by Chris Kimble | Mar 6, 2018 | Kimble Charting
Since the 2009 lows, would you rather have owned Semiconductors (SMH) or the S&P 500? Since the 2009 lows, Semiconductors are up 550%, more than double the returns of the S&P. This very strong index is now making an attempt to “Escape” from where...
by Chris Kimble | Feb 5, 2018 | Kimble Charting
Last week the Power of the Pattern shared that most “FAANG stocks were testing the top of rising channels/breakout levels.” The one exception to that was Apple. Below looks at Apple over the past couple of years- CLICK ON CHART TO ENLARGE The trend of...
by Chris Kimble | Feb 1, 2018 | Kimble Charting
FAANG stocks (Facebook, Amazon, Apple, Netflix & Google) have done extremely well over the past couple of years and the trend all five remains higher. Below looks at each of these 5 stocks as well as the S&P 500 and the patterns they have created- CLICK ON...
by Chris Kimble | Sep 22, 2017 | Kimble Charting
Six weeks ago, Joe Friday shared that Amazon looked to have created a large bearish reversal pattern at a key Fibonacci extension level. See post HERE Below looks at an update of Amazon on a “Monthly” basis- CLICK ON CHART TO ENLARGE Below looks at Amazon...
by Chris Kimble | Aug 11, 2017 | Kimble Charting
Just the Facts….Amazon has done well for years and years and the trend remains up. This past month something took place in AMZN that has not happened in the past 20-years, see chart below- CLICK ON CHART TO ENLARGE The Power of the Pattern applied Fibonacci to...
by Chris Kimble | Oct 28, 2016 | Kimble Charting
Without a doubt, Amazon (AMZN) remains in an uptrend (higher highs and higher lows) over the past decade plus. Last nights earnings does NOT change this trend! Below updates the pattern on Amazon and highlights that this week, it is could be creating a pattern it has...
by Chris Kimble | Jan 13, 2016 | Kimble Charting
CLICK ON CHART TO ENLARGE Amazon has been a stellar performer for years, what a great stock to own! The strong rally off of support back in 2015, has pushed AMZN up to channel and Fibonacci 161% extension resistance. While AMZN was near this dual test of resistance,...
by Chris Kimble | Aug 14, 2015 | Kimble Charting
Let me start off with this…At this time the trend in the tech space is up! The Nasdaq Composite Index and Nasdaq 100 are both above support lines and long-term moving averages! Leading tech indices are at prices points where weakness would not be good to see...
