Upside for BlackBerry?Reversal pattern found on BlackBerry. Confirmation low on the three rising valleys pattern with huge potential upside.Longby farmerjuan1
Is this what I think it is?Is this one of those beautiful, big picture set ups? Not going to tag anything other than cup & handle on this one. What beauty, if so. In the last bull market for gold, this one did 3200% for the 188% move that gold did from 2000 to 2008.Longby DollarCostAverage0
GSHR LongEntry yesterday on this one, broke and held the 236, sitting on top of the weekly 200, looking like clear sky ahead. Grabbed a 15 min entry as the 4hr was still under the 200 weekly MA. Usual SL management. Longby tradersteve22Updated 1
Wheaton Precious Metals (WPM): Fibonacci Levels to WatchToday, our focus is on gold mining stocks, with earnings reports from Barrick Gold TVC:GOLD and Wheaton Precious Metals NYSE:WPM in the spotlight. We’ve zoomed out on the NYSE:WPM chart to assess the overall structure and identify longer-term opportunities. Building a portfolio with some exposure to the commodity market is, in our opinion, a solid strategy for diversification. NYSE:WPM appears highly correlated to Gold OANDA:XAUUSD and is currently sitting on a crucial trendline while hovering in the minimum target area for wave 3. A drop into the $78.5-$68.5 range seems plausible to establish the wave (iv). Ideally, the stock would then resume its upward trend, targeting higher Fibonacci levels for wave 3. In the broader picture, Wheaton Precious Metals responds well to trendlines, and a potential move into the $64.2-$52 zone could also occur over time. If Gold continues to rise, NYSE:WPM may follow suit, and during Gold’s peak, mining stocks like NYSE:WPM could outperform the physical commodity significantly. We are closely monitoring this setup and evaluating whether to execute it. Remember to always conduct your own research before making any investment decisions!Longby freeguy_by_wmc1
Clean Chit for more than 25% POWHello, traders community, This Canadian power corporation has shown consistent revenue growth due to its expansion into renewable energy assets. Given the recent shift towards clean energy, the company is well-positioned to capitalize on new government incentives and regulatory support aimed at reducing carbon emissions. This stock has recently broken its resistance and formed support, I have taken a target of around 27% using a monthly chart. The company’s recent earnings beat consensus estimates, with a significant increase in renewable energy revenues. This trend is likely to continue as the demand for clean energy rises. Given market volatility, position sizing should be managed carefully. Aim to risk only 1-2% of your total portfolio on this trade to align with sound risk management practices. Longby fatehgarhiaharman0
VQS LONG Not often I'm reviewing charts and happen upon a Monthly CCI cross. Purely point this one out as a possible cycle change. I am monitoring on a 4hr CCI alarm, may buy a little as the daily MA's are facing up with a bit of headroom before resistance. Will keep it updated if i enter. Longby tradersteve22Updated 0
ATD.TO Possible upward movementGetting support on curve. Will ATD.TO follow the path and move upwards before end of the year? Let's see how it goes ! Longby ssonissaurabh0
BMO Long H4Buy Stop Entry @ 112.68 S/L @ 109.08 T/P1 @ 127.48 T/P2 @ --------- R.R.R. @ 1/4 Pure Price Action analysis based on Breakout of target level.Longby MyMainBox369Updated 0
Gold VGZ SmallcapsVista Gold Corp. Still in the beginning stages of the commodity bull market. This train is running express. Minimum hold 2 years. Let's go!Longby GuardianFX0
Gold VGZ SmallcapsVista Gold Corp. Still in the beginning stages of the commodity bull market. This train is running express. Minimum hold 2 years. Let's go!Longby GuardianFX1
BRK ETF LongEntry here on todays rally. This ETF is preforming well in comparison to others. Usual SL management of trailing the weekly candles. Longby tradersteve22Updated 2
Fries and Deep Fry Oil consumption Stock for the savingBeyond Oil - Boil.cn stock (Candian market) an Israeli company that has made significant Oil refreshing powder that gives more life X3 for cooking and better cleansing for Deep fried oily food. looking today looks like a good Buy for a portfolio. Longby WildstarUpdated 13134
Neptune Digital Assets Corp Neptune will Skyrocketing similar to the last cycle. I see the next cycle top between the 2.618 and the 3 retracement. It will be around 4€Longby SvenWillStakeIt114
The time will comeIt might become a 20$-Stock like Chapman said.. but until then.. you have to preserve your capital.. ---STD-TEXT: Stan Weinstein's method of trading stocks focuses on identifying a stock's position within its four-stage cycle: accumulation, uptrend, distribution, and downtrend. His strategy emphasizes buying stocks in the uptrend stage, where they break out of consolidation with high volume and continue above the 30-week moving average, signaling a strong upward momentum. Weinstein advises selling once the stock enters the downtrend stage, as it drops below the 30-week moving average, thus minimizing losses and preserving gains.Longby Benbarian0
Trade Idea | AQN | Algonquin Power & Utilities Corp NYSE:AQN is a Canadian investment holding company that engages in energy generation and water distribution facilities. We are starting to buy shares that are trading at TSX between $6.00 - $6.96 as we think that this will base on this level. Our stop on this long position is at $5.08 if our bull thesis won't work. We think the company will benefit from the rising of electric demand and renewable energy transition. NYSE:AQN will improve it current asset from LS Power recent acquisition of renewable energy segment that will be use to further increase its cash flow to be used for company development. Longby blue0391
AIDX (Medical AI Play)chart looking bullish, although new but a valuable project on the long term, worth the risk if successful Longby lell03122
CGC 30min updateLooking for last move to the upside to complete the Elliott Wave (1-2-3-4-5) structure.Longby PF_Analysis4
broke clean above quadruple topgoing to $10 after this decisive move above quad topLongby rockcharts_0
#WEED bottom in2d Chart looking good. Price bounced of the 78.6% fib retracement + Idicators showing attractive signs. Longby PF_Analysis226
🇨🇦 Is TD bank currently a buy TD Bank has been hit by a series of unfortunate events, including being fined and reprimanded for its role in facilitating money laundering. These violations have led to significant penalties and restrictions, particularly impacting its ability to conduct business in the U.S. without regulatory oversight.Longby coilemard1
Bullish Pennant breakout for Hive! $39 CAD price target.Hive appears to be trading in multiple bullish patterns. Noticeably the stock is creating higher lows and higher highs forming a bullish pennant & a crude bull flag pattern. Hive has bounced off the upward sloping support of the pattern 4-5 times, displaying strong support for the bulls. Considering Hive is correlated to the price of Bitcoin & Ethereum we should see some volatile price action over the upcoming months heading into the US presidential elections.. Bullish cross on the KST Also, the halving will start being priced into bitcoin as a supply shock is on the verge of occurring near term. by satoshi123337
Air Canada Analysis 10/18/24DISCLOSURE: As of 10/18/24 I have no open positions in Air Canada TSX: AC Air Canada is a Canadian airline who took a big hit during COVID and added a lot of debt to their business. Because of the unstable financial position the valuation is very low and could provide large returns in the event of a turnaround. The Debt Looking at the debt ratios the debt/equity looks very high, but the debt/asset ratio looks much better. Of course as all airlines do they use debt to buy their planes and other assets. However it is worth noting that the debt here is a problem. (Higher than competitors) For a long term buy and hold I would like to see much more cash on the balance sheet, but this is a turnaround play after all. If Air Canada's margins decrease to unprofitable they may be forced to sell assets to cover liabilities. Qualitative Looking at the qualitative metrics it is obvious that Air Canada took large losses in 2020 but has since recovered in terms of earnings, revenue, and margins. The stock price however has not recovered, this is likely due to the debt load they are stuck with now. From a long term perspective airlines are notoriously bad businesses struggling with debt, unprofitability, and an extremely competitive environment. This is why I only intend to hold this stock for a maximum of 3-5 years. Valuations The valuations are where things start to look up for this company. With a price/cash flow of 1.75 you would be getting your investment back in about 1 year 9 months. On the other hand if they lose money and are forced to sell assets the stock will likely remain flat or decline further. The way I view Air Canada is as an asymmetric bet. For example, I assigned some arbitrary values to my model where I see a 25% chance that they sell off assets. a 50% chance that earnings and margins remain stable and a 25% chance that earnings and margins increase In the worst case scenario the stock will likely fall another 25%-50% and in the best case scenario AC could be a 4x from current valuations. Of course the risk/reward I am assigning to these values is subjective and I highly suggest doing your own research to see how you feel about these outcomes. For me at current prices Air Canada TSX: AC is a buy. So long as you keep in mind the potential risks and dont be shocked if the 25% chance of the downside materializes. If you enjoyed this report I publish 2 times per week and offer consulting, portfolio analysis, and contract research. PM me if interested.Longby sihen9992210
Banxa is a 100x GemThis could explode and do a 100x from here. Hidden gem, competitor to MoonPay which has a 3.4bn market cap, this company only has a 27m market cap. And the down-trend just broke. Nice breakout candle. Don't sleep on this TSX future giant. 1. Strategic Position in the Crypto Ecosystem Banxa acts as a crucial bridge between fiat and crypto by offering fiat-to-crypto on-ramps. As global interest in cryptocurrencies and decentralized finance (DeFi) grows, Banxa stands to benefit from increased transaction volumes. With a network of global partnerships, Banxa facilitates easy access to cryptocurrency exchanges, wallets, and other blockchain applications, creating a competitive edge over traditional payment platforms. 2. Regulatory Compliance Banxa has built a strong reputation for adhering to regulatory standards in multiple jurisdictions. As the cryptocurrency space becomes more regulated, its proactive stance on compliance gives it an edge over competitors that may face regulatory hurdles. Operating under a fully compliant and regulated infrastructure could allow Banxa to capture more institutional clients, which are becoming increasingly cautious about regulatory risks in the crypto space. 3. Global Expansion and Partnerships Banxa is expanding rapidly, particularly in high-growth markets like Asia-Pacific and Europe. Its partnerships with major exchanges and wallets (like Binance and Edge) enable it to scale more easily and tap into new revenue streams. This positions Banxa to grow alongside the broader adoption of crypto, especially as governments and financial institutions increase their involvement in digital assets. 4. Transaction Growth and Revenue Potential Banxa’s business model benefits from transaction-based fees, so as the volume of crypto transactions increases, its revenue naturally scales. As crypto adoption accelerates, driven by trends such as central bank digital currencies (CBDCs) and blockchain gaming, Banxa is set to capture a larger share of the growing pie. 5. DeFi and Web3 Integration Banxa is increasingly positioning itself as a gateway for Web3 applications. With the rise of DeFi, NFTs, and blockchain-based ecosystems, Banxa can provide the infrastructure for users to easily onboard from fiat into these new decentralized applications. This makes Banxa not just a play on cryptocurrency but also on the broader blockchain revolution. 6. Low Market Cap Relative to Growth Potential Banxa has a relatively small market cap compared to its long-term potential. Its current valuation doesn't fully reflect the rapid growth of the cryptocurrency market or the acceleration in its transaction volumes. Given its fundamentals, Banxa could be undervalued by the market, especially compared to competitors in the crypto payments space, making it a hidden gem with significant upside potential. Why It’s a Hidden Gem: Under-the-Radar: Unlike larger fintech or crypto players, Banxa is still relatively unknown, despite its crucial role in the ecosystem. Long-Term Growth Play: As more people adopt digital currencies and decentralized apps, Banxa will be essential for onboarding users, giving it significant room to grow. Institutional Investment Appeal: As Banxa becomes more visible and expands its regulatory footprint, it could attract more institutional investors, which could boost its stock price. These factors combine to make Banxa an attractive, undervalued player in the fast-growing crypto space.Longby TheTraderAndy111