CENTRAIS ELETRICAS BRASILEIRAS SA (ELET3.SA)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section a rectangle continuation chart pattern opportunity, listed on the Sao Paulo Stock Exchange.

CENTRAIS ELETRICAS BRASILEIRAS SA (ELET3.SA)

Centrais Eletricas Brasileiras S.A. (Eletrobras) is a power generation company. The Company operates in the generation, transmission, distribution and trading segments. The stock is listed on the Sao Paulo Stock Exchange. Price chart formed a 4 month-long rectangle with the horizontal boundary acting as resistance at 37.15 levels. The horizontal boundary was tested several times over the course of the chart pattern. A daily close above 38.25 levels will confirm the breakout from the 4 month-long rectangle with the possible chart pattern price target of 44.50 levels. Breakout can push the stock to all-time highs. Data as of 10/07/2019, EST 12:20 PM


Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

  • Global Equities Report. Delivered weekly.
  • Classical charting principles. Learn patterns and setups.
  • Actionable information. Worldwide indices and stocks of interest.
  • Risk management advice. The important trading points of each chart.
  • Information on breakout opportunities. Identify the ones you want to take action on.
  • Video tutorials. How patterns form and why they succeed or fail.
  • Watch list alerts. As they become available so you can act quickly.
  • Breakout alerts. Usually once a week.
  • Access to everything (now and as it becomes available)
    o Reports
    o Videos and video series
  • Multi-part webinar course. You learn the 8 most common charting principles.
  • Webinars. Actionable and timely advice on breaking out chart patterns.

For your convenience your membership auto renews each year.

Get Access Now

CUP & HANDLE OPPORTUNITIES

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the breakout and watchlist sections two bullish cup & handle continuation chart pattern opportunities, listed on the Nasdaq Stock Exchange. You will also find an educational video on cup & handle chart pattern.

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iShares GOLD ETF (IAU)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the review section the iShares GOLD ETF (IAU), listed on the New York Stock Exchange.

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SYSTEMAX INC (SYX)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section SYSTEMAX INC., listed on the New York Stock Exchange.

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SUPPORT & RESISTANCE

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section ADVANCE AUTO PARTS, listed on the New York Stock Exchange.

ADVANCE AUTO PARTS INC (AAP)

Advance Auto Parts, Inc. provides automotive aftermarket parts in North America, serving do-it-for-me (Professional) and do-it-yourself (DIY), customers. The Company’s stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The stock is listed on the Nasdaq Stock Exchange. Price chart formed a 7 month-long rectangle with the upper boundary acting as resistance at 182 and the lower boundary as support at 150 levels. Both boundaries were tested several times over the course of the chart pattern. A daily close below 145.5 levels will confirm the breakdown from the 7 month-long rectangle with the possible chart pattern price target of 124 levels. Rectangle can act as a reversal as well as a continuation. Until there is a breakout above 182 levels or a breakdown below 150 levels the chart pattern offers a trading opportunity between the boundaries. (Data as of 04/06/2019 EST 12:30 pm)


Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

  • Global Equities Report. Delivered weekly.
  • Classical charting principles. Learn patterns and setups.
  • Actionable information. Worldwide indices and stocks of interest.
  • Risk management advice. The important trading points of each chart.
  • Information on breakout opportunities. Identify the ones you want to take action on.
  • Video tutorials. How patterns form and why they succeed or fail.
  • Watch list alerts. As they become available so you can act quickly.
  • Breakout alerts. Usually once a week.
  • Access to everything (now and as it becomes available)
    o Reports
    o Videos and video series
  • Multi-part webinar course. You learn the 8 most common charting principles.
  • Webinars. Actionable and timely advice on breaking out chart patterns.

For your convenience your membership auto renews each year.

Get Access Now

 

KINDEN CORP (1944.T)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section KINDEN CORP., listed on the Nikkei Stock Exchange.

KINDEN CORP (1944.T)

KINDEN CORPORATION is a Japan-based construction company. The stock is listed on the Tokyo Stock Exchange. Price chart formed a 19 month-long rectangle with the lower boundary acting as strong support at 1,670 levels and the upper boundary as resistance at 1,940 levels. KINDEN CORPORATION is trading between well-defined chart pattern boundaries. Multi-month long rectangle chart pattern with well-defined horizontal boundaries is offering good trading opportunity. A daily close below 1,620 levels can confirm the rectangle chart pattern as a top reversal with the possible chart pattern price target of 1,435 levels. Breakdown after several tests of chart pattern boundary can be followed by a strong directional move. Data as of 28/05/2019


Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

  • Global Equities Report. Delivered weekly.
  • Classical charting principles. Learn patterns and setups.
  • Actionable information. Worldwide indices and stocks of interest.
  • Risk management advice. The important trading points of each chart.
  • Information on breakout opportunities. Identify the ones you want to take action on.
  • Video tutorials. How patterns form and why they succeed or fail.
  • Watch list alerts. As they become available so you can act quickly.
  • Breakout alerts. Usually once a week.
  • Access to everything (now and as it becomes available)
    o Reports
    o Videos and video series
  • Multi-part webinar course. You learn the 8 most common charting principles.
  • Webinars. Actionable and timely advice on breaking out chart patterns.

For your convenience your membership auto renews each year.

Get Access Now

 

SYSTEMAX INC (SYX)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section SYSTEMAX INC., listed on the New York Stock Exchange.

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CITRIX SYSTEMS INC (CTXS.O)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section CITRIX SYSTEMS INC., listed on the Nasdaq Stock Exchange.

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RECTANGLE CHART PATTERNS – DUBAI SEMINAR

Around this time last year, I was one of the presenters at the Dubai Trader’s Summit organized by MetaStock. I discussed several classical chart patterns. The even was not recorded. I created several educational videos to share with Tech Charts members and followers who didn’t have the chance to attend the event. Below is one of those parts on my favorite classical chart pattern setup. It is hosted on Tech Charts You Tube page. If you haven’t subscribed to our free You Tube page, I suggest you do so, as we will be uploading more free resources.

Tech Charts Membership

By becoming a Premium Member, you’ll be able to improve your knowledge of the principles of classical charting.

With this knowledge, you can merge them with your investing system. In fact, some investors use my analyses to modify their existing style to invest more efficiently and successfully.

Get Access Now

As a Premium Member of Aksel Kibar’s Tech Charts,

You will receive:

  • Global Equities Report. Delivered weekly.
  • Classical charting principles. Learn patterns and setups.
  • Actionable information. Worldwide indices and stocks of interest.
  • Risk management advice. The important trading points of each chart.
  • Information on breakout opportunities. Identify the ones you want to take action on.
  • Video tutorials. How patterns form and why they succeed or fail.
  • Watch list alerts. As they become available so you can act quickly.
  • Breakout alerts. Usually once a week.
  • Access to everything (now and as it becomes available)
    o Reports
    o Videos and video series
  • Multi-part webinar course. You learn the 8 most common charting principles.
  • Webinars. Actionable and timely advice on breaking out chart patterns.

For your convenience your membership auto renews each year.

Get Access Now

 

HSBC HOLDINGS PLC (0005.HK)

Every week Tech Charts Global Equity Markets report features some of the well-defined, mature classical chart patterns under a lengthy watchlist and the chart pattern breakout signals that took place during that week. Global Equity Markets report covers single stocks from developed, emerging and frontier markets, ETF’s and global equity indices. The report starts with a review section that highlights the important chart developments on global equity benchmarks. This blog post features from the watchlist section HSBC HOLDINGS PLC, listed on the Hong Kong Stock Exchange.

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