Aritzia, should we buying this bounce ?I am buying this here with a stop loss around $45 right around the 200 daily ma. if it breaks below I will wait and try to re enter.
Next earnings in May, last quarter estimates were 40 cents they reported 65 cents, this quarter estimates are 24 cents and I am willing to bet they will come well over that again.
Torontostockexchange
LIF is looking bullish on Daily frameLIF stock is looking bullish on Daily frame also this company pays high dividend, it might be a good mid range call for Canadian Investors.
You can enter now or wait for breaking upper trend but keep in mind your stop loss: 1D candle close below 35.50
All the best!
Looks like there is more blood to come on Bay St Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
I'm saying there is more blood to come on Bay St. Because of looking at the daily chart and putting on my version of the RSI.
Since the 11th, it has been heading down very fast, and with my version of MACD, it's still looking like it's not slowing down for at least a couple of days.
And using "Linear Regression," my look back is the last 100 days and 10 days, then 10 days is heading lower of the 100 days, and I'm using Linear Regression as support and resistance.
Things are looking UP for $WELL:TSX$WELL:TSX
It looks like WELL has possibly finished the current - local - downtrend that it had been going through which saw it come from a high of $8.86 to a wick as low as $7.12.
There are a few key points of resistance (dashed - red) that it will need to break through on its way back up to its main uptrend line (purple) with the heaviest being in the $7.73-7.76 area on the chart.
This could be played as one longterm trade with a single entry and exit, or broken up into multiple smaller trades to play the local action in-between resistance and support along the way. Let’s see how things go after we get past the first key area of resistance at $7.53.
* This Content is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.
GOLDMINING INC (GOLD) Ready for Next Rally? (+34% Potential)Hello fellow traders,
Today we are looking at the daily timeframe for GOLDMINING INC (GOLD) on the TSX. As we can see, GOLD peaked around $3.85. It has since corrected, printing a double bottom at previous resistance, in between the 50/100 EMAs (yellow/pink).
Prices have broken and are now trading above all EMAs. The RSI has increasing fast, and the MACD has just given off a bullish cross. Additionally, we have increased volume coming in with prices moving up. All of these signals are bullish. The key levels to watch here around $3.40 and $3.60, past which, prices can easily jump. On the chart, I have marked the three likely paths using arrows that prices should approximately follow. Depending on the level of resistance ahead, primarily at the $3.60 level, prices may either jump or correct back down and continue trading in this wedge.
A potential entry zone now would be $3.10-$3.35, with a second entry around $2.75-$3.00 if prices break down to the next support level. An immediate target would be at them most recent highs, around $3.80 (+14%). A breakout past the most recent high could launch prices up to the 1.618 Fibonacci level, at around $4.50 (+34%) in the short-to-mid term. A stop loss could be placed in the $2.50-$2.60 range to be safe, however I am not using one as of yet because my entry was at $2.94. Keep your eyes on this one!
Let me know your own thoughts and comments down below. Remember to leave a like if you enjoyed, and check out my profile for more stock and cryptocurrency trading ideas. Thanks for reading!
Price at writing: $3.24
ESPORT IS BOOMING AND IT'S JUST GETTING STARTED perfect for long, swing or day trading. i've been in and out of this stock for over a year, income over one large sum of money. the potential of this industry is enormous just like in the east, gamers can live like top paid celebs. if you know about support and resistance you're good to go with this one