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What the Charts Say – Bullish on Wabash National

MONICA RIZK and RON MEISELS   27-January-2017   Wabash National had a sharp rise from $5.65 to $14.91 (A-B) above its rising 40-week Moving Average (40wMA). The stock then settled in a horizontal trading range mostly between $10 and $15 (dashed lines). The stock is...

What the Charts Say – Bullish on Domtar

MONICA RIZK and RON MEISELS   20-January-2017   Domtar declined from $63.91 in 2015 to $41.62 in 2016 (A-B) and found support near the latter level for about one year (shaded area). It rallied above the falling trend-line (dotted line) and above its rising 40-week...

Correction Due for S&P

The Technical Analyst   11-January-2017    Growing technical divergences suggest a modest correction to the S&P is imminent, according to Ron Meisels at Phases & Cycles. Meisels notes that the S&P 500 reached overbought conditions on some oscillators in...

What The Charts Say – Bullish on West Fraser Timber

Ron Meisels and Monica Rizk   Globe and Mail    6-January-2017 West Fraser Timber declined from $78.55 to $40.56 in 2015 and then remained below a falling trend-line (dotted line) and its falling 40-week moving average (40wMA) for another year. The stock settled into...

Equities Gearing up for Bullish Advance

The Technical Analyst   2-November-2016    The equity bull market is successfully absorbing selling pressure, according to Ron Meisels at Phases & Cycles, who thinks investors should stay the bullish course and position themselves for one final ride-up. Meisels...

S&P Bull Market Alive and Well

20-July-2016 The S&P 500 has broken out from its large year-long “W” formation, potentially a very bullish development, says Ron Meisels, President of independent research house Phases & Cycles. Meisels thinks that recent price action reinforces his view that...