OHROF (OTC) CANNAROYALTYPotential opportunity for upswing in OHROF from 786 Fib retracement and taking over black market share.
786 Fibonacci Retracement
buy setupThe EURCAD has broken the down trend and has consolidated. I am looking for a buy on the breakout or the 618 fib.
Trade with care.
Thank you for your support.
EURNZD - Selling at the 78.6% retracementDAY TRADE - EXPIRES AT 9PM
Trade Idea
A bearish Head and Shoulders has formed.
We have a 78.6% Fibonacci pullback level of 1.7140 from 1.7307 to 1.6526.
Negative overnight flows lead to an expectation of a weaker open this morning.
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.7140, resulting in improved risk/reward.
Stop: 1.7190
Target 1: 1.6955
Target 2: 1.6900
DAX - Head and shoulders top formation. Selling a rally.DAY TRADE - EXPIRES AT 9PM UK
Trade Idea
Trading within a Corrective Channel formation.
Bespoke resistance is located at 12400.
There is scope for mild buying at the open but gains should be limited.
Continued upward momentum from 12195 resulted in the pair posting net daily gains yesterday.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.
We look to Sell at 12400
Stop: 12480
Target 1: 12130
Target 2: 12000
Sideways channel strengthened by fibs, upcoming break tradesWe identify a clear sideways channel on the Nikkei 225 index that aligns with the .236 and .786 retracements. This ensues a particular statistical significance, and strengthens the support and resistance levels. Once a break occurs to either direction on high volume, we are taking a position that aligns with the movement of the breakout: either continuing a bullish move with a price target of the width of the channel on a penetration of the resistance, or on a break of the support, we will do the same (ensue a price target down by the height channel. The price target of +/- 1.48% from the break of support or resistance gives a bullish target of 21671 and a bearish target of 20735 for the NI225.
ENJ / BTCWatching for any sign of a bounce off of .786 Alert set
Very much dependant on BTC behavior and developments in the Tether / Bitfinex event.
DXY - USD In Trouble Again ? Starting off with technicals today, this article will aid the previous gold article posted. After a rally of higher highs and higher lows, we then saw a drive to the 95.75 price region creating a new lower low, with an anticipated lower high possibly forming today depending on the candle closure.
With that being said, I have entered short term positions on USD pairs as well as a long on Gold. I will come back to these pairs, come Monday. We can see we've currently rejected the descending trend line and pinged off the 78.6% Fibonacci level. We also have a possible right shoulder forming at the time of writing this article which will form a head and shoulders pattern allowing us to see a new leg to the downside. This move may play a vital role as to where the dollar will be heading this year, if we can reach target and break the ascending channel, we may see a continuation to the downside. We also have a minor daily resistance which was met and rejected however this isn marked up on the chart but it is in line with the 78.6%.
News today as well as major volatile data releases are seen next week so fundamentals will definitely be important to keep an eye on as well as to see our daily close and how price reacts Monday morning, but overall my bias on USD is bearish. Expect major downside movements for all USDxxx pairs.
As always, keep your psychology on point and maintain risk and money management so you can trade at your optimal and most efficient rate.
The Green Eggs & Ham of MMJTGODF 786 fib retracement at entry time for growth on earnings and big money.
buy and hold, one of few larger MMJ companies to not rocket up since end of dec 2018.
IOST High Probability SetupI don't think the alt run is over yet, though I am wary of any big moves on BTC that could shake things up. So as always in this bear market, I'm keeping a tight stop-loss and booking profits quickly.
As you can see from the chart, we're in a support region with a lot of confluence on the 12H:
- 786 fib line
- Strong resistance-turned Support around 209 sats
- 55EMA on 12H
High probability and solid R/R. Entering on a higher low on the 1H. Will update on how this trade plays out.
Entry: 206-210 sats
TP: 230 sats (11%)
S/L: 201 sats
R/R: 3.8
Harte Gold Corp. - High Grade GoldTSX: TSX:HRT
OTC:HRTFF
* Harte Gold Corp is an Ontario Canada-based company engaged in the acquisition, exploration and development of mineral resource properties with a focus on gold properties located in the Province of Ontario. It has interests in gold exploration projects, including Sugar Zone Property, which is located approximately 60 kilometers east of the Hemlo area gold mines and northeast of the town of White River, and the Stoughton-Abitibi Property, which is located over 110 kilometers east of Timmins and approximately 50 kilometers north-east of Kirkland Lake. Its exploration activities are focused on the Sugar Zone Property, which comprises approximately 29,435 hectares and covers an entire greenstone belt. The Company has conducted various diamond drill and other exploration programs on its properties.
* It holds a total of over four leases patented mining claims and approximately 340 unpatented mining claims consisting of over 1,845 mining claim units and covering an area of approximately 29,435 hectares.
* Producing High Grade Gold now as $250M Mkt Cap producer and bottom quartile for cost/oz. AU allowing high margins.
* Net debt. C$46M
Food packaging FFHLAlready beaten up FFHL makes oriented polyester film for food packaging and metalized packaging for boxboard markets.
Watch near $2 for movement using 2 time frames. Recent volumes shows some heavy buying.
Sirius Minerals - polyhalite fertizer miningICL OTC:SRUXF
Two companies with naturally mined polyhalite fertilizer. Sirius Minerals at 786Fibretracement and still has not seen decent correction to market since last Thursday uptick.
Viewers come to own opines. Watching this level for own watchlist.
Bitcoin condition after a strong fall#BTC
As you can see, the support is very dense: we have reached the resistance of Fib 0.786, which is near the level of 4400 and as a rule is a reversal level (but often before the increase itself, the price tends to fall below). We also have an extreme proximity to the long-term uptrend line, which also complicates the ability to lower the price below. On a 4-hour scale, there is a good momentum, which is moving to a larger scale, and the indicators are becoming more bullish. Perhaps we have reached the "bottom" at this stage, because the market is in need of correction of such a fall. Now we need to see how Bitcoin is fixed above the support of the day at 4575 in order for the bulls to take more control over the market. The situation is not stable, but in small timeframes, the movement overcomes the resistance of the downward trend and tries to move higher. We recommend to observe the scale of 4 hours, if we keep the current area, we can count on the closest positive, but a step down can provoke a campaign to 4000, which are below the resistance of 0.786 and below the long-term uptrend, which is very bad.
EURUSD .786 Retracement In PlayThis pair looks to be forming an inverse head and shoulders pattern after the bounce off the 1.13 even handle that formed a nice double bottom pattern.
I see some resistance at the 618 retracement where we could see a slight move down to the 50% to test the neckline of the head and shoulders pattern and structure support before a move up to the 786 level with lots of structure confluence at the 1.153 - 1.55 price level to complete the retrace on the longer-term downtrend.
After hitting the 786 we will see what happens, if we break I see a new trend forming for this pair, if price gets rejected I see trend continuation.
Market recapWell VIX watchers...the week ending November 2nd, 2018. The Cboe VIX has dropped 20% from weeks high on Tuesday and a near bottom buyers market.
Based on Fibonacci retracement we're below 0.500 retracement nearing 0.618. When we hit 0.786 retracement next week, or below 15 we'll start to see
some sell offs taking profits.
We've tested the low, but is there another round of testing from big money shaking out more after the VIX profit grab. Some expect yes, but not for another
3-4 weeks, which could drive things to a new low for 2018. So watch your 4h VIX and stay tuned if you want to buy more on next likely dip.
How about Alex Cora and the Red Sox, reminds me of the Troy Brown New England Patriots. Team sports back in Boston.
Interested in Vanadium battery stocks, so what do you ghat? Oh, sorry. Forgot this is crypto-forex channel. Signing out, happy Friday @pokethebear.
Energous IPO coming up. Let's hear about what you forgot to buy cheap next week and nice thing about crypto-forex.
Newell Brands up 23% on heavy volume and recommended buyingNewell Brands, a high-profile consumer products brand owner, is up just above 786fibretracement on breakout volume.
About: Newell Brands Inc. is a marketer of consumer and commercial products. The Company's segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. Its products are marketed under a portfolio of brands, including Paper Mate, Sharpie, Dymo, Expo, Parker, Elmer's, Coleman, Jostens, Marmot, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert and Yankee Candle. Writing segment consists of the Writing and Creative Expression business.
Monday will likely be a slightly down day, so get in below 18.39 on limit order and solid long hold with 5.5% dividend yield, which has an 8.9% growth rate the last 5-years. Div. payout is typically the 2nd week of Nov. and likely why the jump today. Or buy-in at market and set some for low buy-in.
Ethereum long top#ETH
Regarding Bitcoin on a large scale, we are witnessing a protracted corrective decline in the global growth wave of December 2017 - January 2018. At the moment, we have already received more than enough rollback and form support. A one-week chart shows the protracted RSI and Stoch RSI in the oversold areas, from which we are now trying to get up. It is worth noting that the market has been in oversold since July. At the moment, an increase in volume is observed, and the price arrangement is comparable to the price level in December 2017, from where impulsive growth occurred. If this area continues to support the market, then Ethereum has good chances to go up to the previous levels. This is a long-term view, the formation of the upward movement may take the whole of the next year.
Newmont Mining hits 1M oz mark Self chart
gold mining stock from south africa achieving 1M oz. gold mark. Hmmm I could sleep on that.
ok just a watermark and at 786fibretracement from full retracement in last 2 weeks, meaning gold actually has some value vs SPY
Nokia 5G prowessNokia is 4.2% div. yield 5G stock. Awaiting if going back to 786fibretracement below or near 5 or stabilizing upward to 618fibretracement.
NOKIA (NOK) Still bordering marginally negative earnings, indicating it's emergence from post 2000's is emerging with new IT Software for 5G as earnings about to turn profitable.
Watch for further support for growth or retracement to .786 from .618 bounce it's currently on.
HEXO Cannabis Investing - The dip b4 big money...still dippingSo Cannabis investors, HEXO is at the a dip and 786 fib retracement. Is this the dip before a November federal bill allowing legalization state by state, or will it go near full retracement?
High 9.29, current 5.70, full retracement 3.98.
Canopy Growth is 618 fib retracement. The better the stock the lower the dip. I'm using weekly charts and than switching to 1 day and 4 hour charts for potential limit entries.
Other favorites are Tilray (TLRY), GW Pharmaceuticals (GWPH) and CBD suppliers CVSI and CBDS.
We're getting hammered from credit debt and waiting for the final hammer to drop.
TSX:HEXO OTC:HYYDF
CGC CRON NASDAQ:TLRY NASDAQ:GWPH OTC:CVSI OTC:CBDS
Pick & shovel options:
OTC:BLOZF THC Test devices...riskiest play in my view.
OTC:KSHB Packaging, labels, and extraction products
NYSE:SMG Hydroponics, equipment, fertilizers
NYSE:IIPR REIT asset leasing, property
OTC:MNTR Financing, asset leasing, property
GE retracing to below $12With current market GE stock is volatile at best, resistance likely at 11.88 and could retrace to 11.22 area if volatility increases. New CEO has yet to make any significant announcement, although just the announcement caused a nice bounce, which vaporized last week and into this week. Any LONG buyers, wait, wait, and follow the volume. Setting alerts (targets) using warnings. Aka 12.0, 11.90, and 11.50, which would then indicate going full Fibretracement or possibly larger selloff and below recent resistance in 11.25 and 11.20 range.
Viewers: Come to own conclusions, Rule #1 and Rule #2. Market is very dynamic , so riding a big wave too far onto sandy beach if not too careful.
Mocom Technology Holdings - Galium fishingWhat's not to love. Buying into telecom/cellular, defense tech, big data processing with equal sectors. Self-driving cars will need,
but market still extremely small. 5 yrs. from now, not so much. Buy and hold.
Won patent suit in 2017 to protect GaN chips, which run 80-100x faster than silicone chips and they can make them for same cost.
STM needed to partner with them to prevent more patent litigation, so STM is now their distributor and making MTSI chips as well.
Fast chips will allow 5G cybersecurity improvements for all 3 arena's as newer chip technology.
Technical view: Below 786 fibretracement from recent drop after some BIG DOG $$$ got scared from US-CH trade wars. This is
almost as good as NVDA and AMD before their recent runs. Would love to see a double bottom here....
You're welcome on this one. Been looking for GaAs, GaN chip manuf. with patents and new partnership gives this. No seriously,
you're welcome. longbuylongsell @MarxBabu add Woody's CCI here on 4h chart with Fib Retracement (scroll back).
