Tech Talk for Friday January 11th 2019

Jan 11 07:01 2019 Print This Article



Encouraging technical action in China sensitive ETFs! Nice breakout by $EWH above $22.53 completing a reverse Head & Shoulders pattern.


StockTwits Released Yesterday @EquityClock

Technical action by S&P 500 stocks to 10:00: Quiet. No intermediate breakouts. Breakdown: $EL

After 10:00 AM EST, intermediate breakouts included BBBY, MGM and EBAY

Cogeco Cable $CCA.CA moved above $67.96 completing a base building pattern.

Chile iShares $ECH moved above $44.28 completing a double bottom pattern. Highly correlated with copper stocks!

eBay $EBAY moved above $30.36 completing a double bottom pattern.

‘Tis the season for eBay $EBAY to move higher to the end of April!

CGI Group $GIB $GIB.A.CA, a TSX 60 stock moved above $64.90 U.S. extending an intermediate uptrend.

Editor’s Note: CGI Group was selected yesterday on BNNBloomberg’s Market Call by Hap Sneddon of CastleMoore as a Top Pick

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