HEXO, Keep waiting...Keep waiting for a clear MACD reversals if you want to buy. HEXO is testing its support and it's almost oversold... Also, for what it's worth, Hexo got downgaded from Outperform to Perform by Oppenheimer, but analysts are always late to call the shots IMO ... Follow what the trends say!
S&P/TSX Composite
Vanadium battery metals slow and steady. i love this sector. i'm no scientist but from what i've seen vanadium is longer lasting. as always lets just wait and see
Bullish on gold?I'm not quite sure about that gap but this one seems like a good one to go long on, can be seen by the good volume.
CIBC | 40% Short Trade SetupConfirmation: 99.65 (weekly candle)
Invalidation: Local high
Type of Trade: Countercyclical (EMA50 above EMA200)
Target: 56.46
TF: Weekly
Leverage: 2x
Pattern: 1) monthly rising wedge reversal with 2) break of weekly support, and 3) break of major support line.
Monthly view: