by Chris Kimble | Jul 30, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Nasdaq Composite Index on a monthly basis over the past 20-years, where we applied Fibonacci to the 2000 highs and the 2003 lows. This past month the index was testing the 161% Fibonacci extension level off the...
by Chris Kimble | Jul 26, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at Facebook (FB) since its IPO back in 2012. Since 2014, FB has remained inside of rising channel (2), where it hit the top of the channel and its Fibonacci 361% extension level earlier this week at (3). The combo of the Fib...
by Chris Kimble | Jun 5, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The pack above looks at the “FAANG” stocks (Facebook, Amazon, Apple, Netflix & Google). The majority of them (FB, AMZN, AAPL, NFXL) are working on breakouts of old resistance, which could be the tops of bullish ascending...
by Chris Kimble | Apr 30, 2018 | Kimble Charting
In mid-March, I warned that investors should “watch those divergences” on the Nasdaq. Well, those bearish divergences have helped to form another bearish pattern that investors need to keep an eye on. And this pattern will likely determine whether or not investors...
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...
