Mar 05 2013 @ 14:16
The Aminex shares (
LSE:AEX) are now technically strong, based on the reasons given below. The bull has shrugged off any possible selling pressure in the markets, therefore covering itself with its preferred buying pressure; just as the onion has its preferred costumes all over its body. The shares traded in some tight range from the […]
Mar 05 2013 @ 12:01
Gulf Keystone (GKP): Repeat of Initial 2013 Bear Trap Targets Towards 240p Again Although technical analysis or at least charting is supposed to be based in part on the notion of history repeating itself, you do not actually see many chartists taking advantage of this idea. The reason for mentioning this idea now in […]
Mar 04 2013 @ 08:30
The markets are pulling back today, the Dow Jones does not look like it will make a new all time high today. Markets are pulling back after China tightened mortgage rules to cool the property market. Chinese real estate companies are down, in Europe stocks are down too. During the recent move down from the […]
Mar 03 2013 @ 22:14
EURUSD Primary trend: Bearish This pair has trended downwards recently, with each intermittent rally providing a great opportunity to sell short. However, the downtrend has not been so strong because the price has hardly gone below the support line at 1.3000. The major bias remains bearish and it ought to continue so. Eventually, the price […]
Mar 03 2013 @ 13:52
AUDNZD: BUY The recent outlook was bearish, but since the middle of February 2013, the price found it difficult to go lower than the accumulation territory at 1.2150. As the price moved sideways while the bear and the bull engaged in some cut-throat struggle, the buying pressure increased. On February 20, 2013, the price crossed […]
Feb 27 2013 @ 19:03
Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting Xcite Energy (
LSE:XEL): Key 50 Day Moving Average Support Targets 120p Plus Given how closely followed Xcite Energy shares are it is probably sensible to hold back on bearish calls so as not to upset the many holders of this stock. But […]
Feb 26 2013 @ 05:20
The yearly outlook on the Bank of America (
NYSE:BAC) for 2013 looks bleak and thus bearish. There has been a sell signal on the chart below. Normally, most market movement in a downtrend has the common result of forcing bulls to smooth their orders, as exit orders are being triggered. The bulls who sustain negativity […]
Feb 26 2013 @ 05:13
Affero Mining (
LSE:AFF) has been in a downtrend and would continue thus. When the price is under serious pressure, you see it start to fluctuate on the chart. The more the pressure is high, the more lasting and more significant the trend would be (as it goes down from an equilibrium zone). The ADX period […]
Feb 25 2013 @ 13:14
EURUSD Primary trend: Bearish The EURUSD traded in a significant downwards move recently – a bias that is ever valid. The indicators on the chart now give a vivid support of the bears’ hegemony. The price has already broken the support line at 1.3300 to the downside, and the next target would be the support […]
Feb 23 2013 @ 15:46
NZDJPY: SELL There is now a bearish possibility on the NZDJPY exotic cross as a result of the analysis given here. On the chart, the EMA period 56 and the RSI period 14 are used. Since the beginning of this year, this cross had been trending upwards, accentuated by vivid higher highs and higher […]