Chart to Watch - SPPI

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 Spectrum Pharmaceuticals, Inc. (SPPI).

As always I hope you are having a GREAT week !

This week let's take a look the MarketClub chart of SPPI.

SPPI made a new price low on a bullish MACD divergence, which is the way trading lows often happen. Continue reading "Chart to Watch - SPPI"

Chart to Watch - SWKS

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 Skyworks Solutions Inc. (SWKS).

This week let's take a look at SWKS which is an absolutely beautiful chart,as the price and volume action is all classic.

SWKS made a double bottom and then traded sideways since the middle of December in a Triangle chart pattern.

Today's action looks to be a break away gap.

Break away gap's are one of the most powerful signs there is, that a stock has made a bottom and will head sharply higher. Continue reading "Chart to Watch - SWKS"

Chart to Watch - JMBA

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 Jamba Inc. (JMBA).

I hope you are having a GREAT week!

This week let's take a look at a low priced stock that looks to have explosive upside potential.

All three MarketClub Trade Triangles Daily, Weekly, and Monthly are pointing up, which means all systems are GO for JMBA as of right now as far as the MarketClub Trade Triangles are concerned.

JMBA has been in a clear up trend and has hit a resistance area.

If JMBA breaks through resistance that will be extremely bullish price action, especially if the move through resistance happens on higher than normal volume, so please keep an eye on the volume, if JMBA continues higher. Continue reading "Chart to Watch - JMBA"

Chart to Watch - March Orange Juice

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 March Orange Juice Futures (OJ.H13.E).

I hope you are having  a GREAT week !

Orange Juice made a big move up off the last low, which put in a weekly and monthly green MarketClub Trade Triangle.

Orange Juice has made a sharp move lower off the high, and the move lower put in red weekly MarketClub Trade Triangle.

Orange Juice may be putting in a higher test of the last low right now, which would be bullish. Continue reading "Chart to Watch - March Orange Juice"

Chart to Watch - STX

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 Seagate Technology Public Limited Company. (STX).

This week let's take a look at STX which looks to have great upside potential.

STX has made a strong move off the low showing that buyers are very interested in this stock right now.

The MACD has crossed the zero line and is trending up which is bullish. Continue reading "Chart to Watch - STX"