Some further updates on recent commentaries. We had observed that TSLA encountered significant resistance at the area of previous highs. What was more compelling was the weekly candle that resulted from the price activity. As we noted, it appeared to be a doji bar which indicates reluctance and indecision for prices to continue in the established direction. … Continue reading TSLA, MS, PHX Updates
PHX
Canadian Small Caps, PHX
The buoyant overall equity markets have created positive spillover effects on Canadian small caps as well. The strong markets have resulted in dozens of smaller resource based issues that have been pulled along by presumptive optimism. We examine a small TSX resource company, PHX, that looks technically well positioned for a push higher. PHX is showing positive price action rising … Continue reading Canadian Small Caps, PHX
TC-TECHNICALS 