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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Stock Technical Analysis: IBKR Breaks Out of Bull Flag, Approaches Resistance

Written by Sidney on August 7, 2009

The stock market rallied today as a result of better than expected job numbers from the US Labor Department, indicating that the recession is slowing.  The unemployment rate dropped a notch to 9.4% in July from 9.5% in June, while job losses in July were less than analysts’ expectations and also significantly better than in June.  The rally today has opened up a few buying opportunities. Ho...

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Stock Market Rally Has Opened Up More Buying Opportunities

Written by Sidney on August 5, 2009

While doing my market research today (Aug 5) using Investor’s Business Daily (IBD), I noted 2 interesting stocks that reached their all time highs, and decided to add them to my watchlist.  IBD offers very detailed stock analysis, and you can get a special offer from my blog. WMS Industries (WMS) On Aug 4, WMS Industries (WMS) stock surged 12% to an all time high of $41.34, at 3 time...

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Stock Technical Analysis: Stocks That Reached All Time Highs