Category Archives: Stocks

Transcontinental chart showing the major uptrend

Chart for Transcontinental showing the major uptrend.

Transcontinental 4-Year Weekly Chart Based on the Elder Impulse System

http://tctranscontinental.com/

2016 Annual Report

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Breakout for Metro (MRU.TO) after quarterly release

Metro 10-month daily chart showing the breakout after the quarterly release. Metro will test major resistance at 48. RSI and MACD are confirming the intermediate uptrend and near-term uptrend.

Metro 10-Month daily chart showing the breakout after the quarterly release. Metro will test major resistance at 48.

Metro (MRU.TO) 10-Month Daily Chart

Sales in the second quarter of 2017 reached $2,902.4 million, up 0.7% compared to $2,882.0 million in the second quarter of 2016. Same-store sales were up 0.3% (5.0% in the same quarter last year). Our food basket experienced more deflation than in the previous quarter, at about 2.0% (inflation of 3.0% last year), which largely explains our modest sales growth.

We realized net earnings of $132.4 million in the second quarter of 2017, an increase of 6.0% from $124.9 million for the corresponding quarter of 2016, and fully diluted net earnings per share of $0.56 versus $0.51 in 2016, an increase of 9.8%. Read more of the report………..

Metro Inc’s surging profit beats expectations as cost controls pay off.   Link to the article.

http://corpo.metro.ca/en/investor-relations.html

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Bank of America (BAC) testing major support at $22

Major uptrend and intermediate uptrend for Bank of America. The near-term downtrend is testing the $22 support level. This could be an entry point.

Bank of America 3-Year Weekly Candlestick Chart at major support around $22.

Bank of America 3-Year Weekly Candlestick Chart

Click here for a live version of the weekly candlestick chart for Bank of America.

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Morgan Stanley (MS) chart analysis

Morgan Stanley is near the major support level of 40 just before the first quarter release

Morgan Stanley (MU) three-year chart based on the Elder Impulse System and showing the major support level around 40.

Morgan Stanley 3-Year Chart

Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. Reference Wikipedia

April 19, 2017: Morgan Stanley’s quarterly profit surges on trading gains

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Major uptrend for Intertape Polymer (ITP.TO)

Major uptrend continues for Intertape Polymer

Intertape Polymer Group (ITP.TO) 3-Year Weekly Chart

Reference the financials for Intertape Polymer.

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Apple (AAPL) weekly chart

Intermediate uptrend as we approach the 10th anniversary for iPhone

Apple weekly chart showing the intermediate uptrend.

Apple (AAPL) Weekly Chart

On January 9, 2007, Steve Jobs announced the iPhone at the Macworld convention, receiving substantial media attention. Jobs announced that the first iPhone would be released later that year. On June 29, 2007, the first iPhone was released.

http://investor.apple.com/financials.cfm

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note:  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.

© 2017 TradeOnline.ca

Breakout for Fortune Minerals (FT.TO) on huge volume

Breakout for Fortune Minerals

Fortune Minerals Weekly chart

Reference my last post on Fortune Minerals.

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note: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.

© 2017 TradeOnline.ca