Wedge Broken Towards UpsideLithium X Energy Corp. has just broken the small wedge it has been forming. The reason I think this trade has a nice upside is because the StochRSI has been showing an oversold level for a while now, the squeeze momentum indicator is showing that squeeze is on, and the stoch is just above the 20MA which it has been respecting.
Tsxv
TSXV Micro-Cap Trend TradePure Energy Minerals has been on an uptrend over the past few months. As you can see on the chart, price has been following a trend line that the stock has recently met again. The price has been respecting the 20MA - 50MA during the uptrend and price is currently positioned right under the 20MA, for me this looks to be an area of value to buy for the next move up. It has just had a very bullish day and the StochRSI has shown it moving up from an oversold level, also the Squeeze Momentum Indicator is showing that the squeeze is currently on and the MACD is about to cross to a bullish signal. Next resistance is around $0.93 and my price target is $1.06
Trade valid until price closes below trend line.
ANF, ANFIELD NICKEL CORP LONG ONE TO LOOK OUT FOR ANFIELD CORP! 300% RISE SINCE MID APRIL. AS GOLD RISES SO DO MINING CORPS I EXPECT THEM TO DO REALLY WELL IN THE LONG TERM! NEW AQUISITION OF MAGELLAN MINERALS LTD. THEY ARE BUYING UP NEW PROPERTY READY FOR A BIG FIND!
