Chart to Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Dendreon Corp. (DNDN) Continue reading "Chart to Watch"

Chart To Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Starbucks (SBUX)

Last week we were looking at the possibility that SBUX may have been making a double bottom. Continue reading "Chart To Watch"

Chart To Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Starbucks (SBUX)

SBUX made a strong move into the last high made on 04/16/12.

The move down off the high looks to be a counter trend correction as the MarketClub monthly Trade Triangle has stayed on a buy signal. Continue reading "Chart To Watch"

Chart To Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Australian Dollar/Canadian Dollar (AUDCAD).

It is interesting to see that classic chart patterns that were originally used in the stock market like the Head & Shoulders base,play out in all markets including Forex. Continue reading "Chart To Watch"