Technical Analysis

The current market situation on Petroneft Resources (LSE:PTR) has now become extremely attractive for traders and investors. The shares price has reached a stage where it would soon favor the bulls. A new long-term bullish wave is expected soon (as the pernicious bearish pressure is repudiated). Then the price would start going up in a […]

The mania continues for the big 3 U.S. new economy plays. This is the latest on the price action: Apple: Apple (NASDAQ:AAPL) shares have been in a rising trend channel on their daily chart since November, with the floor of the channel currently running through around the $655 level just above the 50 day moving […]

Have you been short of banking stocks recently. How is that working out for you? What has been surprising in terms of the banking sector in the recent past is the way that while one would have thought intuitively that the Libor scandal might have done from some or all of the contenders in this […]

On August 1, 2012, I wrote an article about Royal Bank of Scotland Group (LSE:RBS).  In it I said that buyers would gain upper hands, especially following a long period of bearish run. The technical analysis used showed that the stock was supposed to rally after an extended downward movement. The technical reason behind this […]

LEARN FROM MARKET WIZARDS – PART 3 Anton Kreil was born in Liverpool in 1979, into a poor family where money was a very scarce commodity. During his early years, he’d to live through a series of hard times, but at the age of 13, he decided to try whatever he could do to get […]

1. Blinx(BLNX): This is a top notch saucer bottom / cup & handle type reversal for Blinx, with the added bonus being the likely end of day close today back above the 200 day moving average at 56p. A retest of the former March resistance at 90p plus over the next 3-6 weeks would not […]

There is now a perfect opportunity to make money on Aquarius Platinum Limited. The company shares (LSE:AQP) are now ready to take off and skyrocket, following a long period of battering by sellers. This is valid because the more extended the selling pressure is and the more the price finds more robust demand zones, the […]

It is expected that Bellzone Mining Shares (LSE: BZM) will continue to fall lower and lower as explained in this article. Never think a price will not fall any further as a result of being appearing very cheap. Bullish corrections would merely enable sellers to enter the markets at higher prices in the context of […]

The stock price of Red Rock Resources (LSE:RRR) will soon give traders and investors a great opportunity to buy at a very low risk and high reward price. They should start whetting their appetite, because the market would soon resume a long-term journey to the north. The reason behind this would be explained in the […]

All the signs point to Chariot Oil stock (LSE:CHAR) plummeting. Even any supposed positive news might not help the stock to the upside. There are times when fundamental figures would be positive, yet certain stocks would still continue to weaken further. This presumed abnegation of any fundamentals could push the price up (futilely). Bad fundamentals […]