This weekly chart of Zijin Mining (2899.hk) is an excellent example illustrating various technical analysis concepts: 1) Moving averages as a roadmap that provides direction, support. 2) Chart pattern reveals continuation (base building) or reversal. 3) Volume as an excellent companion of price movement.
EEM ETF has spent the last 3 months above a prominent 6-year resistance. This could be a sustainable development. At face value, I feel it is more attractive than stocks in countries that are only driven by financial expansion.
XLP fell out of a 9-year trend line after printing a Head and Shoulders bearish reversal pattern. This could be a real break. XLP and XLRE are leading indicators of stock market bearishness.
Professional Breakout Trading System is a Forex intraday mechanical strategy which aims at capturing big volatile and explosive moves on EURUSD. Designed for MT4.
Yangzijiang Shipbuilding. YZJ has a very prominent triangle which hints bearish. Yet the stock has printed a new 52-week high. How will readers tackle conflicting signals like this? Also case study of Starhub.