Canadian Penny Stocks Blog

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Entries Tagged ‘Technical Analysis’

Penny Stock Profile: Lakeside Steel

Lakeside Steel is an oil and gas play however they are what many savvy investors look at are the ones making money regardless of the profitability of the companies trying to discover the stuff. They are in the oil and gas services industry. They are manufacturing pipe and mechanical tubing products. Currently they are based […]

TSX Technically Worrisome

The past 5 days have been pretty rough on stock markets. Fundamentally, the chaos in Libya is causing a lot of uncertainty in the investing community so money is getting taking off the table. At the same time the Toronto Stock Exchange was reaching a resistance level as you’ll see in the chart below. For […]

Canadian Stock Market Analysis

The stock market of the past week has shown some strength and is close to breaking through a 6 month high. Does this mean it’s time to invest or time to unload. The answer, as often in investing, is it depends. In the short term it looks like there will be enough resistance and shift […]

TSX Market Technical Outlook

This past week on the Toronto Stock Exchange was a positive one. But is it staying that way? Let’s take a look at some basic technical analysis to see if it is. The week closed a 3 month high and broke through the resistance level. All signs are pointing to a continuing trend upward until […]

Technical Stock Market Outlook

The market volatility is certainly continuing throughout this week. With triple digit moves in both directions it’s difficult to determine where the overall stock market is headed. Unfortunately from a technical analysis perspective it doesn’t look good. Check out this 3 month chart of the TSX. The short term trading range is between 11400 and […]

The Europe Story Isn’t Over Yet

I must admit that I get a kick out of watching Jim Cramer. The flashy entertainment often makes for an amusing time while eating supper. I came across this video today from Jim Cramer talking about Europe and his statement was actually really something that is worth listening to. Some part of Europe will collapse […]

Canadian Stock Market Outlook

Reviewing the Toronto Stock Exchange 6-month chart from a technical analysis perspective.  The analysis shows that the recent channel upward has been significantly broken by last week’s dramatic fall in prices. Market prices have broken through two lower support levels and are now heading towards a 3rd support level.  Barring anything significant news on Greece, […]

Canadian Stock Market Outlook for May

A lot of sentiment is saying that May is going to be a down month for the stock market and while it may be true, we should take a look at the technicals to see if the match up with the fundamental weakness that is permeating the emotions of investors. Both in the short term […]

Technical Analysis By Video

An easy way to pay attention to trading videos! Technorati Tags: penny stocks, stock trading, Technical Analysis

Awesome Free Technical Analysis Trading Videos

The people over at InformedTrades.com really know about being generous with their content.  They have an excellent blog and forum community that is great for anyone to learn, and participate in trading education.  I’ve started going through their videos they have on YouTube and they’re great.  Especially considering the price.  Here’s the first video in […]