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MEOH - Methanex Corporation

post #1 of 12
Thread Starter 


Methanex Corporation engages in the production, marketing, supply, and distribution of methanol. Methanol is used principally in the production of formaldehyde, acetic acid, and various other chemicals that form the basis of various chemical derivatives. These derivatives are used in the manufacture of a range of products, including building materials, foams, resins, and plastics. It owns and operates methanol production facilities, as well as sources methanol produced by others. The company offers its products to chemical and petrochemical producers in North America, the Asia Pacific, and Europe, as well as in Latin America. Methanex Corporation was founded in 1968 and is headquartered in Vancouver, Canada.
post #2 of 12
I think this could reach $30 short term.
post #3 of 12

 

Methanex just closed a 5 year old gap :

 

2012&rand=1267572229&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=20&rand=10980644&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

That's quite an amazing chart, for sure.

 

Do you think 35 will now act as Resistance ?

 

Let's switch to a Dynamic now, to see whether it does !

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=1140066982&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

 

 

 

 

post #4 of 12

 

Juniper's $20 Dollar Level :

Thin'll give way like 1/4 inch ice once our Bear Market gets under way (in May)

 

big.chart?nosettings=1&symb=jnpr&uf=0&type=2&size=2&sid=150116&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=20&rand=2096500664&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

big.chart?nosettings=1&symb=jnpr&uf=0&type=2&size=2&sid=150116&style=320&freq=9&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=18&rand=1857001721&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

 

Now 4 a Dynamic :

big.chart?nosettings=1&symb=jnpr&uf=0&type=2&size=2&sid=150116&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=1411074731&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

 

post #5 of 12

 

Quote:
Originally Posted by nowwhat View Post

 

Juniper's $20 Dollar Level......

.

.

Oops! wrong thread !......Was meant to be private

 

post #6 of 12


 

Only just now learned that China uses methanol as a gasoline additive whereas the States long ago banned it's use.

.

And so I'm like : "Well now, THAT explains a lot !".....Namely, it's Chart.

Question is "who ELSE cuts their gas with methanol ?"......

AND can it (therefore) now break above it's $35 Buck Resistance ?

.

Methanol can make up like what, 10 percent ?.....Of a gallon of freaking gas ?

.....Globally ?

Did the US just ban it in support of it's oil companies ?

.

.

PS : Plus as you likely already know, methanol is also used, in the manufacture of just about EVERYTHING.

.

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=20&rand=1273346401&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

2012&rand=1755608670&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

Currently trading at 34.75 canadian

post #7 of 12

Well ?......With June's OEX now just 4 days away ?......

 

It's obvious that $30 is her "Magical Strike Price" :

 

Is sitting at 29.85

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=20&rand=1315084502&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

Sitting at 29.85

 

And I would say that based on this chart's weakness, that they're targeting the 28 for the OEX

June 30.00 puts = bid .63 ask .75 (@ 29.85)

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=9&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=18&rand=725343094&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=9&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=18&rand=725343094&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=4&rand=848415070&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

post #8 of 12
Quote:
Originally Posted by nowwhat View Post

June 30.00 puts = bid .63 ask .75 (@ 29.85)

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=9&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=18&rand=725343094&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

 

And now at the bell ? : bid .75 ask 91 (at 29.68) (Monday's close)

.

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=9&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=18&rand=725343094&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

Switching now to a Dynamic :

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=9&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=18&rand=462972996&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

.

post #9 of 12

Ten years of Methanol and it's $25.oo Level :

1000

It's low today was 26 - 25's prob a given :

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=675151194&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

post #10 of 12
Originally Posted by nowwhat View Post

Methanex just closed a 5 year old gap :

 

2012&rand=1267572229&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=20&rand=10980644&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

That's quite an amazing chart, for sure.

 

Do you think 35 will now act as Resistance ?

 

Let's switch to a Dynamic now, to see whether it does !

 

big.chart?nosettings=1&symb=ca%3amx&uf=0&type=2&size=2&sid=103449&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=1140066982&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

 

================================================================================

 

This stock charting stuff is an absolute joke....... Because prices merely do what the charts say they must !

 

post #11 of 12

Methanex (up 8.8 %)

Just signed this agreement with CHK

post #12 of 12

1 Gosh darned nice line up right here of the highs :

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