Canary Jones™ makes a compelling analysis and case for the nearing DOW 18000-20000 using a blend of fundamental and technical analysis. I also argue that we could see one of the last best buying opportunities of our lifetimes. Additionally, I speak on the resilience of the American economy and my bullish predictions for the future.
In this illustration, we observe how various micro patterns can translate into a longer-term macro pattern. With the case of PG, for prevailing micro patterns have progressed in what appears to be a bullish rising channel which has recently broken through. As the longer-term trend unfolds, the micro patterns will form in series of periods of high volatility and...
Examining the Breakout:
Every breakout trade includes a series of structural indicators which signify the various phases of the breakouts progress. In Regards to ROKU, a rising channel was recently broken through causing a massive surge in price valuation. In this analysis we examine these structural indicators so that you too can identify these occurrences and...
Industry:
Google is a Multinational Conglomerate within the Internet Services and Technology Industry.
Assessment:
Looking at Google from a technical market perspective will surely increase shareholder weariness. With steep bullish accumulations and the price bracing near all time highs we can definitely expect an increase of exchange activity. Long Term...
Market Climate:
Neutral. Hold. Going-Long.
Industry:
Internet Services
Indicators:
None
Patterns Identified:
Rising Channel
Broadening Wedge
Facebook stock price has for the better of eight years remained trading within a highly respected bullish rising channel. Similar to other major securities or blue chips currently on the S&P 500 or the Dow...
Assessment:
Neutral Hold- Going Long.
Market Climate:
Bull controlled, increasing volatility.
Industry:
Financial Services
Indicators:
None
Patterns Identified:
Harmonic ABCD
Macro Broadening Wedge
Visa has seen steadily rising bullish accumulation since first breaking out in December 2012. Since then, the security has experienced a change in price...
After identifying a macro bullish giant broadening wedge with the price in a pull-back, we bolstered our previously existing shares by purchasing a 20% larger position. Continuing to hold within our long-term portfolio.
Check out the numerous '' micro patterns '' that develop and establish the '' macro pattern s''. Each element provides a particular insight on the direction of the stocks future trend.
