bullish signal
Next Entries »XAO Pull Back?
Tuesday, May 5th, 2009Over the last couple of weeks, the XAO has been consolidating at the 3700 level after a strong bull run. Regardless of whether this is the bottom of the market or not, it’s likely there will be a pull back in the market before it can continue. The question is how far is it going [...]
AMP Bullish? Or Will the Bear Still Win?
Friday, April 24th, 2009AMP has had a strong Bull run over the past few weeks, but the stock shows no signs of strength in the go. This is still a bearish stock. The weekly chart tells the tale. The stock has been in a strong down trend channel for the last 18 months. The recent strong rally [...]
XAO Bottom? 12 Month Downtrend Broken
Friday, April 24th, 2009The XAO has recently broken a 12 month down trend line which will make a Higher Peak (HP). This is an indication it is gaining strength. But is this the bottom? Though the charts are showing some strength there is not enough confirmation to call a bull market yet. Let’ look why. The overall down [...]
Bottom of the Market?
Friday, April 3rd, 2009There is a lot of talk about this being the bottom of the market. So how do we really tell when a bearish stock has become a bullish stock? In previous posts I have spoken about peaks and troughs. Higher Toughs (HT) are an indicator the bulls are in control as each low is higher [...]
BXB – Broken Support lines
Wednesday, April 1st, 2009In small term trading, a go of 2-5% on the price of a stock can produce brilliant results on most styles of trading, options, cfd’s etc. When referring to a clear go, small term traders are looking for that 2-5% go without anything to slow down the stock, such as trend line support or resistance. [...]
Up Trend Channel LGL
Tuesday, March 24th, 2009There are few stocks out there at the moment that are showing clear signs of buyers being in control. But with gold on the rise in these tough times, there are a few gold stocks with bullish trends. LGL has been in an up trend channel for the last 5 months. The weekly chart shows [...]
TZN Short Term Trade
Tuesday, March 24th, 2009TZN is a mining stock that has been hit hard in this bear market, but it’s showing some positive signs, for the small term at least. After coming off a $4.00 high in May 2008, TZN plummeted to a low of $0.31. The stock broke up through a 5 month down tend, came back down, [...]
Short Term Stock Rebound?
Monday, March 23rd, 2009The XAO has had a bull run for the last 2 weeks and people have been calling the bottom. I’m not as quick to do so. There’s still no solid signs of buyers being in full control again. This is more likely to be a dead cat bounce. Why do I say that? Read on [...]
New Crest mining Bullish Signal – NCM
Friday, March 20th, 2009With all the uncertainty in the market, gold is having a brilliant bull run this week. So it stands to reason alot of the gold mining stocks are doing the same. NCM gave a fantastic Bullish signal today. Let’s build the case for a high probability bull go. The last 5 months buyers have been [...]
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