Tag Archives: candlestick chart

TSX Index chart showing Fibonacci retracement points

Major support zone for the TSX Index
TSX Index Fibonacci retracement points.  Must hold this major support zone or there could be a test of the June, 2013 low.

TSX Index 3-Year Weekly Chart

TSX Index Fibonacci retracement points. Must hold this major support zone or there could be a test of the June, 2013 low.

Reference the last chart analysis for the TSX Index.

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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

Gold 3-Year weekly chart

Maybe a breakout for gold above resistance of 1200
Gold weekly chart showing a breakout at 1200

Gold 3-Year Weekly Chart

Reference the last chart analysis for gold.

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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

TSX Index daily chart analysis

Negative technical profile for the TSX with support at 14,400
Daily chart for the TSX Index showing the near-term downtrend and support at 14,400

TSX Index Daily Chart

Reference the last chart analysis for the TSX Index.

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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

United States Oil Fund ETF (USO) chart analysis

Major support level for USO is 29
USO weekly chart showing the critical support level of 29. The intermediate trend is down.

USO 3-Year Weekly Chart

Reference the last chart analysis for WTI.

News release for November 5, 2014: OPEC sees bigger output drop

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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

ATS Automation Tooling Systems chart analysis

Positive reaction to the earnings release

Chart analysis for ATS showing the positive reaction to the earnings release on heavy volume.  The intermediate target price is identified on the chart.  MACD is confirming the near-term uptrend.

Chart analysis for ATS showing the positive reaction to the earnings release on heavy volume. The intermediate target price is identified on the chart. MACD is confirming the near-term uptrend.

Review the details for the earnings release.

______________________________

“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

iShares MSCI Japan ETF weekly chart

Near-term uptrend for EWJ with resiatance at 12.25

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Near-term uptrend for EWJ. Bullish white candlestick for the week with a shaven head and shaven bottom. Will test major resistance of 12.25.

iShares MSCI Japan ETF

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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