Category Archives: Stocks

Energy Select Sector SPDR® Fund (XLE) chart analysis

XLE ETF daily chart showing major downtrend
Daily chart for XLE showing the failure to hold the breakout at 83.

XLE Daily Chart

Energy Select Sector SPDR® Fund

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“Stay with the trend until it ends.”

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.

© 2015 TradeOnline.ca

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iShares S&P/TSX Capped Energy Index ETF chart analysis

XEG ETF weekly chart showing major downtrend
Weekly chart for XEG ETF showing the major downtrend and the failure to hold the breakout at 15.

XEG ETF 3-Year Weekly Chart

Weekly chart for XEG ETF showing the major downtrend and the failure to hold the breakout at 15. Near-term trend is down. If XEG cannot hold 14, the next support level is 13.

http://ca.ishares.com/content/en_ca/repository/resource/fact_sheet/FFS_XEG_CA46428C1005_EN_CA.PDF

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XEG ETS daily chart showing the support and resistance levels
XEG ETF daily chart showing the support and resistance levels.

XEG ETF Daily Chart

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“Stay with the trend until it ends.”

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.

© 2015 TradeOnline.ca

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FXCM daily candlestick chart

Reaction to the end of the Swiss franc’s peg: Wednesday?
FXCM drops on the announcement of the abandonment of the peg by the  Swiss National Bank

FXCM Daily Candlestick Chart

FXCM is a leading global provider of foreign exchange (currency) trading and related services to retail and institutional customers. Founded in 1999, FXCM was the first forex broker to list on the New York Stock Exchange (NYSE: FXCM). Read more………………

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“Always trade in the direction of the major trend”

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.

© 2015 TradeOnline.ca

Veresen (VSN) 3-Year weekly chart

Pipelines having a good week but none better than Veresen
Veresen 3-Year candlestick chart

Veresen (VSN) 3-Year Chart

Veresen is a diversified North American energy infrastructure company that owns assets within three business segments — pipelines, midstream and power.

http://www.vereseninc.com/about-us/

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“It is all 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.

© 2014 TradeOnline.ca

WestJet (WJA) candlestick chart

Tentative breakout for WestJet at 33. Target price 35 to 36
Tentative breakout for WestJet at 33 with a target price of 35 to 36.

WestJet (WJA) 6-Month Daily Chart

Until WestJet holds for a couple of days above 33, I class the breakout as tentative. If it holds, we have a new support reference point. The reversal of roles from resistance to support is a important concept in technical analysis.

Reference my last chart analysis for WestJet published on October 23, 2014.

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A view from the weekly chart showing the major uptrend for WestJet
Weekly chart for WestJet showing the major uptrend.

WestJet 3-Year Weekly Chart

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“It is all 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.

© 2014 TradeOnline.ca

Intel (INTC) 8-Year monthly chart

Intel chart showing the major uptrend and breakout at 35
Intermediate uptrend for Intel with a breakout at 35.00.

Intel 8-Year Monthly Chart

Intermediate uptrend for Intel with a breakout at 35.00.

Reference two previous charts when I was bullish on Intel:

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“Keep it Simple!”

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.

U.S. Natural Gas Fund ETF (UNG) chart analysis

Breakout on daily chart on heavy volume for UNG
Breakout for the United States Natural Gas Fund (UNG) on heavy volume

UNG Daily Chart

Breakout for the United States Natural Gas Fund (UNG) on heavy volume.

Contrast this chart with the one for West Texas Intermediate……………..

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View from the weekly chart showing the resistance levels
Weekly chart for U.S. Natural Gas Fund ETF showing the breakout and the resistance levels.

UNG Weekly Chart

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“It is all 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.

© 2014 TradeOnline.ca