GDXJ 4 hr chart
GDXJ has broken inside the triangle on increasing volume, using a 4hr chart . (Click to enlarge) More downside would seem likely (Especially a close inside)
You keep amazing me everyday, Alex. Someone had mentioned you on another blog as a must read everyday and they were not wrong. I just can’t believe how you’re able to sniff out a move before it happens, often on fairly obscure stocks that nobody would have guessed. But unlike others who post after the fact, you provide real setups, sometimes days before they go crazy. You’re not always right, but at least you’re modest and humble, pointing out where a chart failed and always showing people what to watch out for and where to place stops. Kudos…you’re one of a kind!
Alex,
Love your charts and analysis. As a struggling trader you’ve really helped me understand when to get into a trade and what a favorable setup looks like. I appreciate the time you put into your reports. Keep up the good work. I made a nice profit off your recent recommendation of US STEEL.
Wow Alex. I’m just amazed at how you manage to bring such a bright and easy going style to stock charts. Your explanations are real, honest, and simple to follow. I just love how you manage to break it down for us. Keep up the amazing work, I’m so glad to have found you.
I’ve had the chance to watch Alex work in real-time over the past 5 years, and he has a remarkable ability to catch important turns in the market as they happen.
There’s no hype, no ego, none of the usual revisionist history that marks many market commentators — just very entertaining, astute on-the-money technical analysis. He’s a winner.
I have been following Bob Alexander’s’ trades for several years. His track record is amazing! Alex has an uncanny ability to see patterns in stock charts that most others miss. He buys bottoms when others are panic selling and gets out when stocks are topping. Is he always right? Of course not. But his winners far outnumber his losers. Alex is hands down one of the best stock traders I know. I recommend him very highly.
I was drawn to ChartFreak not by its clever logo, online ads, or well-written advertising emails, but purely by the objectivity, succinctness, and most importantly successes of ALEX’s many real-time chart setups. In addition, he goes out of his way to ‘update’ and share as many of his watch list of stocks as well as explaining his rationale. All in all, a great educational and profitable experience. Eagerly awaiting for subscription or premium service in hope for a privy of his recommendations in real time (or before the general public!)
“My promise to you is that I will never stop working for you. I will continue to provide you with first rate chart setups in an informative and educational manner. My work will be actionable, but it will be designed to help you become a better trader.”