Tag Archives: candlestick chart

Potential major breakout for Teck Resources at $34.00

I recommended and took a major position in Teck Resources on December 17, 2015 below $5.00

Major breakout for Teck Resources at $34.00

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

https://www.teck.com/investors/

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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

Natural Gas at major support around $2.60 MMBtu

Natural Gas three year chart showing major support around $2.60.

The following is an excellent site for research: Natural Gas Weekly Update

Weekly natural gas rig count

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“What is the major tend? What is the intermediate trend? What is the near-term trend?”
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

Bitcoin chart 2010 to 2017 which is $100 to $24,540,143

Bitcoin long-term chart for 2010 to 2017

https://www.coindesk.com/price/

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“Technical Analysis is about identifying and following the appropriate trend.”
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

Russell 2000 closes below 200-day average

Can it hold major support around 1350?

Russell 2000 closes below the 200-day average. Major support level is now around 1350.

Russell 2000 3-Year Weekly Chart

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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

Adjusted or unadjusted charts in stockcharts.com?

Stockcharts.com displays adjusted charts as a default. The data is adjusted by adding dividends back into the stock price. When a company pays a relatively high dividend, this has a dramatic impact on the weekly chart. It is my opinion that unadjusted charts should be used in technical analysis. The following three-year weekly charts for Dream Office REIT highlight the impact of using adjusted charts. What chart would you use for your chart analysis? Or, does it matter?

Dream Office REIT 3-Year Weekly adjusted chart

Dream Office REIT 3-Year Weekly adjusted chart

http://stockcharts.com/articles/mailbag/2014/11/what-is-the-difference-between-adjusted-and-unadjusted-data.html?

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The following chart uses unadjusted data and this is the chart I would use for my technical analysis

Dream Office REIT 3-Year weekly unadjusted Chart

Dream Office REIT 3-Year weekly unadjusted Chart

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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

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

10-Year US Treasury Yield closes below major support of 2.30%

10-Year US Treasury Yield daily candlestick chart showing the break blow support of 2.30%.

Chart showing the 10-Year US Treasury Yield on a 9-month daily candlestick chart

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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