Our analysis is based on long term trends, and if they are promissing, short term analysis. First, we view the
3 year weekly charts, followed by a 1 year daily chart. This analysis allows you to view the larger picture and trend,
rather than just looking at a short term prospective. This way, you can use short term volatilty to your advantage, if the
long term trend is positive.
You will see a summery of the stock we are analyzing, followed by the 3 year and 1 year charts. At the end, you will see a technical analysis summery. That's it,
to the point technical stock market analysis daily!
Link this report to your website or message board; just copy and paste the text below.
Technical Analysis for April 18 2006
|
| STOCK: HABANERO RESOURCES |
WEBSITE: |
| CURRENT PRICE: 1.17 |
TREND: BOTTOMING OUT |
| TARGET PRICE: N/A |
RECOMMENDATION: WAIT |
|
Long Term Chart (Weekly 3yr) - To view the bigger picture
Charts Courtesy of StockCharts.com
|
Short Term Chart (Daily 1yr) - Where to take a position
Charts Courtesy of StockCharts.com
|
HAO Technical Analysis
This is our second time analysing this stock this year, and we thought we would provide an update because of the many repeated requests we’ve had lately. If you want to view our initial analysis from February 28, please click here. Taking a peak at the first chart, you can clearly see the rise this stock has had in the past year and beyond, as well at the period of consolidation it has been in for the past month or so. The MACD is showing signs that it is still heading down here, with the possibility of it heading into negative territory. We don’t expect it to cross down very low here, even though it looks like it is heading for a downward slope. The money flows indicate less money coming in, but it is still at very healthy levels, there has not been a mass exit out of this stock. Focusing on the shorter term picture, you can see the long drawn out consolidation phase, which should be completed in the next couple of weeks. The price is also holding onto its 50 day moving average, which is a positive sign, although a slight break below would not be a surprise. The indicators are looking better every day, with the MACD looking to turn up, but this has not been confirmed, and should be watched very closely, as any signs of it turning up would be a buy signal. The RSI is also showing signs that it wants to move up, but concrete evidence is not evident as of todays chart.
Bottom line, things are looking very interesting here, you may want to put this on your watch list, and a strong entry signal would be the MACD showing some conviction towards a strong upward bias.
|
If our technical analysis was of value to you:
|
|
|
|
|
|
|
|
Technical Analysis Ads
|
MadMoney TA
If you are looking to make mad money, you have to visit the mad money web sites that have what you are looking for. Link today!
www.MadMoneyTA.com
|
TSX TA
Looking for links to TSX listed stocks, including picks and analysis? Find helpful links now!
www.TsxTA.com
|
NYSE TA
NYSE stock market picks, reports, analysis, for some of largest American companies. Get linked today.
www.NyseTA.com
|
DOW JONES TA
The DOW listed stocks can provide you with some of the best blue chip companies to invest in, get the information you need today. Link to those that can help.
www.DowJonesTA.com
|
NASDAQ TA
Are there still opportunties to make money in NASDAQ listed stocks in todays bull market? Get linked to those that can help you today.
www.NasdaqTA.com
|
|
Top Technical Analysis Links
|
|
|
