Tag: profittrading.com

Chart To Watch

Posted on by The INO.com Team

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

Posted on by The INO.com Team

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" →

Chart to watch

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of Stocks 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 GOOG.

With a Market Club score of 90, all 3 time frames
monthly, weekly, and daily are pointing down as of right now.

The monthly Market Club trend arrow
just put in a sell signal for GOOG today, 05/31/12. Continue reading "Chart to watch" →