Category Archives: Stocks

Fortune Minerals(FT.TO) chart with major uptrend

This is a speculative mining play. Fortune Minerals has properties with proven reserves but is currently not generating any revenue. The company relies on the issuance of common shares to fund administrative and development costs. The stock is trading in a lateral trading band between $0.15 and $0.10. A confirmed breakout above resistance of $0.15 could indicate an intermediate target price of $0.45. A break below support around $0.10 near the 40-week moving average would be a signal to liquidate long positions.

Fortune Minerals weekly chart showing major uptrend.

Fortune Minerals Weekly Chart

http://www.fortuneminerals.com/assets/other-projects/

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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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Teck Resources daily chart showing major uptrend

I featured Teck on December 17, 2015: A nice ride for one year!
Teck Resources Daily Chart

Teck Resources Daily Chart

https://tradeonline.ca/2015/12/17/is-this-the-bottom-for-teck-resources/

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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Fortis (FTS.TO) weekly chart showing major uptrend

Fortis has increased its dividend payment to common shareholders every year for 42 consecutive years, longer than any other Canadian public corporation.

Major uptrend for Fortis.

Fortis Weekly chart

https://www.fortisinc.com/investor-relations/faq

______________________________

“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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Bank of America (BAC) will test major resistance of $18

Intermediate uptrend and near-term uptrend for BAC
Bank of America weekly chart showing the intermediate uptred.

BAC Weekly Chart

Bank of America Reports Third-Quarter 2016 Financial Results

______________________________

“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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CRB Index up +22% from the February low

CRB Index Daily Chart

CRB Index Daily Chart

https://en.wikipedia.org/wiki/Thomson_Reuters/Jefferies_CRB_Index

______________________________

“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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Breakout for Vale on above average volume

Vale moved +10.22% for the week
Breakout for Vale on the weekly candlestick chart.

Vale 3-Year Weekly Chart

http://www.vale.com/en/aboutvale/news/pages/3q16-financial-report.aspx

https://en.wikipedia.org/wiki/Vale_(mining_company)

______________________________

“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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Breakout for Suncor (SU)

Suncor daily candlestick chart showing the breakout

http://www.suncor.com/en-CA/Newsroom/News-Releases/2098361

______________________________

“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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