Tire change for Canadian Tire?
Canadian Tire (CTC:TSE) is currently tracing out a top OR a continuation pattern. I'm ready for both scenarios. Check out the monthly candle chart. A monthly candle close under 215…
Dos cervezas, por favor!
iShares MSCI Mexico Investable Mkt Idx (EWW:ARCA) has tested it's +5 year HUGE top formation breakdown line this month. A monthly close below 50 would give a measured move to a 27.50…
Getting SPDR S&P Retail at discount?
Trenches are being drawn for SPDR S&P Retail (XRT:NSYE). The price action is morphing and tracing out a new possible top pattern. Check out the monthly candle chart. I have the breakdown line…
Getting cold in Sweden!
iShares MSCI Sweden Index (EWD:ARCA) is getting testing it's support line of the top formation carved out. A monthly candle close below 30 gives a target of 24.50. Here is the…
Will Cato Corp replay flash breakdown?
Cato Corp (CATO:NYSE) this month flash broke down close to previous support at 23. This has helped morph the chart and give a new possible top formation. Breakdown line now…
Last twit for Twitter!
Breakdown in progress for Twitter (TWTR:NYE). A monthly candle close below 32.50 will give the next measured move applied to the breakdown line for a 15 target. Check the monthly…
Seeing the future with Oracle.
Oracle (ORCL:NYSE) is breaking down on the monthly candle chart. A monthly candle close below 38 will give a target of 31. The weekly candle chart show more of the…
Bigger and better descending channel for GM.
General Motors Company (GM:NYSE) is testing the lower boundaries of it's morphed descending channel. Check this previous post I wrote Feb 11. GM never had a monthly candle close above 38.…
Is it the end of line for Canadian Pacific Railway Limited?
Canadian Pacific Railway Limited (CP:NYSE) has been brought to my attention by a user request. Check out the monthly candle chart. Notice the HUGE +6 year base yielded an 8 months…