by Chris Kimble | Dec 20, 2010 | Kimble Charting
Suggested to buy Homebuilders ETF (XHB) due to the bullish falling wedge and key channel support at the end of August, at price point (1) in the chart below. (see post here). CLICK ON CHART TO ENLARGE The Dow has rallied almost 1,500 points since the...
by Chris Kimble | Sep 27, 2010 | Kimble Charting
On 8/27, a month ago today, a post was created (see post) to purchase the Home Builders ETF (XHB). A month later this position is going to be harvested, decent gain of slightly more than 10%. Bull…Bear… Neither? (see post) Neither! Just harvesting 30...
by Chris Kimble | Sep 24, 2010 | Kimble Charting
Am I Bullish, Bearish or Neither? Choice “C”…neither! I am of the opinion, being Bullish or Bearish are emotional states of mind. They are NOT STRATEGIES. I believe that we should invest in each asset on its own individual merits/patterns, not...
by Chris Kimble | Sep 21, 2010 | Kimble Charting
On Aug 27th in the chart below, suggested to “buy homebuilders” at (1), due to the bullish patterns that had taken place. (see post) Homebuilders ETF (XHB) has reacted as the pattern would suggest, moving up over 11% in the following three weeks. CNBC...
by Chris Kimble | Sep 9, 2010 | Kimble Charting
Copper and Rails…Both sensitive economic industries. Are both looking up, showing signs of improvement? The chart below was posted on dshort earlier this morning, which happen to reflect upside breakouts from falling channels. On 9/1, the chart below was...
by Chris Kimble | Sep 6, 2010 | Kimble Charting
Patterns treated us to another good week… Last Sunday evening the patterns suggested to Long Stocks (see this post) and to Harvest/Short Bonds (see this post). The herd was extremely bearish equities, reflected in the AAII (American Association of...
by Chris Kimble | Sep 2, 2010 | Kimble Charting
Suggested to buy Homebuilders last Friday morning due to the Power of the Patter (Falling wedge, rising channel support and more). XHB is now up over 7%! Homebuilder ETF XHB is climbing out of the basement as it is breaking above support and a bullish falling wedge....
by Chris Kimble | Sep 1, 2010 | Kimble Charting
Long “Downside wicks” frequently signal an asset is working on at least a short-term low. The 500 index has created a series of downside wicks at support of late and today falling resistance is being taken out to the upside. With the 500 breaking...
