by Ron Meisels | Aug 21, 2017 | Uncategorized
Linamar Corp. declined from $89.42 to $42.24 (A-B) below a descending trend-line (dotted line) and below its falling 40-week Moving Average (40wMA) for over a year. The stock then rallied above this trend-line (C) and above its 40wMA to signal renewed investor...
by Ron Meisels | Aug 21, 2017 | News, Press, Uncategorized
We first published on Boyd Gaming on Aug. 8, 2015 ($16.95), to report a breakout and provided initial targets of $18 and $20. Four months later, it rallied to $21.20 to fulfill and exceed our targets (A). The stock encountered some resistance near ±$21.50 (dashed...
by Ron Meisels | Aug 21, 2017 | News, Press
Myers Industries declined from $24.74 to $12.59 (A-B) and then settled in a bullish technical pattern known as a “W” formation (dashed lines). The stock had a breakout above the neckline of this pattern recently (dotted line) and reached a recent high of $19.45 (C)....
by Ron Meisels | Jun 29, 2017 | News, Press
This could be the bull market’s last hurrah Ron Meisels says market could go up another 10% before bears take charge. By HOWARD GOLD, COLUMNIST We’ve heard it over and over again, for years: This bull market is getting long in the tooth. It just celebrated its eighth...
by Ron Meisels | Jun 29, 2017 | News, Press
Market Forecasts: Phases & Cycles had an excellent year of forecasting the major direction of both the New York and Toronto markets. As the year began, our January 5th, 2016 Market Comment pointed the way: “THE OUTLOOK FOR 2016: THE BULL MARKET IS BRUISED BUT...
