by Lara | Nov 21, 2017 | AMZN, Education, Public Analysis
Unlike Google, Amazon does not have a neat a trend line. Click chart to enlarge. The solid yellow trend line is Amazon’s equivalent to the Google Forever trend line. The bottom line is that we should assume that Amazon remains in a bull market while price...
by Lara | Oct 31, 2017 | Education, GOOG, Public Analysis
In keeping with the KISS principle, this trend line is very simple. I call it “Google’s Forever Trend Line”. Click chart to enlarge. This trend line has very strong technical significance. It is very long held and has been tested multiple times. It...
by Lara | Sep 21, 2017 | Education, Gold, Public Analysis
Channels drawn using Elliott’s techniques, outlined here, cannot be drawn until a reasonable amount of a wave has completed. There are two techniques to draw a channel about a new movement earlier. 1. BASE CHANNELS Click chart to enlarge. This is the earliest...
by Lara | Sep 20, 2017 | Education
The three basic Elliott Wave channels are: 1. FIRST TECHNIQUE – IMPULSE Click chart to enlarge. Once enough structure is complete to begin to draw an Elliott channel (about one third to halfway through a wave) use the first technique. A trend channel drawn using...
by Lara | Jul 27, 2017 | Education, Public Analysis, S&P500
Trend lines used for support and resistance may have varying degrees of technical significance. Here are three simple rules to use to determine how much significance a trend line has and how much attention to pay to a breach. Click chart to enlarge. The stronger the...
by Lara | Jul 18, 2017 | Gold, Public Analysis
This chart was last published on 9th of July showing a breach of an important trend line. Click chart to enlarge. Price is now bouncing up for another test. There is a little room still for a little more upwards movement, if price wants to come up to kiss the trend...
by Lara | Jul 9, 2017 | Gold, Public Analysis
On June 27th I published a daily chart of Gold with a simple trend line. In that post I posed the question: “How Gold behaves at this trend line in the next few days will be a strong indicator. Does the bull run continue or is it over?” Click chart to...
by Lara | Jun 28, 2017 | Education, Gold, Public Analysis, Reference
One of my favourite Technical Analysis texts is the classic “Technical Analysis of Stock Trends” by Magee. In this book Magee describes how to draw trend lines for bull and bear markets. Click chart to enlarge. To draw a trend line in a bear market draw...
by Lara | Jun 27, 2017 | Education, Gold, Public Analysis, Reference
One of my favourite Technical Analysis texts is the classic “Technical Analysis of Stock Trends” by Magee. In this book Magee describes how to draw trend lines for bull and bear markets. Click chart to enlarge. To draw a trend line in a bull market find...
