These charts are from January of this year. This silver miner looked pretty shaky even back then. So far it is on the way down;
Today the stock is down 33% from the highs. For the moment there is no reason to change the prognosis. This one is going lower.
It is not clear how this stock counts. It has already gone further than we would have thought and now that it is at the upper boundary , we think it is a sell more than a buy.
Thomson Reuters has a long way to go to get to the $15level. For the moment it looks like we are doing a wave 4, even if the degree is not perfectly clear. The charts on the left is from a month ago. The company is proposing changes in its organizational structure today.
Petrobakken has an interesting chart. These guys drill , fract and pump oil and gas in the Bakken area and have had a real bad time doing so due to mostly rainfall that made activities very difficult. Things should get better. Maybe. We look at the chart not the fundamentals and there is now a fairly clean 5 wave sequence down from $34 to $9.55, down 72%. The stock is presently sitting on the lower channel trend line AND is slightly below the lows of Dec. 2008 and March 2009 (does not show well on Bigcharts). Oil at the time was about $30 and presently it is $84, gas is roughly unchanged. The potential should be there,ask your broker.