Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Thursday, December 20, 2012

First Solar: Before & After

I posted a chart in Nov.29 when FSLR was at $27.21, just breaking from a ascending triangle.
The volumes were playing out well and now, the stock is trading at $33.03.
As the volumes are slightly declining, the investors should pay attention to resistance levels.

Netflix analysis

Netflix buyers, be careful! This chart shows a bearish engulfing pattern close to the resistance zone of $100. This could lead to a selling pressure in the next days or even weeks.

Wednesday, December 19, 2012

Utilities are proven to be one of the best choise for December...again!

Along Utilities, there is also the Consumer Discretionary and the Telecomunications sectors that are the most attractive for this December. Utilities have another +1.77% to go until the year end in order to reach the average of the last 3 years.