Kevin_Lomax

Kevin_Lomax Updated 

NEM is a stock I bought recently that has seen some nice gains. For fundamental reasons this stock has looked very attractive for a long time. I recent bought as technicals finally confirmed what my fundamental analysis was telling me. You can see price broke out from channel, but found a bottom around 16.00. From there we broke short term down trend line, and...

Kevin_Lomax Updated 

See my USD/CAD chart as well Hints of reversal, price has been consolidated for a while so I use caution calling that a double top Up coming trend line support Monthly chart shows waiting for more confirmation of a trend reversal could offer a great trade Patience

Kevin_Lomax

Explanation on chart Watch for upcoming support at Daily 200 moving average

Kevin_Lomax Updated 

In my previous analysis I gave my reasoning why I thought Gold was heading for a break out. Simple chart. Expecting price to test the highs of 2015, and will be waiting to see how it reacts to 1300.

Kevin_Lomax

I won't be taking this trade because it does not meet my entry requirements. But, it's not a bad set up that I want to share nonetheless. Price has an OK (not the best) regression trend channel. If we draw a fibonacci on the daily we can see the .382 coming in the support area of channel support and 50 day moving average. Price is approaching this level with...

Kevin_Lomax Updated 

Starting with daily price has been trading within a down channel for several months. Failed at channel resistance and closed below the 50 period moving average. Price is facing significant support at 126 area, which it has tested multiple times since 2015. Expecting price to test this area, and will be waiting to see if price can break through and continue...

Kevin_Lomax

Chart pattern on weekly. Daily we are at a point of indecision at the 200 period moving average. A break from that zone should give a short term direction.

Kevin_Lomax

Gold has been looking interesting for a couple weeks now. Price broke the 20 and 50 day moving averages, and gave a MA crossover mid last month. Currently we're testing resistance at the 200 period moving average. Expecting a pull back to trend line. This level has confluence of 20 day moving average, trend line and horizontal support. If we can break the...

Kevin_Lomax Updated 

Keeping it nice and simple on this pair. Price is testing support at 1.39-1.4, this level has confluence of 50 SMA, trend line and support zone. Price could retrace slightly further or rally from here. Won't be considering shorts until price breaks the 100 period moving average at 1.35.

Kevin_Lomax Updated 

Making my first post on TradingView, any feedback is appreciated. Here's my outlook on NZD/USD. Price has been in a long term bear trend, but has consolidated over the few months. Break of consolidation reflected from the short term counter trend line break. Price failed fast from 200 day simple moving average, which also had confluence with long term down trend...

Kevin_Lomax

Until S&P500 can close below the 200 weekly simple moving average, this index is still consolidated. I won't be calling a top on this just yet. Too early to call a bear trend. For now I'm patiently waiting.