This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Charts of the Week: Yamana Gold, Cooper Tire

By Roberto Pedone

WINDERMERE, Fla. ( Stockpickr) -- Technical analysis is a great tool that investors and traders can use to try to even the playing field on Wall Street. Instead of blindly throwing money at a stock, market players can consult the charts and try to determine things such as prevailing trends, where support and resistance are and what levels on a stock mark a good entry or exit point. They can also analyze trading volume to see if the big money is moving into a stock or moving out.

All investors hope to end up on the right side of the trend, and using technical analysis to stalk the charts like a forensic scientist can help them remove emotional bias and make informed decisions. For instance, noticing that a stock is trending down might help an investor avoid an investment based on his or her love of the company's product.

By no means should we ignore the fundementals, but at the end of the day, the objective is to make money. Technical anlaysis can help us make money on the long or short side by discovering the best chart patterns that give us the highest probability of success.

Here's a look at some compelling charts that are piquing the interest of the Stockpickr community. If you're interested in having a chart analyzed for a future article, please visit this forum and post your tickers.
1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
DBA $20.77 -0.95%
AUY $4.50 6.64%
CTB $33.01 -1.14%
WSTG $16.82 0.81%
AAPL $93.24 -0.41%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs