S&P/TSX Composite
I LOVE THIS STOCK saw this company and fell in love with the product. nothing but profits with this #ATM. #longandstrong
MDNA RISE!MY analysis of bullish trend for MDNA.
SELL AT 2.11 ON NOVEMBER 20 in my opinion there will be a retracement.
Possible Cup & Handle Formation (BULLISH) TSX:RNX - Full Pattern formation yet to be confirmed (Risky)
- Chart is currently sitting at a sloppy head and shoulders top (Bearish pattern)
- wait for head and shoulders top pattern to fail before considering taking a position
Target: $0.51
Buy Range: $0.37-$0.42
I am not a professional
Potential rally to $24 in 2020Looks like Aurora Cannabis has formed a 5,3,5 ABC zig zag correction. The C-wave should bottom out around $3.60 area. From there, we should see a motive phase to $24 if the 161.8% fib plays out late 2020.
Possible scenario for ALEFThis is roughly what I am looking at right now. A lower low would invalidate this.
Time for an Aleafia bounce?Aleafia looks like it is ready for a bounce at the very least.
The RSI is also forming an ascending triangle.
Easy risk to reward on this one. Either it breaks out from a $1 entry with a target around $1.50 or it breaks down from the $1 level, invalidating this trade idea.
Short term pullback on Crescent Point Energy likelyDaily 9 on the TD Sequential. CPG has gone up exponentially so I am expecting a pullback at the very least the prior support level. A daily close above 5.6 would invalidate this trade idea.
TSX-USA Short Position confirmed TSAccording to our analysis this is stock will start a bearish trend going down to 3.5 levels where will test support, if it breaks could be a good opportunity to buy.
Custom Canadian banks index in CAD with yield curveGreen line is CA10Y bond minus the average of the 5,2,1 and 3 month.
SRU.UN Monitoring LongWeekly candle blew by support indicating more down movement to come.
Monitoring support zone outlined. Great company anchored by Walmart and a great group of holdings.
Upside potential includes massive apartment tower currently under construction in northern GTA. Superb management/ leadership/ company.
waiting patiently to buy.
i'm thinking of parking some money herereal estate stocks are my favorite when it comes to real estate investing, no carrying cost and you can apply dollar cost averaging. And this has a monthly dividend also, perfection.
remember this gem from march 28, 2018my followers and subscribers got put onto this gem in 2018 at $4.20 and a dividend increase is coming in october. Now this is what you call an investment. sold my shares a while back at $5.20
I JUST LOVE A MONTHLY DIVIDENDgonna park some of my money in this gem with strong growth, this is my type of real estate investing
TSX: Slow Decline; CDN Dollar To Rise Noticeably through 2020As we continue to slowly tip-toe in a global recession likely sometime in 2020, with a bear market in the stock market set to happen at anytime within the next year, the TSX will only follow suit. As always, nothing goes up and down in a linear straight line. There will always be fake outs for bulls and bears, but the overall trend of markets around the world will be in the decline - even if we re-test ATHs at some point.
The TSX. compared to the USA indice counterparts are typically delayed by 3-6 months from troughing out, and losses are typically muted somewhat (comparatively speaking).
As history takes us back to 2008, the USA typically sets the bar between Canada and the USA for cutting interest rates. Because the USA cuts rates typically 2-4 quarters before Canada, usually the DXY falls, while the CXY rises. I would not be surprised before the end of Q1 2020 if the Canadian Dollar is back near 90 cents US. By Q4 2020 or Q1 2021 the CXY may be back on par and potentially worth more (again, temporarily) before falling in 2022.
As I have said in many of my ideas: long gold, long silver and buy and hold weed stocks (for now) as they are a sector guaranteed to rebound in the near-term. Which ones do I recommend? CWEB, VGW and Planet 13 for direct players; ENW and GRWG for auxiliary players. Always choose your entries wisely and never chase break-outs; wait for pullbacks.
It is important to hedge accordingly. The overall market has overextended and I would refrain from investing in the big stocks in the Dow, SP500 and Nas100. Pick your entries accordingly and I recommend 50-60% of your portfolio should encompass gold and silver with an additional 20% in weed/weed auxiliaries and 20% held for any potential entries on stocks set to rebound or for shorting leveraged funds like the HUV and TVIX.
- zSplit
i like to invest where i buyfound this at $28 right when they started taking on mail pickup. holding long, love the monthly dividend. they just keep expanding all over the GTA and up the 400.
VFF Bull Continuation Possible Soon VFF has pulled back in two legs sideways to down after a strong bull rally. The bulls have a 60% chance of a second bull leg up before there is a strong bear reversal. Last week broke below the 14 first leg down. This is where the bears need to be the strongest. This is also where strong bulls (and bears) will start looking to buy for trend continuation. However there is not yet a strong buy setup. If this week closes on its high, it could signal the end of the correction and soon enter a bull channel phase for a second leg up.
There are many bull gaps below, and the rally contained strong buying pressure. Furthermore, the sell off has not been all that strong. Last week was one of the strongest bear bars, and created a gap around 14. Since there are no previous open bear gaps, this one will likely be filled as well, and may act as an exhaustion gap. The bears need to keep the gap open and create strong follow through selling to increase their probability to 50% for a test of the bull breakout.
To learn more about how to determine the directional probability and how to structure a trade based on this with a positive traders equation, please see below.
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Cenovus finishing up Wave B and heading to Wave CWave B should finish around $13.14 are from the micro fib extension I did for the ABC wave. After that, if $13.14 hold's true, wave C will bring prices down to $9.18 area.
One of my top bio canadian stocks love swinging this one. i think it's time to close my may position
Daily Canada S&P/TSX CAD stock market index forecast timing anal27-Jun
Price Forecast timing analysis by pretiming algorithm of Supply-Demand strength
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: In the midst of a downward trend of strong downward momentum price flow marked by temporary rises and strong falls.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.0% (HIGH) ~ -0.2% (LOW), -0.1% (CLOSE)
%AVG in case of rising: 0.3% (HIGH) ~ -0.3% (LOW), 0.2% (CLOSE)
%AVG in case of falling: 0.2% (HIGH) ~ -0.5% (LOW), -0.3% (CLOSE)
Price Forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
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!
