by Chris Kimble | Nov 18, 2010 | Kimble Charting
GM seems to be the lead story, yet other areas of the Transportation industry continue to reflect relative strength. Trucking and Railroads have broken above their April highs, while the 500 index is finding the April highs as resistance. ...
by Chris Kimble | Nov 4, 2010 | Kimble Charting
Shared in the chart below that the Transports looked to have created a “Bullish Head & Shoulders” pattern and that I would want to be a buyer on a neckline breakout (see post here). CLICK ON CHART TO ENLARGE Updated chart below… CLICK ON CHART TO...
by Chris Kimble | Oct 25, 2010 | Kimble Charting
I highlighted bullish “ascending triangles” in the Trucking and Railroads post. (see post here) Another potential bullish pattern is taking shape in the Transportation ETF (IYT) below. CLICK ON CHART TO ENLARGE Game Plan… Potential “Inverse...
by Chris Kimble | Oct 20, 2010 | Kimble Charting
What ANGLE we look at things can be really important. The Dow and 500 index are facing resistance, so were Railroads and Trucking in the chart below. I created a post on 9/20, asking if Railroads and Trucking companies were going to “haul the economy to...
by Chris Kimble | Oct 8, 2010 | Kimble Charting
All eyes this morning were on the jobs report. Getting the unemployment levels lower is VERY IMPORTANT, yet from an investment perspective, are investors looking in the wrong direction? What about “PRICE ACTION” in these sectors below!!! Numerous times...
by Chris Kimble | Sep 20, 2010 | Kimble Charting
As the trading range in the 500 index seems to be the hot topic of late, Rails and Trucking are heating up and close to the highs for the year. Both have created “bullish ascending triangle” patterns. Ascending triangle patterns break to the upside around...
