Technical Analysis

There is a bearish signal on New World Oil and Gas (LSE:NEW) as explained below. This means that the caparisoned bears have left the bulls in utter discomfiture. As a speculator we would do well to bet on what the price is doing. Technical Forecast In some cases, there could be irrationality in the market. […]

Gold is stalling and my only concern is that everyone seems hooked on Gold. We have a number of “hype merchants” trying to cash in on a never ending rally – I won’t mention any names but I would be interested in hearing from anyone who is involved. Gold continues to look a no-brainer. Even […]

There is no poisonous fundamental argument to accompany the technicals here at Apple (NASDAQ:AAPL), and no being contrarian for the sake of it. There is not even the comment that after iPhone 5 the market is in one of those “it is better to travel than arrive” positions as far as Apple is concerned. It […]

Sound Oil stock (LSE:SOU) has become attractive for lovers of trading and investing. Following a very serious and long-term bearish market, a strong rally took place early this week, as the bearish era peters out. The stock is now expected to continue going up, though that does not mean there cannot be bearish candles. There […]

There is a BUY signal on Petrel Resources (LSE:PET). This market is in an intriguing situation as buying pressures now exist on the stock. Pressure is what makes a market move in a direction, and it showcases what bulls and bears are doing and the kind of emotions they have. What is happening on the […]

Sound Oil (LSE:SOU) 3 In 1 On The Charting Buy Argument While the stock market seems to have gone crazy on the fundamentals of Sound Oil in terms of the fundamentals, and the likelihood of gas production by the end of the year, the technicals are if anything even more rosy. This is said on […]

It is expected that the Create Resources Holdings stock (LSE:CRHL) will rise as explained below. Bears do not have any chance here any more! It is high time sellers smoothed their positions and changed their bias (or else they will be caught in a wrong direction). What is bad news for sellers is good news […]

Iofina PLC shares (LSE:IOF) are expected to continue going up from the upward breakout that occurred on August 24, 2012. Brave speculators stand a chance to harvest financial rewards from this market. The present price situation is testing the courage of investors and traders, no matter the type of trading approach and knowledge possessed. Normally, […]

The current market situation on Petroneft Resources (LSE:PTR) has now become extremely attractive for traders and investors. The shares price has reached a stage where it would soon favor the bulls. A new long-term bullish wave is expected soon (as the pernicious bearish pressure is repudiated). Then the price would start going up in a […]

The mania continues for the big 3 U.S. new economy plays. This is the latest on the price action: Apple: Apple (NASDAQ:AAPL) shares have been in a rising trend channel on their daily chart since November, with the floor of the channel currently running through around the $655 level just above the 50 day moving […]