Weekly Chart Gallery

Below are some charts we posted on Twitter and StockTwits this week. 

140829amzn

 

140828twtr

 

140828tsla

 

140828gpro

 

140827mnkd

 

140827lvs

 

140827lnkd

 

140827gdx

 

140827ddd

 

140826nflx

 

140826bidu

 

140825spxSR

 

140825soda

 

140825jcp

 

140825gm

 

140825gluu

 

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Comments

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RRD 9 years ago Member's comment
Corporate buy-back gifts, QE stimulus packages, such packages ending in 60 days in the U.S., have any material substance as to technical analysis? The U.S. news media calculated into technicals? Wedge break-out coming. Pick red or black for the Roulette spin. I pick black. A correction is over due and needed technically. Fundamental indicators, such as GDP and PMI's, support technical wedge to break down. Liquidity is the theme, in my opinion. Deflationary forces rule. Russian sanctions are creaming the EU community. If every American business broadcaster or U.S. investor researched the Balkan area near by as to location of Ukraine they may come to understand this territory war is not new. It's 8,500 years running. Google the Kingdom of Serbia and research the South Stream gas lines from Russia to Europe. Research the Banking crisis in Bulgaria where bank depositors since June are still "frozen". See where South Stream gas lines were to be constructed. See past the mom & pop local news. Technical charts have little merit, other than wedges, before geopolitical events. Scan those into technical charts. Technical charts provide one thing: momentum of direction. Wedges provide no direction. That's when fundamentals are equally important as to decipher breakout direction. If the Central Banks had any glue how to handle this crisis they would have been prepared rather than recently alarmed today that U.S. induced sanctions would further disintegrate their combined fiscal efforts since 2008. CHARTS? There are no chart answers to this monetary mess. SOLUTION: LOCK IN PROFITS.