by Chris Kimble | Apr 9, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE A fresh breakout from an “ascending triangle” is taking place in Crude Oil at (2) in the above chart. The “Power of the Pattern” suggested to buy DBC (see post here) in a quiz 18 days ago. Since...
by Chris Kimble | Apr 7, 2011 | Kimble Charting
On 3/25 I shared in the chart below that Crude Oil was fighting with its 61% fib resistance level. (see post here) The chart directly below reflected that very little resistance between current prices and $140 was in place, should it break above the key level at...
by Chris Kimble | Apr 4, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE THD looks to be breaking above its 2010 highs…another good sign for this etf. Game Plan…Remain an owner of THD. If you don’t own this ETF, I would want to be a buyer on this breakout, with a stop at this time at...
by Chris Kimble | Mar 25, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE Crude Oil broke above its rising channel, reached its 61% Fib retracment level, fell back and tested the top of its channel as support and now is testing Fib resistance again. Crude oil hasn’t succeeded nor failed at this key Fib...
by Chris Kimble | Mar 23, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE Gold looks to be breaking from its 5-month sideways channel at (1). A breakout in Gold means it continues to reach all-time high levels. Keep in mind Silver’s all-time high was $50, which means Silver still has a big...
by Chris Kimble | Feb 28, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE One of the largest “upside wicks” in the past 13 years took place in Crude Oil this past week at (1), while it was facing the Fibonacci 61% resistance level and the top of a rising wedge. This “Power of the...
by Chris Kimble | Feb 23, 2011 | Kimble Charting
The Power of the Pattern suggested that a sideways pattern in Silver was about to end (see post here) and the patterns suggested to BUY Silver in the “Hi Yo Silver” breakout post. (see post here). CLICK ON CHART TO ENLARGE I shared on Monday that even...
by Chris Kimble | Feb 16, 2011 | Kimble Charting
The “Power of the Pattern” suggested to pick up the oil drillers ETF (OIH) on 1/26 (see post here) Since that post, OIH is currently up over $11 per share since the pattern suggestion. Drillers have done well, even though Crude has...
