Technical Analysis

A Video Rundown of the latest price action for Thomas Cook (LSE:TCG) which you can watch by clicking here   Read Zak’s bullish analysis on Thomas Cook from way back in November in his Amazon eBook bestseller, Lessons From The Financial Markets For 2013 by clicking here

Why should we go short on Thomas Cook (LSE:TCG)? It is because the selling pressure in the market is increasing. There has been some serious short-selling in the market, and certain private traders want to sell accordingly? If an elephant trumpets, would you also expect its calf to trumpet? The price on the chart has […]

Kibo Mining (LSE:KIBO) is currently at a critical level. Would the price turn upwards and assume a protracted uptrend or would just plummet further? The answer is below.   The ADX period 14 is at the level 30 (with the DM- far above the DM+): this shows a strong bearish pressure. The MACD (default parameters) […]

EURUSD Primary trend: Bearish There has been a recent potential reversal on this pair. The bullish reversal is noteworthy, but not significant enough to override the major bearish outlook. It is better to wait for further confirmation before new positions are opened (at least for a few more trading days). Whether the current scenario is […]

GBPCHF: BUY     There is an interesting scenario on the GBPCHF, and this is something that may herald the beginning of a new lease of northward bias. For the most part of this year so far, the price was in a major downtrend. Last week, the price reached a low of 1.39646, being unable […]

  A Video Rundown of three leading AIM Stocks favourites which you can watch by clicking here For more AIM stocks sign up to Zak’s new premium blog AIM Stocks Charting

Shares in Aviva took a dive yesterday after the company cut its dividend. While the news took many by surprise there was always a potential risk the company would cut the dividend. Let’s not forget that a few weeks ago RSA Insurance cut its dividend prompting a sell-off in the share price. A simple observation […]

The market situation on the software giant, Microsoft (NASDAQ:MSFT) tends to discombobulate some trading neophytes. But how the price would eventuate in this year is explained here. On the chart, 4 EMAs are used. They are EMAs 10, 20, 50 and 200 (the color that stands for each EMA is shown at the top left […]

The Aminex shares (LSE:AEX) are now technically strong, based on the reasons given below. The bull has shrugged off any possible selling pressure in the markets, therefore covering itself with its preferred buying pressure; just as the onion has its preferred costumes all over its body. The shares traded in some tight range from the […]

  Gulf Keystone (GKP): Repeat of Initial 2013  Bear Trap Targets Towards 240p Again Although technical analysis or at least charting is supposed to be based in part on the notion of history repeating itself, you do not actually see many chartists taking advantage of this idea. The reason for mentioning this idea now in […]