Tag Archives: chart

Breakout for WestJet (WJA.TO)

Leave a reply
Near-term uptrend for WestJet with major resistance at $25
Breakout for WestJet on the daily candlestick chart.

WestJet 6-Month Daily Chart

http://www.westjet.com/guest/en/media-investors/

CALGARY, April 6, 2016 /CNW/ – WestJet today announced March 2016 traffic results with a load factor of 83.2 per cent. Revenue passenger miles (RPMs), or traffic, increased 7.4 per cent year-over-year, and capacity, measured in available seat miles (ASMs), grew 5.0 per cent over the same period. The airline flew a record 5.3 million guests in the first quarter, a year-over-year increase of 8.4 per cent or approximately 411,000 additional guests.

http://westjet2.mediaroom.com/index.php?s=43&item=1118

______________________________

WestJet trading above the 200-day simple moving average
WestJet moved above the 200-day moving average

WestJet (WJA.TO) 3-Year Weekly Chart

______________________________

“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

Positive SSL on a transparent background

Breakout for Walt Disney (DIS) at $100

Leave a reply
Walt Disney 6-month daily chart showing the breakout $100

Walt Disney (DIS) 6-Month Chart

Reference the last chart analysis for Walt Disney published February 26, 2016.

https://thewaltdisneycompany.com/investor-relations/

______________________________

“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

Positive SSL on a transparent background

Dow Jones Industrial Average weekly chart

Leave a reply

Dow Jones Industrial Average three-year weekly chart showing the intermediate uptrend. Resistance is at the November, 2015 high around 18,000. A break above 18,000 would indicate a test of the 2015 all-time high of 18,351. MACD, RSI and OBV are confirming the intermediate and near-term uptrend.

Dow Jones Industrial Average three year weekly chart showing the intermediate uptrend. Resistance is at the November, 2015 high around 18,000. A break above 18,000 would indicate a test of the 2015 all-time high of 18,351.

Dow Jones Industrial Average 3-Year Weekly Chart

Reference my last chart analysis for DJIA.

https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

“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

Positive SSL on a transparent background

Oil trading above 200-day simple moving average

Leave a reply
Near-term uptrend: WTI above 200-day sma for the first time since 2014
West Texas Intermediate trading above the 200-day simple moving average for the first time since 2014.

WTI 3-Year Chart

______________________________

“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

Positive SSL on a transparent background

WD-40 (WDFC) long-term chart

Leave a reply

I published the long-term chart for WD-40 as an example of identifying the major uptrend and riding the trend. A simple strategy of staying in the trade above the 40-week simple moving average was a simple winning strategy: enter above 40-week sma and exit below 40-week sma. The consumer staples sector was a winning sector over the past 6 years.

Long-term chart for WD-40 showing the major uptrend.

WD-40 Long-Term Chart (2004-2016)

http://investor.wd40company.com/overview/default.aspx

______________________________

“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

Positive SSL on a transparent background

S&P 500 Index major resistance at 2100

Leave a reply

S&P 500 weekly chart showing major resistance at 2100.

S&P 500 3-Year Candlestick Chart

Reference the last chart analysis for the S&P 500 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

Positive SSL on a transparent background

TSX Index chart analysis

Leave a reply

TSX Index near-term uptrend meeting resistance at 13,500 near the 200-day simple moving average

TSX Index near-term uptrend meeting resistance at 13,500 near the 200-day simple moving average.

TSX Index 3-Year Weekly Candlestick Chart

Reference the last chart analysis for the TSX 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

Positive SSL on a transparent background

World Liquid Fuels Production and Consumption Balance

Leave a reply

The following chart provides a graphical perspective on the liquid fuels production and consumption balance. With all the daily bantering on the networks, the chart provides a base case for a general overview of the imbalance. You can click on the link below the chart for a detailed review of the data and assumptions used in the construction of the chart. Draw your own conclusions and trade accordingly.

Global oil inventories are forecast to increase by an annual average of 1.6 million b/d in 2016 and by an additional 0.6 million b/d in 2017. These inventory builds are larger than previously expected, delaying the rebalancing of the oil market and contributing to lower forecast oil prices. Compared with last month's STEO, EIA has revised forecast supply growth higher for 2016 and revised forecast demand growth lower for both 2016 and 2017. Higher 2016 supply in this month's STEO is based on indications that production is more resilient to lower prices than previously expected. Notably, revisions to historical Russian data, which raised the baseline for Russian production, carry through much of the forecast. Additionally, lower expectations for global economic growth contributed to a reduction in the oil demand forecast.

https://www.eia.gov/forecasts/steo/report/global_oil.cfm

______________________________

“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

Positive SSL on a transparent background