Infrastructure
Buy at 3.95 dipTA only, long term trade - look at this company for +/- related to accommodating Electric/ Autonomous/ AI trucking needs
Sorry for not sharing earlier - SEE GREEN BAR for action candle Largest US Uranium and Vanadium mining stock Energy Fuels. UUUU
Starts production of V2O5 (vanadium pentoxide) for high strength steel (infrastructure/rebar, military, aircraft engines, thin gauge steel automotive) for first month at 200-225K lb./ mo.
Sorry no futures symbol for V, but UR1! is uranium. both are in tight global demand with 20% CAGR driving prices upward, as well UUUU producing more at low cost, aka margin power.
Gap in demand to supply was late 2019-early 2020 and starting sooner for both.
UEC
OTC:BKUCF
TSX:U
AMEX:NLR
OTC:WSTRF
OTC:FCUUF
OTC:CCCCF
TSXV:VONE
OTC:APAFF
FWB:JT71
Zillow Group - The Digital Real Estate game changerZillow Group is likely the RE game changer for changing the way RE is bought and sold from 5-7% commissions and today's housing markets. Not a Redfin fan for being a game changer, and Zillow still needs to figure out some things with FSBO (for sale by owner).
Down 43% from peak. 1/2 share entry and 1/2 share standing order lower, just thoughts for now.
ZG
VIX
RDFN
3I Infrastructure Approaching Resistance3IN was in a period of consolidation that began in July 2016.
After price broke out of that consolidation zone it used the resistance as support and now looks set to tackle
the next area of resistance.
The resistance level we need price to break is at £2.15 and if it does get through then we may see a trend form
like the trend we saw from 2014 to 2016.
Price is above the 50 and 200 simple moving averages on the daily and weekly timeframes.
Right now the structure of price does not look appealing to trade as price has been moving sideways but a break of the resistance
could change that.
We need to stand aside until we have a clear direction as price could easily return back to the consolidation zone, so we need
to see higher highs and higher lows to confirm we are in an uptrend.
Remember to take the easy path when it comes to trading and easy profits will follow.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
AAOI $28 Short Bottom towards EC; $45/$55/$60 EC Results SpikeBetween what OCLR and LITE reported, the sector looks good. MACOM reported and got caught with their pants down. Sector took a huge hit as a result. Their call bodes very well for AAOI though. They described what I saw at CES and are at least a full quarter behind AAOI. People took their results as a negative, but didn't bother to read everything I suppose. AAOI is in full control of 100G CWDM that they're just now realizing is what everyone wants. Stock will hit its 52-week low I'm sure. February 21 can't come soon enough for the added clarity. 9 days for shorts to cover. Time to grab some popcorn after next week for sure.
WILL TRUMP’S INFRASTRUCTURE PLAN INFLUENCE THE DIRECTION OF OIL?Hello Traders,
In this short weekly outlook it is not about any trading setup rather than an opinion if Trump’s infrastructure plan will influence the direction of Oil prices in 2017 and beyond?
First, if we look at the US Oil price we can basically see three phases so far. We will start back in 2014 as oil prices started to plump massively in Q3 of 2014 from around $120/bbl. down to around $50/bbl. by the end of Q4 2014. This was an impressive loss of around 58%!
However, this was not the final depreciation of oil as it started to fall further in mid-2015 below the 11year low of $33/bbl. Beginning of 2016, oil found its current button and started to increase again as it currently trades in a narrow range of around $52-53/bbl. Technically speaking, after US president Trump won the election in November 2016, oil prices broke the significant resistance level of $52-54/bbl. ($54/bbl. UKOil) to the upside as it currently trades in a narrow range waiting for significant driver for either direction. Technically speaking, oil seeks to break out of the narrow range in near future as it creates bullish signs in lower timeframes. Target may be around $60/bbl. as it will face there the next significant resistance level. This price target may be the direction oil faces on the technical side for 2017.
Now coming to all the factor that oil influences in terms of price movement and direction.
After the US elections in November, 2016 took place and president Trump won for the republicans to run office as 44th president of the United States, the oil price rushed a couple days from $43/bbl. towards the major weekly resistance zone of $51.5/bbl. to flirt with that level. Just several weeks later oil formed a narrow range in which it currently trades.
Let us break down the price movement of the oil and the current divers.
We define 3 main drivers as significant for oil development:
Demand/Supply Ratio and their effect on further oil gains
Causes of OPEC Output Freeze
Sector Development causing massively demand for oil
US Policy plan – Infrastructure and border tax plan by President Trump
In 2015 oil started to recover a little as it also shows our Supply/Demand Ratio stated to fall in the first half of 2015 to stabilize in the range of $50-60/bbl. However, in the second half of 2015 oil turned again and reached its current swing lows after breaking its 12-year low $33/bbl. and reached $27/bbl. During this time, global oil prices continued to suffer from the oversupply (shown in our ratio), the increased signs of a slowdown in the Chinese economy and a devaluation of price in global equity and commodities markets. In 2016 market saw some wide recovery as the Ratio started to swing towards bullish sentiment. Global supply gave hints of declining non-OPEC supply and efforts to alleviate the persistent supply overgorge. This is also shown in our ratio in our main article. Additionally, OPEC stated started to meet for a possible Output Freeze to bolster demand surplus to strengthen the oil price. This will affect many countries as they depend of oil development (eg. Venezuela, Russia and Brazil just to mention a few). (...)
Obviously, we don’t know whether this will happen or not. This analysis could also be wrong. Keep in mind that trading is probably game. Nobody is 100%. With this analysis, we wanted to show you why WE think that oil COULD be supported throughout this year to reach $60/bbl. This is not a guarantee for accuracy and that is will happen.
We hope this article clarified some of our objectives on the development of oil. As always trading is a probability game and nobody is 100%. And please do keep in mind that this is just OUR PERSONAL Opinion.
Have a great Sunday.
Your Secrets2Trade Team
NCC Long Potential 20% TradeAfter heavy consolidation for 2 months I can foresee a potential breakout from the 1 yr+ triangle to supply zone @ apprx 85. SL is at 62. RR Ratio = 1.65. Always the possibility of denial at resistance trendline however this extended period of consolidation gives me the confidence of an overwhelming bullish sentiment
Best of luck!