$MAXMF What a GEM! $SOUSouthern Energy 2021 bounce back time! Multiple plays here and patience pays.
#oilandgas #Engergy #lightoil #naturalgas #acquissitions #OTC #TSXV #Roundingbottom
#Maxmf #Sou.V
This ones going to be a fun ride up
Tsxv
For those looking to capitalize on BTC / ETH, I present HIVEAnother Canadian-specific play, via TSXV (venture index)
Felt stupid for buying at 2.81, after a couple of days, break-higher out of the bull-flag formation has confirmed. Considering adding more to this on a correction, which might be starting. Have a very small position and would like to have a better dollar-cost average in case this becomes a long term hold much like QBTC. Hive is a mining company that mines cryptocurrency. The issue is that they mine ETH...which is headed for proof of stake. Hoping they mine a ton and just stake it as a strategy. Only the future will tell, and keeping it small just in case.
$PRO TSXV Pershimex Resources CorpPerfect rounded bottom and cup in the making.
100% + gains to be made
$FLYY Very bullish chart in the makingCup forming on on the chart. Easy 6 to 10x play in the making.
Do not miss out on the rocket ride up!
Click a like if you like what you see on the chart
GROW.V Breakout New 52 Week HighsIncreasing volume and price action past few weeks. Ascending triangle breakout confirmed today with rise above weekly ichimoku cloud. Low float micro cap stock. Disruptive agriculture tech increasing plant growth, new signed contracts and sales behind the run up. Previously ran to 0.70 in April 2019 with a lot less company traction and progress.
Price target 0.30-0.35 from ascending triangle break, stop loss 0.20 at previous resistance.
I am long GROW, recently doubled my shares at 0.15.
Solr.v on TSX Venture exchange - Up to 0.16 from closing of 0.09Trading Halt was initiated by the company for yesterdays session based on a headline today.
Very decent up-move on a headline $60 Million Project signed...will be following and no reason to sell at the moment. Has broken above resistance, will be monitoring.
finance.yahoo.com
Looking at HIVE on the TSX-VSpending some time in the world of financialisation of blockchain and cryptocurrencies. HIVE looks like an interesting player that has recently garnered some attention. Vancouver based and they specialize in ETH mining which will prove interesting because ETH is scheduled to be proof of stake...not so sure, have a bid in for a small amount of shares as I have limited capital at the moment.
Putting in a small order near 2.32 with an assignment to do some more study of this company. Not in a hurry to buy as I am not fully convinced that with Proof-of-Stake, their venture will find profit in the long term.
Long Play - MCLD Technicals Signalling BullishThanks for checking out this idea! Note: this is not financial advice. Trade at your own risk and with due diligence. I may or may not have a position in this security. Manage your risk.
On our weekly timeframe, we currently see a close above the 9 EMA, while RSI remains near oversold, and MACD is at a potential crossover - will we be rejected by the MACD signal line again, or will we see continuation to the upside?
If we look at the daily chart above, we will see a confirmation of uptrend, with the daily MACD crossing over signal line, and bullish divergence as price action goes down while RSI and MACD have been moving up. A push into positive MACD territory will be a major buy signal.
We can also note a candle close just on top of the daily 9EMA (grey) and close to the .382 fib level. A cross of the 9EMA over the 20EMA (purple) will pump price as algorithms get triggered.
Hope this analysis helps you guys out. Happy holidays and happy trading!
JNH Resumes Uptrend? Trade Setup (>100% Potential Profits)Hello Fellow Traders,
Here we are looking at Jack Nathan Medical Corp (JNH) on the TSXV. As we can see, this is a relatively new chart which rallied throughout October, reaching a high of $2.72.
The price has since corrected and formed a bullish falling wedge pattern. Additionally, following a breakout from the wedge, it has printed a double bottom in the $1.10-$1.15 range. Prices are now trading above the 10, 21, 50 EMAs on the 4H chart. We can see increasing volume, the RSI has risen above 50, and the MACD is increasing as well, all bullish signals.
Depending on how quickly this chart picks up, we could see massive growth, so I have marked some potential paths for the next bullish wave. Prices can easily move up from here. In the long term, a breakout past the high of $2.72 would allow for additional growth, with a target at the 1.618 Fib level of $3.70 (+184%). A potential trade setup now may be:
Entry: $1.20-$1.40
Targets: $2.10 (+61%) | $2.70 (+107%) | $3.70 (+183%)
Stop loss: $1.05 (-20%)
Let me know what you think down below and leave a like if you appreciate the analysis. Also, check out my profile or some of the related ideas below and be sure to follow for more chart analyses and profitable trade setups!
Price at writing: $1.30
Mako mining is ready to pourMako mining is ready to pour in January and has several bullish technical indicators showing signs of accumulation.
Key Indicators:
- 9 year downtrend broken
- Multi-year long double bottom in play
- Confirmed Golden Cross on the weekly
- Bounce off oversold on the weekly
- Weekly Stochastic RSI turned up, still in oversold territory
- Bounced off of the 200 week moving average
- Major resistance area should be weakened having completed the first test in Jul - Aug
Short term price target: .65 - .75
Long term price target: $1 - $1.25
TSX growing within a rising channel HSH pattern was expectedTSX
Has managed to broke the September month sell off and managed to broke the upper channel trend line and started to growing in the rising channel.
And the TSX umped after the retracement towards 16280.00 which is a .50 Fibonacci retracement level's currently reached the minor resistance level which is 16500.00 we can expect the value will rise continuously in coming days towards 16840.00 which is a major resistance level at this level major head and shoulder pattern may formed and will fall towards the lower channel trend line
Disclaimer!
This is a next possible movement of the market. Its not a financial advice
Absolute Software analysisThis stock is a definite buy. There is a potential of 44% profit. Sell at Hell or Sell 2 signal. If the chart falls, we can buy at support and sell at resistance after confirmation.
$TNR- TNR Gold CorpI hear the hype and knew of the hype from time with Mike Maloney.
Another Mentor whose been making such great videos online for people to watch, I finally was able to pick up some shares now and sit on them for a while. Ill probably pick more up in the future but lets see if my predictions can be accurate on a long scale play....
#InvestSmart
#TRADESAFE
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
Austral Gold 10 BaggerCheckout my other post for some fundamentals, looking at the long-term chart view of AGLD we can see that a possible bottom has been carved out and is forming a bullish inverse Head and Shoulders pattern. As gold continues to rise, the un-hedged production at Austral will continue to generate cash to fund drilling and acquisitions without dilution. A dropping gold/silver ratio will add value quickly to the paused casposo asset.
I personally expected gold to break $1600 by the end of Q1, it did that by the end of the first week of 2020. With that sort of interest in the metal I would expect gold to trade up into the 1700-1800 zone by year end and possibly even record highs by this time next year.
Austral just posted new drill results 7km from their existing chilean operations. highest section was 19g/t over 1m.
GLTA.
TSXV:AGLD
Aurora Clean Tech RisingAurora Solar Technologies a low float big potential company. Fully diluted share count of just over $96 mil along with Sales presence in Asia, 50% gross Margin, and a current addressable market of $435 mil + in the growing clean energy sector.
They provide a suite of In- line Solar cell visualization and diagnostic equipment to aid in the manufacturing of solar Cells, Allowing companies to cut cost due to Labor and poor cell quality. They have been obtaining repeat orders / larger orders of this suite of Equipment as well as just received a order from the world's largest Solar Cell Manufacture which speaks volumes to where this company is heading.
Currently in a bullish up trend trading just above its .115 support and with both dema 11/22 cross and moving higher along with A/D above its ema I see lots of short term influence to keep this stock rising. Financials at End of Feb and news of any more new volume orders should break through .15 and reaching .19 in Feb. I currently hold a mid term goal of .26 but with growing orders new improvements to the system along with order from World Largest manufacture and the Savings to the Manufactures they provide I see Aurora heading towards $1 going into 2021
48North - The Small Cap Cannabis Company To WatchI have maintained a long thesis on 48North Cannabis Corporation since October 2018, and the trade worked wonderfully into March of last year. However, 48North pulled back alongside the entire cannabis sector, and rightfully so on some of their own missteps.
As a brief introduction, I believe 48North's competitive advantage stems from their outdoor grow operation, creating a low cost of goods operating model that will enable 48North to price products competitively and reward investors with higher gross margin performance when compared against the peer group. It should be noted that 48North missed their production guidance for 2019- resulting from delayed licensing for drying rooms. In 2019 48North demonstrated that outdoor grown cannabis can be completed at scale, at a low cost, and successfully pass Health Canada's quality control standards.
From a chart perspective I'm considering the Elliott Wave ABC pattern to be completed with a clean retracement & double bottom at $0.315 - neatly correlating with the 161.8 fib extension of Wave A
Current Market Cap: $63M
Cash on Hand: $40M
It is my opinion that 48North's cash position reduces the need for any capital injection through 2020. Frankly- it is going to be in the hands of 48North to demonstrate in 2020 that they truly can achieve their projected outdoor harvest numbers with drying capacity not being a barrier in 2020.
GROW LongBroke out of descending wedge today, daily stochastic and RSI crossed out of oversold. Nice rebound from support in low 0.20s. Weekly candle looks like trend reversal, very few shares for sale and bids stacking up. Next few weeks should be good!
Hopefully see 0.40 again soon. Health Canada clarification October 17th for use on cannabis and new contracts being signed in the near future!
$SCR.V theScore sports betting playShort:
aug 22nd meeting will probably turn into a launch announcement
NJ launch before NFL season
PENN and John Levy price premiums at 59c CAD
Mid-Term:
united states 2018: $150B sports betting revenue vs. ~$15B cannabis revenue
large insider holdings
Long term:
PENN deal gives future-proofing into the states as the legalize over the years
Canada should legalize as a form of taxation, have made bullish statements regarding working with companies.
overall very bullish, everyone is crying out for a recession not knowing sports betting will be the next boom cycle. will be looking into esports avenues depending on how esports sports betting goes as the another upside potential in companies like $EGLX.