BKMT Inverse Head & Shoulders in play - Do not buy yet $BKMTOne to keep on your watch list before entering a position
Dilution and shorting is ongoing but wait for the squeeze opportunity
Buy zone between .04 to .14
Do you DD
S&P/TSX Composite
Technical Tuesday - Canadian REITsTechnical Tuesday:
Technical reasons to be short Canadian REITs (XRE):
Mid Term (Trend):
- Median Line with 80% chance to return to median line, once re-enters channel (Andrews)
- Rising Wedge
Short Term (Trade):
- Exhaustion Gap (x2)
- Double Top
- Dark Cloud Cover
Speculated movement within John Hill-Gann.
Elliot Wave Projection forecasted.
GLHF
- DPT
CNC $5.8 Price TargetBeautiful Canadian stock.
Looking at a +$1.4 on a per spike basis.
We know the value in nickel - for the potential EV market.
If you want to set a stop, do it at $2.5 so that you don't lose out in a potential sub 3 dollar dip. I would buy more, you only lose once you sell :)
$5.5+ price target.
Love it long. Will be buying at either 3.25, or at 3.5 on its way back up. And of course again at supports, and again below support up to $2.5
You're welcome in advance.
*Not a financial advisor.
**Don't judge me on my winners. Judge me on my losers, because there are so few.
Buy the break out of this falling wedgeIncreased volume today set off alerts. Lots of NFT hype as well as Coinbase IDO $Coin hype. BTC new ATH today. So much excitement for $BKMT ahead!
$ACDC Bouncing off supportACDC bouncing off the 100MA, Bullish divergence. Short term targets set up.
Golden Cross Alert Golden cross Alert - 100 day MA is about to cross the 200 day MA which is very bullish
$XLYPrice bounced back after Monthly RSI hit bottom & Daily price formed a strong Bull Div. (Yellow indicators)
A push above Monthly Resistance 1 would bring price into it's new consolidation channel where MR2 represents the top.
Price has been holding in the upper range of its current channel despite daily declining volume.
if price fails to break MR1 confidently, price will oscillate between historical bottom and monthly resistance 1 (70% downside) providing good accumulation opportunity.
A push above MR1, would lead to a potential 90% upside till MR2.
Expect a Test of MR1 as new support.
Once MR2 is reached (tested), it will be heavily shorted and then bottom out at MR1 before moving in for another push.
Would not enter here if not already holding.
If holding, Sell here or hold till MR2.
Low Risk Play: Wait for second test of MR1 as Support and target second test of MR2.
$NDM Descending Channel - Currently BearishBearish currently with lack of volume. Currently bouncing between support and resistance. Stay out of the chop and buy the break out. As this is the largest mine in North America the price will grow in time but short time plays are within reach as it grows. Long term potential is amazing!
MVMD Price Target $3.05 to $5+Just an idea out there. Been watching this for a while. My avg at $0.44, 1.68, 1.85.
Liking this for a good 2 to 18 month play.
Tell me what you think?
Shawcor SCLSCL testing summer high in several of the last sessions, good long opportunity with the rising price of oil. Look for a breakout in the next few sessions.
Bullish Uptrend ^^^-Fibonacci: Broke upward on the pullback above the resistance in the flag.
-MACD starting its cross
-Stochastic RSI momentum going up
-Elliot Wave impulse.
-Real Bullish Candle
0.70 Low Target
0.80 Target
0.95+ Blue Sky Target
First time posting analysis... Feel pretty good about its projection.
See what today brings.
$BKMT Cup & Handle AND Golden Cross$BKMT TSXV / $BKLIF OTC ~ 2 Catalysts in play, Cup & Handle + Golden Cross. Chart is extremely BULLISH
Its a pressure cooker now with volume already coming in. Price is going to go parabolic. 3,4,5X?? Its a mining blockchain stock. Anything can happen!
$FIRE Buy the breakoutSafest play here is to buy the break out of resistance. Make an alert and you can move on to your next play.
Rio Can REI.UNREI.UN
Trade + Long Hold idea
2 Month Trade Idea.
Buy zone between $17.80 and $18
Once stock clears overhead resistance at $18.55,
that would be confirmation of breakout.
$BKMT Golden Cross Alert!Golden Cross on the daily. We will see volume come in fast and price will pump. Will it 2 or 3X in price?
We will see soon enough!
$BKMT #BMKT
FLYY Golden Cross AlertWatch for the break out on the RSI. #Goldencross is very bullish and volume comes in fast and price can go parabolic. This ones been consolidating slowly and is due for its continuous uptrend. #roundingbottom
$LMLLF / $BUZZ Ascending ChannelBuy the break out of .145 and its running. Amazing volume today and continues to rise.
Enjoy the ride up!
SONA- POTENTIAL BULLFLAG BREAKOUTSONA Looks like its ready to break out of consolidation after a recent spike up in the last month.
Ill be watching the current support level at around $1.62 and try to enter as close to that price as possible.
Still quite a hot sector as this company focuses on administering Covid 19 tests as well as other Lateral Flow Tests which are used in various industries.
They recently got their covid 19 test approved for use in the EU at the end of December, and could possibly be the reason this spiked up around that time from $1.14 up to +$4.00.
Lots of potential upside left on the chart from a technical view.
I'm personally looking to only play the breakout and exit at around $2.25 or so, however that may change depending on momentum and how well it breaks out (if it does) of this bull flag/wedge.
Goodluck Traders! Please leave your comments below if you are looking at this as well!
$LMLLF $BUZZ Buy The BreakoutThe trend is your friend. Been consolidating with volume. Solid potential gains on this chart. Buy the break out!
#otc #tsx #cse #otcmarkets #ascendingchannel #stocksignal
