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S&P/TSX Composite

AGN Long, but caution!Another stock getting some attention during COVD. These guys have a good model, basically standing on the shoulders of others and reworking their formulas to make their own Vaccines. There is potential for this company post covid, provided they get a vaccine going. I took a small stake in this company based on Pre Covid activities. IF they do end up getting a vaccine going, imagine the spike it could see. Mere mention of it made it increase large, I don't even need to draw any trendlines here. This one is kind of a gamble right now, but the rewards could be massive! Short term, i'd say there is some upside potential, but we need to beat others to the punch and get a vaccine out soon. CSE:AGN
CSE:AGNLong
by Dirtweed
2
WHICH PRICE A NOVICE INVESTOR MUST BUY AIR CANADA-04-17-2020****************************************************************************************************************************************************************************** Decisions to buy, sell, hold or trade in securities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of “Day Trading” involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and the ability to bear financial risks. ************************************************************************************************************************************************************************ WHAT CHART PATTERN AIR CANADA IS PROBABLY BUILDING? The forex rising wedge (also known as the ascending wedge) pattern is a powerful consolidation price pattern formed when the price is bound between two rising trend lines. It is considered a bearish chart formation that can indicate both reversal and continuation patterns – depending on location and trend bias. source:https://www.dailyfx.com/education/technical-analysis-chart-patterns/rising-wedge.html WHEN SHOULD WE TAKE POSITION? WE CAN TAKE POSITION AT ANY TIME IF YOU ARE A GOOD INVESTOR AND YOU CAN ANALYSE QUICKLY WHAT THE MARKET IS GOING, ACCORDING TO THE PREDILECTION WEDGE PATTERN HAS 5 POINTS SO WE CAN TAKE POSITION IN POINT B, C, D, E BUT THE RISK LEVEL IS NOT THE SAME B IS STRONGLY HIGH C IS HIGH D IS MEDIUM E IS LOW THE RECOMMENDATION FOR INVESTORS AND NOVICE PEOPLE WILL BE TO WAIT FOR THE BEST TIME AND THE BEST TIME WITH A LOW RISK IS THE POINT " E BECAUSE THE MARKETS WILL REACH A GOOD SUPPORT LEVEL TO CHANGE BEARISH TREND TO A BULLISH ONE. IN CONCLUSION, THE BEST PRICE IS AROUND $8-$6 .
TSX:ACLong
by Quotendance
2
TSX KEEP SELLING- I DO NOT TRUST THE REBONDGood afternoon or Good evening, My wife received a call from her bank, the bank told her it's good time to buy stocks and the agent asked her to invest now because the stocks are cheap. I do not think it is a good time to buy stocks and if the banks call the customer to tell them it's a good time to purchase stocks that can be dangerous for people they do not have stock knowledge because this crisis is not done yet and probably some companies will go bankrupt. Ok, what the chart says, The market built a triangle pattern that we notice earlier this month. The market did a rebond but I do not trust it all and keep think the market will be selling again. If you want to invest, gold is a good idea but you have to do your own search before invest.
TSX:TSXShort
by Quotendance
1
the Canadian composite index - will keep selling - 2020-03-12Pattern: Triangle pattern The triangle pattern is a specific figure formed on the price chart, typically identified when the tops and the bottoms of the price action are moving toward each other like the sides of a triangle. When the upper and the lower level of a triangle interact, traders expect an eventual breakout from the triangle. As such, many breakout traders use triangle formations for identifying breakout entry points. Analyze ; Yes, the composite index Canadian is building a triangle pattern, you can notice when you reverse the chart, I like to do it because it gives you a better understanding of the chart sometime. We already reach point fifth of the wave so now idea is the market will sell until they break the triangle but we can see we have a support level before reach the second red line 8093. For now, it's possible for the market to bounce on the first red line that means 14000 and go back down or bounce and change the direction. but there is a high probability the market will go down and reach the second red line. The recommendation that will be purchasing a put option to protect their investment.
TSX:TSXShort
by Quotendance
1
The Bottomless BottomTiming the market with the limited information available to us is nearly impossible, use the strategy that the most successful hedge fund investor in America uses "Ray Dalio" One of his core principles are to buy in increments when the market is bearish with your cash on hand. The key is not to buy with all your available cash on hand at ONCE, this is essential because when the market drops even lower you'll be able to take advantage of this additional discount. Based on the technicals, i believe the market is still trending downward due to the Fibonacci & RSI There will be temporary bounce backs but be CAREFUL these temporary bounce backs are just bear flags and fools gold at best. Analysis of the fundamentals tell me COVID virus still spreading & has yet to hit the USA as it is only in its early stages. Good Luck my friends, keep looking forward to the bullish days. - Shane
TSX:TSXShort
by jungmetro
ABX : Buy Setup There are 3 reasons why I chose ABX stock: I am looking forward to a downward movement in USDCAD. (More explanation on Related Ideas.) I also follow up the stocks related to the precious metal sector traded in the S&P 500 Index. You can follow and let's communicate ) I think that precious metals are discounted according to the World indices.This is the most important reason. (More explanation on Related Ideas.) Technically, it is suitable for long position. Parameters Risk/Reward Ratio : 1/2.59 Stop-Loss : 21.79 Goal : 25.88
TSX:ABXLong
by Noldo
S&P/TSX Composite Index can test Minor Resistance LevelsWhen we look at Canadian instruments during the Autonomous LSTM Adaptive period: We see a cheapness in both stock markets and currency. Even though I have a positive opinion about the target, let's try it out in small quantities and leave more position size in case of a second try on negative scenario. This analysis can be more risk-free with the following parameters: Position Size : %1 for Index Futures or Small percentage of Portfolio Risk/Reward Ratio = 1/1.99 Stop-Loss : 16911.75 Goal : 18032 NOTE: The unapproved short signal is the leading indicator of volatile movements. So let's be careful. Let's leave more room for the second attempt, which, when the circumstances are in our favor, let us gain much more of our loss. Regards.
TSX:TSXLong
by Noldo
YRI : Long SetupThere are 3 reasons why I chose YRI Stock : I am looking forward to a downward movement in USDCAD . (More explanation on Related Ideas.) I also follow up the stocks related to the precious metal sector traded in the S&P 500 Index . I think that precious metals are discounted according to the World indices.This is the most important reason. (More explanation on Related Ideas.) Technically, this chart is suitable for long position too. Parameters Position Size : I recommend a small portfolio weight just in case. Risk/Reward Ratio : 1/3.49 Stop-Loss : 4.16 Goal : 6.36
YLong
by Noldo
6
Exchange Income Fund: One of my Top Monthly Income StocksEIF is a rare stock where you get decent capital appreciation alongside passive income. Not only are these two factors attractive in itself, but they have also increased their dividend virtually every year for ages with no decreases. Their diversified portfolio and continued record revenues makes this stock an amazing buy and buy off dips. There can be some pullbacks on dividend stocks so you never want to throw "in" all your cash at once. Exchange Income Fund (EIF) and A&W Royalty (AW.UN) are two of my top monthly dividend stocks that have sound technicals and will continue to provide investors with strong value over the long-term. In my opinion these two aforementioned picks represent some of the top monthly dividend stocks both in the TSX and NYSE/NASDAQ; strong charts and a remarkable dividend hike history is exactly what investors should be looking at for passive income. If you look around the market, monthly dividend stocks are very rare. Its even more rare to find monthly dividend-paying stocks that actually have "nice charts": these two are my favourites. - zSplit
TSX:EIFLong
by PaulDeep19131