MMYT Makemytrip – Bullish Up-Trend For India Travel Stock Continues

December 4, 2014

The Bull Market in India is still alive and kicking. A travel stock I highlighted early on was Uptrend just started with MMYT – Makemytrip. The current set-up for MMYT – Makemytrip is very bullish and odds are the up-trend will continue. Ideally the stock should start to move right now on its way toward the [...]

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QTWO Q2 Holdings – Bullish All Time High Stock Trade Idea

December 1, 2014

Bullish looking stock trade idea. The chart says it all. Great overall pattern pressure. Then the earnings related break out to new all time highs on huge volume. Then the tight and bullish consolidation we are witnessing now. Odds are QTWO – Q2 Holdings will resume its new uptrend in ABC pattern fashion very soon. [...]

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FNV Franco Nevada – A Gold Stock Traders Need To Follow – Youtube Video Analysis

November 26, 2014

I can’t remember how often I have stressed the importance of monitoring the strongest stocks like FNV – Franco Nevada and RGLD – Royal Gold within the gold mining sector. The idea behind that concept is to gauge a market’s or a sector’s health. How many stocks are able to print new all time highs? [...]

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CLGRF CRJ.TO Claude Resources – Gold Miner Bullish Bottoming Reversal Pattern

November 25, 2014

The two gold miners I like best right now are RIC – Richmont Mines and CLGRF / CJR.TO Claude Resources. CLGRF has put in a bottoming formation that looks similar to RIC. Keep this in mind: The chart has put in a series of higher lows and is not attempting to put in a V-bottom [...]

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SLV Silver ETF Technical Outlook – Youtube Video Analysis

November 25, 2014

The Silver technicals have slightly improved, but Silver is still in a falling tops downtrend. Here is my original Silver Falling Tops Chart Analysis. You might want to review it before you watch the video. If there is one thing I have learned during conversations with readers, then it is the following: 95% are overwhelmed [...]

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Nikkei 225 Index Japan – Video Analysis With Technical Chart Price Targets

November 22, 2014

After doing a bullish chart analysis of DXJ the currency hedged Japan ETF I decided to add the Nikkei Index to my public chart list. Here’s a quick 2 minute video explaining the ABC move concept I talk about so often: An initial thrusting move, followed by a consolidation pattern and the resumption of the [...]

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INFN Infinera – Fiber Optic Stock With Bullish Technical Price Targets

November 21, 2014

Just wanted to quickly highlight a very constructive weekly chart pattern displaying a high volume thrusting move resembling a high pole and the ensuing flag consolidation. A classic ABC move chart pattern in the making. A resumption of the trend would imply a 19$ target. A more conservative target around 16$ looks perfectly reasonable. The [...]

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RIC Richmont Mines Chart Update With Price Target

November 20, 2014

This gold mining stock is clearly one of the best performers. RIC – Richmont Mines might very well be the Needle In the Golden Haystack. Yesterday, the miners were drowning in a sea of red. RIC was one of the very few that managed to close the day in the green. There is no need [...]

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CENX Century Aluminum Setting Up For A Bull Run – Watch List Candidate

November 20, 2014

This stock is setting up nicely for a run higher. It is not ready for prime time yet, but this is a great watch list candidate. One to monitor while the ascending triangle continues to form. I drew the scenario I deem to be the most likely one into the chart. Here are the reasons [...]

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RIC Richmont Mines – Needle In The Golden Haystack

November 17, 2014

The beaten down gold mining sector is showing its first signs of life. Odds are we’re witnessing the early stages of an intermediate term bounce. Maybe this is the start of something much more meaningful. Let’s not get carried away though. The downtrend is still firmly in place, so ultimately new lows cannot be ruled [...]

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