by Ron Meisels | Aug 2, 2019 | News, Press
Knowles (Friday’s close $19.66) declined from $33.82 in August 2014 (not shown) to $9.68 in February 2016 (A) and then settled in a large multi-year trading range mostly between $12.00 and $20.00 (dashed lines). A sustained rise above $20.50-21.00 would signal a...
by Ron Meisels | Jun 28, 2019 | News, Press
Agnico Eagle Mines Ltd. (Friday’s close $67.14) rallied from $27.63 in mid-2015 to $78.35 in mid-2016 (A-B). It reversed the rising trend when it fell below its 40-week Moving Average (40wMA – C) and started a new down-trend (dashed line). The stock remained below the...
by Ron Meisels | Jun 26, 2019 | News, Press
“On its daily chart the S&P 500 made two significant changes recently. First, it found support in the low 2,700s, where a previous decline was halted in early March. Second, the rally from 2,728 in early June created a new upward sloping trend channel going back...
by Ron Meisels | May 15, 2019 | News, Press
“My technical signals suggest that the rise which brought the S&P 500 to the recent high of 2954 will come to an end in mid-May and give way to a 7-to-10 percent decline towards the 1/3 or 1/2 correction targets of 2750/2650 by mid–late September. This will be a...
by Ron Meisels | May 10, 2019 | News, Press
Wheaton Precious Metals Corp. (Friday’s close $27.03) rallied from $14.51 in January, 2016, to $40.80 in August of the same year (A-B), reversed the trend and declined to a low of $22.63 at the end of the year (C). Subsequently it traded below $30 until recently...
