Written by Taurus
on December 21, 2009
This stock technical analysis update on SOL (ReneSola Ltd) is to answer a query from one of our supporter, Matthew. He has been tracking this stock for quite some time, and has recently posted that some of the technical indicators point UP. Let's take a closer look at this stock.
[caption id="attachment_1399" align="aligncenter" width="600" caption="Stock Technical Analysis: SOL"][/caption]
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Written by Taurus
on November 10, 2009
Here is a stock technical analysis on one of the biggest IT company dealing with development, manufacturing, marketing, sales, and support of computer systems and services worldwide - DELL Inc. (DELL).
[caption id="attachment_1353" align="aligncenter" width="600" caption="Stock Technical Analysis: DELL"][/caption]
DELL has been trending up steadily since March this year, and is currently abo...
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Written by Taurus
on November 2, 2009
Hello guys, what a week it has been! It was a pretty bearish week, with the S&P 500 breaking a few supports along the way. Is it time to sell yet? Let's take a closer look!
[caption id="attachment_1344" align="aligncenter" width="600" caption="ETF Market Trends: S&P 500"][/caption]
The S&P 500 has been whipping around the 50-MA for the last couple of days. This 50-MA has been a s...
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Written by Taurus
on October 19, 2009
Hi everyone, here's the weekly technical outlook on the S&P 500. Over the past week, the index managed to break and stay above last week's high of 1,080. It has, however shown some weakness as it approached the next resistance level of 1,100. This level was a critical support/resistance level back during March to October 2004.
[caption id="attachment_1309" align="aligncenter" width="600" ca...
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Written by Taurus
on October 14, 2009
Here is an ETF Market Trend analysis on OIH (Oil Services HOLDRs). The investment holds shares of common stock issued by specified companies that, when initially selected, were involved in the oil service industry.
[caption id="attachment_1293" align="aligncenter" width="600" caption="ETF Market Trend: OIH"][/caption]
Let's take a closer look at the daily chart of OIH. Prices has been trendi...
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Written by Taurus
on October 8, 2009
Here's a stock technical analysis on GOOG (Google Inc.), the technology company that needs no further introduction.
[caption id="attachment_1267" align="aligncenter" width="600" caption="Stock Technical Analysis: GOOG"][/caption]
While many stocks have fallen due to the recent stock market correction, GOOG has proven to be pretty resilient and managed to break out of a bull flag just 2 days ...
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Written by Taurus
on October 6, 2009
Here is a stock technical analysis of GS (Goldman Sachs), a very popular stock pick this week. While the broader stock market is experiencing a correction, this stock has shown much resilience, and is raring to go!
[caption id="attachment_1244" align="aligncenter" width="600" caption="Stock Technical Analysis of GS"][/caption]
Prices have been consolidating for the last two weeks, trending ...
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Written by Taurus
on September 27, 2009
Another request for a stock technical analysis update on LVS , (Las Vegas Sands Corp), so here we go!
[caption id="attachment_1095" align="aligncenter" width="600" caption="Stock Technical Analysis of LVS"][/caption]
While still maintaining its upwards move, LVS has retraced around 23.6% (an important fibonacci level) last week, forming a bull flag (shown in black).
It came close to the u...
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Written by Taurus
on September 17, 2009
Here is a stock technical analysis of IBKR (Interactive Brokers Group) in response to a request! :)
IBKR operates as an automated global electronic market maker and broker. After forming a double bottom in March 2009, stock prices have been trending upwards within a channel, leading to the formation of a bull flag in Aug 2009. The breakout from the bull flag occurred 4 days ago, and was acco...
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Written by Taurus
on September 17, 2009
The UltraShort Dow30 ProShares (DXD) is an ETF that seeks daily investment results corresponding to twice the inverse of the daily performance of the Dow Jones Industrial Average index.
Technical analysis of the DXD daily chart shows an unbroken downtrend since the ETF hit a historical high of $111.09 back in Oct 08. The hourly chart below shows a similar, downward pattern, but it also reveals...
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