The Canadian Technician

The Value Line Geometric Index Tests Both Of The Old Major Highs

by Greg Schnell

The Valueline Geometric Index ($XVG) is approaching the previous high again. It has been up here before in 2014 only to slide back. We can see the two previous peaks in the zoom box on the right around 490... Read More 

The Canadian Technician

Is Cara Therapeutics Good IPO Behaviour Or Not?

by Greg Schnell

Cara Therapeutics (CARA) started trading in late January 2014. The IPO priced at $11.00 with 5,000,000 shares for float. The stock rocketed out of the gate and went on to double by March 1, 2014 trading... Read More 

The Canadian Technician

LULU's Stock Fabric Is Also Looking A Little Thin

by Greg Schnell

Lululemon (LULU) has been a great Canadian success story. Today we'll answer the question "Is It Still A Success Story?" Going back and looking through my old blog on the stock, here is a link to follow the history of LULU since I blogged about it on October 25, 2012... Read More 

The Canadian Technician

$TSX Tries To Break Out To New Highs

by Greg Schnell

Currently, the $TSX sits just below the all time high. I have posted a short video to discuss the $TSX chart. I hope to post more chart videos if you like them. Let me know what you think, and most importantly, let me know what I can do better... Read More 

The Canadian Technician

Amaya Gaming Goes All In With PokerStars.net

by Greg Schnell

Wow! What a move on the Amaya Gaming (AYA.TO) stock today! Amaya offered $4.9 Billion cash. We can see the stock started to break above resistance in late May but the SCTR fired off an early warning signal in early May when the stock was still around $8... Read More 

The Canadian Technician

Energy and Precious Metals Sectors Take Over The SCTR Rankings

by Greg Schnell

The Energy Sector has been hot this year and it continues to power higher. With the breakout in crude oil yesterday, the energy sector has a massive number of stocks leading the SCTR rankings. The top five companies are in healthcare, biotech, and software... Read More 

The Canadian Technician

$SILVER - Is The Tarnish Coming Off Or Is This Melting Down?

by Greg Schnell

Silver has lead/followed $COPPER and $GOLD lower since the 2011 highs. What makes the $SILVER chart interesting today is the silver market has made seasonal lows in June before and $SILVER is near support... Read More 

The Canadian Technician

Air Canada - Is This Flight Over?

by Greg Schnell

Air Canada had been given up for dead back in the lows of 2012. A few years later, it is 1000% higher and the flights to Europe are very full. I think the summer season looks strong but the chart is at an interesting place... Read More