Charts to Watch
Yamana Gold (YRI) with equity markets being so strong, it usually correlates to a weaker gold market, but gold continues to rally with many still fearful of cycle and trade risks. Yamaha broke out of the consolation pattern after digesting…
Charts to Watch November 25-November 30th
TMobile (TMUS) T-Mobile looks to have entered a small sideways consolidation after a strong move upwards over the last year. However, it appears as if a head and shoulders pattern is emerging should it break the neckline to the downside….
PG&E Corp – Fire Sale
PG&E Corp (NYSE: PCG) is a major utility operating in California. They recently gained notoriety upon being found liable for the California forest fire. Since PG&E has been in the news nonstop over forest fires, power outages throughout California, court…
Charts to Watch Nov 11- 15th
Imax Imax looks to be on the brink of an upside breakout of the downtrend in the triangle formation, a very bullish sign that has played out all over the market the last few weeks. buy on the break, stop…
Charts to Watch Oct 28- Nov 1st
Gilead (GILD) Gilead is in a nice trading range- sell 68, buy low 60s. can buy this one and set a tight stop below a definitive break of support around 61 for a low risk, 6-10% move. Onex (Onex.to)…
Charts to Watch – Oct 14th- Oct 18th
Viemed (VMD.TO) Viamed looks to be approaching a new all time high as it is at resistance where it failed to break through twice already. the name is looking very overbought, however showing the potential to breakout with another strong…
Charts to Watch-Sept 30-OCT 4th
IAC As a potential bounce candidate, IAC is looking very interesting. The name is looking very oversold for none company specific reasons, and is coming to an area of strong support around 210. This is a fairly volatile name, tied…
Charts to Watch – September 23-27
S & P Global (SPGI) S&P has continued to show strength since the bottom during last December, and has shown no signs of breaking its uptrend. we may see a little bit of consolidation as valuation catches up to the…
Charts to watch- September 16th- 21st
Bausch health (BHC.TO, BHC) Bausch health is looking very interesting with what looks like to be an inverse head and shoulder pattern building on the longer term chart. the base its building is looking very strong, and a breakout of…