LBL.V -- Stem cell based CoronaVirus treatment; VOLUME!LBL.V is hitting highest volume on TSX-V today. Very similar setup to VXL.V from last week, just before it made the big move from .14 to .325 but cheaper and much better financials. Cash flow positive. $8.4M market cap. 93M shares out.
See the most recent news release with regards to positive outcomes in applying their technology to treat the Coronavirus patients in China:
"Recently published results from an investigator-initiated clinical study conducted in China which reported that allogeneic mesenchymal stem cells (MSCs) cured or significantly improved functional outcomes in all seven treated patients with severe COVID-19 pneumonia."
Google "Lattice Biologics to Evaluate Anti-Inflammatory Stem Cell Therapy Treatment of COVID-19 Lung Disease"
Smallcaps
RUT Consolidation Pattern Through 2020? We are looking to trade aggressively with low risk high reward Unbalanced butterflies throughout 2020 with this potential consolidation pattern in the Russell throughout 2020
VXL.V -- High risk/high reward Coronavirus vaccine developerVXL is the volume leader on TSX-V today on the news of Coronavirus vaccine patent application.
+21.74% so far. Likely held down by warrant sellers but could be a serious runner once they are out.
$12M mkt cap is cheap compared to other biomed stocks that ran on Coronavirus related news.
Very decent float at 89M shares.
Diary | 3/2/2020 | RUT SpreadJustification:
Directional Play: Yes, establishing long delta position to reduce short delta and margin.
Technical: Below October low.
If/Then:
Take profit? 50% of credit received.
Where will you hedge? $1410
Strategy Details:
Short and Long leg: $1410, $1395
Short Leg Delta: 0.16
Expiration: March 6
Disclaimer:
This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve (myself especially), so if you see something wrong, speak up.
XTT.V -- bullish reversal confirmation (junior gold miner)XTT.V bounced off the recent trading range low (.09) on volume with bullish MACD crossover confirming reversal. Company expects steady news flow from its drilling program over the coming weeks, testing several areas with high grade historical gold hits. Note the up-sloping Accumulation/Distribution indicator, suggesting steady buying pressure over the recent months.
YouGov - Correction over, new highs expected.Buy YouGov (YOU.L)
YouGov plc is a United Kingdom-based international data and analytics company. The Company’s suite of products and services is made up of syndicated data products including YouGov BrandIndex and YouGov Profiles and data services including YouGov Omnibus and YouGovCustom Research. YouGov BrandIndex is a daily brand perception tracker. YouGov Profiles is its planning and segmentation tool. YouGov Omnibus finds out people's opinions, attitudes and behaviors. YouGov Custom Research conducts quantitative and qualitative research. The company has 35 offices in 22 countries.
Market Cap: £546Million
YouGov is trading in a fantastic long-term uptrend. The shares have recently corrected from fresh all-time highs at 616p and appear to have found some support at the uptrend support line. The shares are on the move higher today, the close above the 10EMA could be a sign that the corrective move lower has come to an end and that further upside can be expected over the medium to long term. We are targeting a move to fresh all-time highs at 700p.
Stop: 504p
Target: 700p
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AXM.V -- $47M mcap play with a proven $900M+ GOLD depositAXM.V should be on the radar of every #gold investor. $47M mcap company with NI-43-101 compliant resource worth $700M+ USD in the Central African Republic and other promising projects in Africa. Rapidly improving security situation and recently announced strategic partner point to a major opportunity, imo.
Bullish MACD cross on the daily chart, bullish RSI/Stochastic following a gap up on the Strategic Partnership LOI announcement. The line "First Strategic Partner" in the latest news release seems to indicate that more material developments are on the way.
EW.V -- Low risk bottom fishing opp; trading at cash valueAn incredible opportunity to buy EW.V at cash value. With JV partner in Romania covering 100% of the exploration costs, this could become a multi-bagger if any of the wells being tested are deemed commercial. EW.V is getting 15% of any oil that spuds.
The stock has found a bottom at .055 in the past 2 weeks with bid support steadily increasing. Bullish divergence with MACD/RSI/Stochastic indicators points to a likely near-term breakout. I am long at .055 - .065.
ASSETS
Cash: $3,719,020
GST Receivable: $7,923
Amounts Receivable: $223,772
Prepaid Expenses: $22,654
Investments: $554,709
Assets Held For Sale: $2,067,867
Total Assets: $6,595,945
LIABILITIES
Accounts Payable: $206,404
Decommissioning Liability: $309,904
Liabilities On Asset Held For Sale: $943,472
Deposit: $65,505
Total Liabilities: $1,525,285
NAV $6,595,945 - $1,525,285 = $5,070,660
ESPT.V On Watch for Downtrend Pattern Breakout (eSports/Gaming)ESPT.V lit up a nice green candle on the daily chart to end the week. Poked its head above the downtrend channel that started on Aug 20th for the first time. The company is one of the early movers in the rapidly growing #eSports sector and is expected to close a revenue-generating acquisition within 1 - 2 weeks, followed by another major acquisition. Both were paid in .30 shares. Currently trading at .225.
Very bullish macro environment. Latest RBC Wealth Management report shows #Gaming #eSports sectors are in the early bull cycle. ESPT.V is one of the better values with $2.3M in revenues last year, $9M mkt cap and 43M float. Catchy ticker name is a bonus. :)
KEW.TO -- Oversold Bounce Play, High Risk / High Reward ScenarioKEW.TO has been selling off as it ran into financial disclosure issues and had to fire a CFO, however the company owns valuable assets, generates revenue and is working with creditors to resolve short term liquidity issues. Definitely high risk/high reward scenario and a tight stop loss is prudent imo.
After multiple days of relentless selling, the stock appears to have found a bottom in the mid .70s, reversed and closed at .90, forming a hammer candle on the Daily Chart. Bullish MACD cross on the hourly and Accum/Dist has reversed sharply. Very tight float at 14M means it can move sharply both up and down. If momentum reverses there's very little resistance until 1.50 - 2.00 area. Company issuing an update to re-assure investors could go a long way but news may not come until after New Year.
Celsius will probably have a retracement towards $5I am generally long on this stock. However, we are seeing an upward tilted broadening wedge pattern form on CELSIUS HOLDINGS INC. The bottom of the wedge is broken and so it is likely that price will eventually return to the low point of the formation.
MOON.V — Likely breakout comingStrong accumulation, bullish MACD/RSI/Stoch action and increasing bid support point to a likely breakout coming. The company has reported high grade Zinc/Gold/Silver intercepts in recent assays. The market is yet to notice it. Just over $3M mkt cap is cheap considering the progress they have made this year.
GGI.V -- Downtrend break signalling reversalGGI.V has broken the downtrend after bouncing off oversold RSI levels. Bullish MACD cross, bullish Stoch/RSI action confirming trend reversal. Long-term support band near .70 has now been tested and held 3 years in a row. I am long at .69 - .71.
48North - The Small Cap Cannabis Company To WatchI have maintained a long thesis on 48North Cannabis Corporation since October 2018, and the trade worked wonderfully into March of last year. However, 48North pulled back alongside the entire cannabis sector, and rightfully so on some of their own missteps.
As a brief introduction, I believe 48North's competitive advantage stems from their outdoor grow operation, creating a low cost of goods operating model that will enable 48North to price products competitively and reward investors with higher gross margin performance when compared against the peer group. It should be noted that 48North missed their production guidance for 2019- resulting from delayed licensing for drying rooms. In 2019 48North demonstrated that outdoor grown cannabis can be completed at scale, at a low cost, and successfully pass Health Canada's quality control standards.
From a chart perspective I'm considering the Elliott Wave ABC pattern to be completed with a clean retracement & double bottom at $0.315 - neatly correlating with the 161.8 fib extension of Wave A
Current Market Cap: $63M
Cash on Hand: $40M
It is my opinion that 48North's cash position reduces the need for any capital injection through 2020. Frankly- it is going to be in the hands of 48North to demonstrate in 2020 that they truly can achieve their projected outdoor harvest numbers with drying capacity not being a barrier in 2020.
Long on KBE WHY KBE? KBE - tracks an equal-weighted index of US banking stocks. Meaning, The big boys (Banks) and the smaller ones gets an equal -weight.
With small cap ( IWM ) leading the major index last week and the finance sector ( XLF ) being under the radar with good earnings, we might c a major breakout 2 the whole finance sector.
In the technical point of view' i identify one of my favourite pattern , The ascending triangle.
With that said, We might c KBE gets the upside i am waiting 4.
Small, Mid and Large cap stocks with TrendSpotter!Hi Guys,
Using TrendSpotter to plot winning moves in Small, Mid and Large cap stocks. Exciting times!
Thanks,
Enda
Small Cap Heaven!!!Hi Guys,
Some fantastic moves on the Small Cap side of things. The Pharma stocks are on fire! TrendSpotter was in the thick of it catching some moves.
Enjoy,
Enda
Buy IWM Tuesday to profit from the January effectThe "January effect" is a seasonal phenomenon in which small-cap stocks (especially those trading near their 52-week lows) tend to outperform large cap stocks. IWM, a Russell 2000 ETF, will likely continue to dip until Tuesday as investors sell off their losers at the end of the year for tax and reporting purposes. That makes Tuesday a good time to buy the fund in order to profit from the January effect. In January and February of 2019, the Russell gained about 5% against the S&P. It's relatively cheap vs. the S&P right now, having greatly underperformed for the last 18 or so months.
AII.TO -- Christmas Liquidation SpecialDeeply oversold at .43 (Daily RSI = 21) with a single seller reloading the ask. Trading at major discount to recent financing of .635. Last tranche is yet to close, so this is most likely one of the participants unloading a position. Stock tends to swing wildly when it gets oversold so I would not be surprised it will be back in the .60s after the iced ask is taken out.
Small-Caps May Be Set For Pull BackThe iShares S&P Small-Cap ETF has been in a bearish wedge pattern on its daily chart since early October. The price is once again testing the resistance line. The price is near an overbought condition while generating a bearish divergence on the RSI indicator.
I am targeting the support line of this wedge pattern first. If the price is able to break down through that support line then I will look at the $80.30 price level noted on the chart.
IWM - Watch out for rejection/double topTicker: IWM
IWM broke daily resistance of 161.93 during the trading day of Friday, 12/6/2019. However, it did not close above it which.
Clearly bears are trying to push the price down and we will see this Monday 12/9/2019 to see if we can break and close about 161.93.
If bulls do, expect bulls to keep going.
If we reject, it would be a double top and expect bears to pour it on.
Should be a good week for the Russell 2000IWM, a fund that tracks the small cap Russell 2000 index, has been trading in a range for the last few months. When the large caps broke out above their all-time highs, the Russell held back and stayed range-bound. Today, however, the fund broke out above the top of that range at 161.11. Assuming that it confirms the breakout by closing the day above that price, we should see IWM continue to move higher and perhaps test its August high at 173.39.
Large caps in my opinion have gotten ahead of themselves and look very expensive right now, so the opportunity in the market would seem to be in small caps. Check out this chart showing their current relatively inexpensive valuation compared to the S&P 500:
Small caps tend to outperform in a low interest rate environment, so in the next 6 months I expect IWM to climb back up to .58-.60 per share vs. the S&P from its current level of .52.
