by Chris Kimble | May 2, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Bio Tech has had its positive influence to the broad markets over the past couple of years. It seemed to have had a negative influence on the markets from Feb 27th to April the 15th, where a bullish wick took place in the sector and a...
by Chris Kimble | Apr 30, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The Power of the Pattern on 3/5 reflected that TSLA, Google & Bio Tech (IBB) were creating bearish rising wedges (see post here) At the time of the post TSLA was trading at $254 per share. The Power...
by Chris Kimble | Apr 24, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Well the news of the morning is Apple’s big upside move, very impressive. From a bigger picture perspective, I believe the “Leader of the Pack” that seems to remain impacting the broad markets is the Bio Tech sector....
by Chris Kimble | Apr 16, 2014 | Kimble Charting
CLICK HERE TO READ ARTICLE Andrew Nyquist, founder of Seeitmarket.com shares a “Market Masters” article on “How Standing On Your Head Can Reduce Investor Bias” today. This concept has helped me over the past 20 years and was especially...
by Chris Kimble | Apr 14, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Bio Tech led on the way up and so far is been a leader on the way down! Another bearish wick this past week took place in IBB. Keep you eye on this leader and watch for its impact to the NDX 100 !!! –...
by Chris Kimble | Apr 11, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Small caps created a rather large bearish wick last week, which is often bearish, at (1) above. As we all know one week doesn’t make a trend. What has my attention is this…This weeks price action is breaking rising channel...
by Chris Kimble | Apr 10, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Neckline kiss of resistance taking place this morning? Bio Tech ETF XBI could be kissing the underside of neckline resistance and pushing lower. Size of decline is determined by this (see here) Is this an H&S top? Jury...
by Chris Kimble | Apr 3, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE As usual boring me at stating the same thing…I believe it can pay to view the hottest/leadership under a microscope! White Hot Bio Tech “closed” below steep rising channel support last week and may be kissing...