Molson Coors 5-Year Chart

Positive article in Barron’s for Molson Coors: $100?

Molson Coors should get a pop from the Barron's article

Molson Coors 5-Year Chart

Always trade in the direction of the prevailing trend. There are three trends: major trend, intermediate trend, and near-term trend. Yes, the stock maybe a little overbought but better than trying to trade an oversold dog.

Reference the Barron’s article: Gains Are on Tap at Molson Coors

______________________________

“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.

TransCanada long-term chart (1988-2014)

Pipeline Giant TransCanada Could Rise 35%

TransCanada Pipeline long-term chart.  Features in Barron's .

Should get a pop from the story in Barron’s. The long-term chart (from 2000) looks impressive. What more can I say? Let the chart speak for itself.

The controversial Keystone XL pipeline, which would transport oil from Alberta to refineries in the U.S. Midwest and Gulf Coast, has been held up for four years by political and environmental red tape. But that hasn’t slowed the growth of TransCanada, one of North America’s largest energy- pipeline companies. Even without the $5.4 billion Keystone XL, the Canadian pipeline giant has an industry-leading $30 billion backlog of projects in the works……………….

______________________________

“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.

TSX Index long-term chart

TSX long-term logarithmic chart

TSX Index Chart 1988 – 2014

______________________________

“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.

S&P 500 chart analysis

Major uptrend still in effect for the S&P 500. But how long more will it last?
S&P 500 chart analysis showing the trendline.

S&P 500 5-Year Weekly Chart

There is a high probability the S&P 500 will test the trendline which is the 200-day simple moving average.

______________________________

“The trend is your friend 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.

TSX Index chart analysis

Intermediate uptrend for the TSX Index

Intermediate uptrend for the TSX Index with major resistance at 15,000

Intermediate trend is up for the Canadian market with major resistance at the 2008 high of 15,154. I use the round number of 15,000 and will set my alerts at this point.

Reference the last chart analysis for the TSX Index showing the support levels. Note that the 14,500 level was a resistance point on this chart. It is now a support level. The reversal of roles is an important concept in technical analysis.

S&P/TSX Composite Index

______________________________

“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.