEG showing that the major trend and the intermediate trend are both down. XEG will meet heavy resistance around 11 which is near the 40-week moving average.

XEG 3-Year Weekly Chart

XEG 3-Year Weekly Chart

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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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Canadian(TSX) sector performance for the past week

Energy sector up 12.54% last week
Absolute TSX sector performance for the past week.

Absolute TSX Sector Performance for the Past Week

______________________________

“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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Teck Resources at resistance of $10

Intermediate and near-term uptrend as money continues to move into the mining stocks
Teck at resistance of $10

Teck Resources 3-Year Chart

Is this the bottom for Teck Resources published on December 17, 2015

http://www.teck.com/investors/

______________________________

“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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TSX stocks overview for the past two days

Dark green were the hot TSX stocks over the past two days

TSX stocks view for the last 2 days

Click  for a live view

______________________________

“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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Chesapeake Energy (CHK) surges on heavy volume

Daily chart for Chesapeake Energy showing the 25.59% jump today. Money is flowing into the downbeaten energy sector helped by a little bit of short covering

Chesapeake Energy 6-month daily chart

Chesapeake Energy 6-Month Daily Chart

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A view of the weekly chart for Chesapeake Energy.

Chesapeake Energy 3-year weekly chart

Chesapeake Energy 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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US sector performance for the past week

Risk on sectors are the largest gainers

US Sector Performance for the Past Week

Click for a live chart and the ability to drill down into each sector for the the top performers.

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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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