Tag: trade triangle technology

Chart to Watch - Starbucks Corp. (Nasdaq:SBUX)

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 analyzing a different chart using the Trade Triangles and his experience.

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

I hope you are having a GREAT week !

With stocks you use the monthly MarketClub Trade Triangles to tell trend and the weekly MarketClub Trade Triangles to time the entry and exit points.

With the monthly Trade Triangle pointing up and the weekly pointing down Starbucks Corp. (NASDAQ:SBUX) has set up a buying opportunity.

When the weekly Trade Triangle turns red (down) you wait for a new green weekly Trade Triangle (up) and then as long as the monthly Trade Triangle is still green you would go long Starbucks Corp.(NASDAQ:SBUX). Continue reading "Chart to Watch - Starbucks Corp. (Nasdaq:SBUX)" →

Why Trade Triangles Matter For 2014

Posted on by The INO.com Team

Today, I'm going to be looking at two stocks and their recent Trade Triangle signals.

Netflix (NASDAQ:NFLX)

Netflix, Inc. (NASDAQ:NFLX) provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.

Netflix had a recent Trade Triangle exit signal at $359.04 on 1/6/14. The very next day this stock dropped like a brick and shaved 5.58% off the value of this company. That’s why Trade Triangles matter.

Want to analyze Netflix Inc.(NASDAQ:NFLX) or another symbol? Try our Free Stock Trend Analysis Report.

BLACK CHART NUMBERS
1. Weekly Trade Triangle entry signal @ $334.50
2. Trade Triangle information
3. Weekly Trade Triangle entry signal @ $359.04
4. Netflix down 5.58% in one day.

To summarize, I expect Netflix to be on the defensive in the near-term, unless I see otherwise in the Trade Triangle technology. Continue reading "Why Trade Triangles Matter For 2014" →

On My Radar Today - BB&T (NYSE:BBT)

Posted on by The INO.com Team

Today, I'm going to be analyzing the stock of BB&T (NYSE:BBT).

BB&T Corporation is a financial holding company. BB&T conducts its business operations primarily through its commercial bank subsidiary, branch bank, and other non-bank subsidiaries.

Now that we have the basics of how BB&T operates, let's take a look at the chart. The most outstanding feature to me on this chart is the long term trend line. This trend line touches five price points, making it a very powerful and important trend line in the future.

BB&T chart

The RSI is trending over the midpoint 50 line, indicating a strong trend. Plus, all of the Trade Triangles are green and positive. The last major trend Trade Triangle signal was on 12/13/13 at $35.58. Continue reading "On My Radar Today - BB&T (NYSE:BBT)" →

Chart to Watch - (NASDAQ:RGEN)

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 analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Repligen Corporation (NASDAQ:RGEN).

When trading stocks with the MarketClub system you use the monthly Trade Triangle to tell trend and the weekly Trade Triangle to time the trade entry and exits. Continue reading "Chart to Watch - (NASDAQ:RGEN)" →

Chart to Watch - Best Buy (BBY)

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 analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the Best Buy Co.,Inc. (NYSE:BBY).

I hope you are having a GREAT week! Best Buy Co., Inc. (NYSE:BBY) took off in January of this year and has for the most part not looked back making it one of this years biggest winners so far.

It is due for a larger counter trend correction which could have started with the current red weekly Trade Triangle. Continue reading "Chart to Watch - Best Buy (BBY)" →