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Showing posts with label Technical Analysis. Show all posts
Showing posts with label Technical Analysis. Show all posts

October 12, 2014

Stock Charts - Trucharts.com - Buy/Sell Signal Strategy

TruCharts.com - Auto Buy/Sell Signals using our trade strategies

Here is an example of our buy/sell signal strategy on our site - just by the click of a button:

This picture is for YHOO weekly chart - we had bought the stock based on the weekly buy signal and closed the position this past week.



October 11, 2014

Brief update - TruCharts.com - Week ending 10/14/2014

Brief Update - Week ending - 10/10/2014 - Stock Charts/Stock Scans

Check this chart for biotech ETF IBB - closed below 13 week moving average for 1st time in around 12 weeks. This is a major short - see the MACD and RSI - close your biotech stock positions - this sector is going down - short IBB and biotech sector. We are short GM/HPQ/SNDK and biotech sector.  Next test level will be the 50 week moving average - around $244.  Watch this level closely.

Here is the chart:

IBB ETF - Weekly Chart

October 10, 2014

Stock Charts - Trucharts.com - Blog update 10/10/14

Free Stock Charts - Trucharts.com -  We have been saying sell into rallies and sell biotech stocks.  We are short IBB and GM/HPQ.  Expect this downdraft to continue.  Take profits now. 

October 9, 2014

Stock Charts - FREE - Trucharts.com - BIOTECH SECTOR - Blog Update 10/09/2014

Stock Charts - Stock Scans - TruCharts.com - Here is the chart for XBI and BIB - two biotech ETFs - note the technical weakness in the RSI and MACD indicators.  Take profits in biotech sector - and sell these if you hold these in your portfolio.




September 3, 2014

truCharts.com; Stock Charts update 9/3/2014

Stock Charts - truCharts.com - Update 9/3/2014


The DJIA and the SPY are moving within a very tight range for the last few days since the close above 2000.  There may still be legs in this rally, but we advise taking profits in at least half of your positions and watch oil closely today - coming off an oversold condition - check USO and OIL - we still like these from a technical analysis point of view.  BIOTECH rally is running out of steam here - very overpriced sector and over hyped.  We will go long USO (full disclosure) end of day today and are long TUBE, BIS and YHOO.  We will publish a technical update on the indices this week and show some technical divergences.

TruCharts team
www.trucharts.com