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S&P/TSX Composite

Will Canopy Growth (TSX:WEED) Give Us an Early Christmas Gift?Like many stocks on the TSX, Canopy Growth Corporation has had a choppy November. The wild swings make for some very fun trading, but quite a bit of risk if you're not interested in holding bags. Here are four trades picked up by our AllTradeSignals Volume Pressure Gauge over the past couple of weeks: Trade #1 - 40% gain in 8 days Trade #2 - 2.5% gain in 30 minutes (!) Trade #3 - 8.5% gain in 20 hours (!) Trade #4 - ... where will we end up? Although 50% in gains in 3 trades is already a solid November... where will trade #4 take us? For me, I'm all for setting a tight stop loss on this one. No looser than -5% should keep us safe for any immediate swings. What do you think? Interested in the AllTradeSignals Volume Pressure Gauge ? Get in touch with us here on TradingView!
TSX:WEEDLong
by BlockLevels
The Roller Coaster: Getting High (and Low) with AphriaAs with many of the TSX equities, Aphria has been swinging like crazy in November. Volatility is where the money is made, so let's take a quick look at some opportunities that our favorite marijuana stock has presented. Here are three trades picked up by our AllTradeSignals Volume Pressure Gauge over the past couple of weeks: Trade #1 - 30% gain in 8 days Trade #2 - 3.5% gain in 30 minutes (!) Trade #3 - 8.5% gain in 1 day (!) Don't be like some of the crazy folks on /r/weedstocks -- be sure to set trailing stops and stop losses when you invest in volatile equities like this one! Interested in the AllTradeSignals Volume Pressure Gauge? Get in touch with us here on TradingView!
ALong
by BlockLevels
Swing Trading: Catching Up with Cenovus (TSX:CVE)Cenovus Energy seems to be swinging wildly as it gets ready to settle in for the winter. Here are two trades picked up by our AllTradeSignals Volume Pressure Gauge over the past couple of weeks: Trade #1 - 10% gain in 9 days Trade #2 - 6.5% gain in 1 hour (!) (Side note: For me, trade #2 is still "open" as I feel like there's room to run. But you could have taken profit there for an easy 5% once it started to drop.) 16% in two trades... enough to upgrade your family's Christmas gifts. Interested in the AllTradeSignals Volume Pressure Gauge? Get in touch with us here on TradingView!
TSX:CVELong
by BlockLevels
MEDIPHARM - Looking Beatiful!Dear Traders, Medipharm is looking like some sweet honey on a goat cheese cracker! They announced some pretty nice things this month, they obtained their License and the day after they announce a Partnership with Supreme Cannabis! They will make sure Medipharm is equipped with the best High Grade Cannabis you can get to let medipharm create High Grade CBD Oils for the market! Looking at the Daily Chart, We can see that Medipharms shows bullishness! Price action is now located above the main moving averages, so any entry around 1.50 is a pretty good one imo. With a stoploss under the 55 ma (blue line). All Medipharm needs right now is some more vol! This stock could easily hit the million in volume, but it just needs more investors. Let's see how this will playout on Monday. Will we get news again this week? Are more investor going to join? Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
LLong
by Raw_Blitz
Watch BOMBARDIER - ChannelTechnicals - Bombardier is in a parallel channel. The upper limit and 180EMA are overlapping and form a strong resistance. Price could bounce down, or break above and get a good run-up. If it happens to go up, it could go back to recent highs around 5.40. I am just waiting for a trend confirmation to get into the trade. Fundamentals - Bombardier made good progress on their airplane sales, especially with their C-Series planes. However, in a recent article, Financial Times warned about the difficulties the company has with railways products. In addition, the Motley Fool described Bombardier as a "shaky" investment as of now. Remember that the stock was trading as low as $0.80 in 2016. Such an improvement in this industry is huge. That is why I advise caution if you want to go long. Trade safe!
TSX:BBD.B
by Tutur
Big Cypher Pattern on Nemaska Lithium Technicals - Nice Cypher on Nemaska Lithium, Stock is currently at a strong resistance point, good time to buy. Fundamentals - After Morgan-Stanley's report on lithium, NMX dropped seriously low from its $2.44 pic. However, Nemaska Lithium is developing a different commercial model than other lithium producers. It is also backed by the government and therefore has a lot of resources to grow. Lithium production is increasing worldwide for sure, but Nemaska will produce high-quality hydroxide (which is more and more demanded) for a reasonable cost and will supply not only the car industry, but the phone, solar, and global tech industry. With numerous contracts already signed, I believe NMX has a strong potential and is probably underpriced. For more info - read FT report on NMX.
NLong
by Tutur
1
$TEST (FLUROTECH) - TEST, 4H : #1Probably messing something up here but this is why I keep making charts, UI practice, testing theories and gradually adding more data to each chart as I learn. ________________________________________________________________________________________________________ I am trying to visualize the price action as if I were entering a position based on the data until I am confident enough to do it in the market. DISCLAIMER: I AM PERSONALLY GOING LONG WITH DOGE BUT WANT TO TRACK/TAKE NOTE OF PRICE MOVEMENT IN DIFFERENT SCENARIOS, MORE THAN ANYTHING ELSE, WHILE LEARNING TO USE THE TOOLBOX + LEARNING TECHNICAL ANALYSIS . These are just theories I am testing out to see what I need to adjust based on results. ________________________________________________________________________________________________________ Leave me a comment if you see something I need to change, I'd appreciate it. THIS IS NOT FINANCIAL ADVICE.
T
by earnBTC4free-com
Significant Reversal in WEF?1. Daily chart shows "Three White Soldiers" or three bullish candles. Price is closed out quite well. Three such candles haven't been seen before at a low point in the downtrend. This suggests that this may be a significant low point. 2. Weekly chart show a bullish hammer followed by a week with a higher high and higher low. 3. On both time frames, bullish price action is happening at the lower bollinger band . Go long at 2.40. Stop Loss at 2.21. Projected price range is 2.75-2.85. Give it a little extra room, in case of a immediate pull-back.
TSX:WEFLong
by AnishBadwe
ARE WE HEADING TO ECONOMIC CRISIS?I don't particularly enjoy breaking the bad news but we are at record low levels for insured unemployment which is kind of scary for cycle followers. What we have seen for the last 50 years, a dip in unemployment usually followed by an economic downturn and we see a sudden jump on unemployment numbers. There are many underlying factors to this, which I will not mention here - but fundamentally it is because people start to become too loose and take their current situation for granted and start to overspent which is also encouraged by the media, government & banks! What shall we do? Assume it will happen and start planning ahead! and KEEP IT REAL!
FRED:CCSA
by Keep-it-Real
1
WEED, Canopy Growth Corp, TSX. The Big 100 Idea!?Keeping it simple. I personally am a bounce chaser, but occasionally like to post these long term goal charts. I drew a long term 2 year wedge, that leads right into 2021. This is a long time to draw a wedge for waiting for it to play out, as there will be many factors contributing to the ups and downs of this one. We have some sell signals on the weekly, which could destroy this wedge really fast, which may seem more practical. The momentum is still bullish but starting to taper off into a possible couple month sell off to the bottom of the wedge. This chart is for fun and perspective. Happy trading, debating and speculating!
TSX:WEED
by ToddGreen
Potential inverse Head and Shoulders pattern on PONY.to D chart.Price action just entered an area of historically strong resistance. Volume looks to have climaxed for the bulls and looks very similar to other volume patterns in the same resistance area that did not have enough oomph to push the stock through the price point. Obviously this will need to be watched for many days to determine if it does pull back and become an IH&S but the signals seem to point in the direction of the need to consolidate i.e. pull back before taking another run at the 2.86-2.89 area of resistance.
PShort
by JillsyD
1
Bombardier_(TSX:BBD.B)_July_17_2018For those of you considering shorting Bombardier, I think there is still some upside left or atleast the time is not yet ripe to short the stock just yet. Granted, that based on historical performance (atleast the past 5 years) the stock has reached close to all time highs (since about 2012). Furthermore, the $5.00 mark seems to act as a key resistance level which the stock is having trouble breaching through. However, as traders we should focus more on logic and less on intuition for better overall portfolio performance. An analysis of the Moving Averages(MA) indicate the the stock is in a uptrend. The price is above the MA, the short MA has crossed the long MA and both MA have an upward trend. In addition, the Accumulation-Distribution (AD) also has an upward trend. With news that the partnership with Airbus has been formalised, their new line of business jets about to enter service and the train division doing well it would be unwise to short the stock until and unless the trends indicate otherwise. The greatest risk to the company is its large debt that will act as a huge burden in a rising interest rate environment. With relations souring between USA, Canada and Europe, BBD.B is going to receive additional support from the Canadian government. Also Canadian and European Airlines are going to be prodded by the government to buy more CSeries Aircraft rather than the competing Boeing 737's. With Airbus coming into the fold and marketing the CSeries as one of their aircraft (as it has been rumoured), Bombardier seems to be well positioned to sell more planes. How much of that profit is going to go to BBD.B is a question for another day. My prediction is that the stock is going through a period of consolidation. If you hold the stock then do not sell just yet but depending upon your risk profile you may want to determine a good exit point in case the stock price indeed goes south. If you are yet to buy the stock, this consolidation might be a good time to buy but you want to set your stop loss at a appropriate level so that you do not lose a huge portion of your capital.
TSX:BBD.B
by advisacorp
SHORT VRX.T - Over extended, multiple gap fills, and bad press.MOVING AVERAGES: 30SMA miles away on the daily and its been previous resistance (for example Feb 27 2018 and March 16 2018) after breaking through on April 12th VRX blasted to the upside.. I am expecting the daily the close in on the 30sma line i've highlighted. CANDLE STICK: Dumpling top on the daily broke bearish. Also broke the daily higher low today. RSI: over extended on the daily, and 4 hour at levels that are known to pull back. GAP FILL: Gapped up on May 8th 2018 $24.46 to $26.14 PRESS: Ex-Valeant, Philidor executives convicted of kickback scheme finance.yahoo.com I dont think the news really matters that much but just ads the over extended stock that has multiple reasons the come down. I think the price will hit the $24 area. I'm short since yesterday at $28.32 TSX:VRX
VShort
by DonCase