Get started
Telus WEEKLY VOLUME PROFILE Touched! UP WE GO 🚀 Updated I will be buying more shares tomorrow. It will be just rounding it up and then DCA if/when it touches the green lines (POC lines) under the white line ( My average cost) I expect it to go up from here for a couple of weeks. This may take a year to play out to reach these two red lines. One is a POC line within the golden range using Fibonnaci and second is simply another area I will DCA out if I still have shares left and judge that it can keep going up. Expected profit from doing this trade after a year from aug 3 is near 25% + dividend of 5-6%. Total expected reward after a year, 30% from current average price. Max time horizon to reach ATH if green lines are reached: 5 years. But it can happen sooner. This is worth holding onto for that time period. Especially for long term investor who enjoys 5-6% dividends. Happy trading and investing.
TSX:TLong
by Dtrader2020
INXD's Bullish Momentum Reversal and Technical Overview Given its double-digit gains yesterday, now is a good time to discuss the rising star of INX Digital ( NEO:INXD ) ( OTC:INXDF ), a pioneering company that seeks to reshape capital markets through the integration of regulatory-compliant blockchain technology. INX Digital’s primary objective is to establish a regulated trading platform catering to digital securities, cryptocurrencies, and primary capital offerings. This innovative approach combines the expertise of traditional markets with recent breakthroughs in blockchain and fintech. Guided by a proficient team of individuals well-versed in business, finance, and crypto, INX aspires to redefine the capital markets realm. At the close of yesterday’s trading, both of INX's tickers demonstrated substantial intraday gains; INXD exhibited an impressive uptick of 11.11%, while INXDF showcased a notable surge of 10.54%. These gains offer a promising glimpse into the company's performance potential moving forward. Turning our attention to its technical profile, INXD's trade volume yesterday was eye-catching, surpassing 700K in contrast to its 3mo average of 142.42K. This >5X surge signifies heightened market interest in the company’s regulated approach to digital assets. INXD's MACD also displayed a positive histogram reversal and x-axis intercept of the signal line, a pattern that often indicates an impending bullish trend. In parallel to the MACD insights, the PVT exhibited a positive reversal. This observation further bolsters the case for impending bullish price movement over coming days and weeks. The alignment of positive trends in trading volume, MACD, and PVT collectively presents a compelling case for the start of a bullish trend in the immediate future. This outlook is confirmed by ‘buy’ or ‘strong buy’ technical ratings for a 1-month horizon. As I continue to monitor INX Digital's trajectory, all indications point towards the potential for sustained upward momentum. If you were to ask me infer what caused yesterday's gains given the absence of a public catalyst, it seems that an institutional player may have stepped into the mix. There are two things we can derive from Republic Group & INX’s recent strategic collab. Firstly, given renewed focus on crypto legislation in the US, it could be that institutional investors keenly discern the potential inherent in INX's fully compliant platform. Secondly, insider share purchases necessitate pre-announcements, thereby ruling out the possibility of this coming from the inside. The motive behind potential institutional involvement would be clear; recent news has highlighted the U.S. government's roll-out of a cryptocurrency taxation framework, which suggests that the Fed is considering broader steps to begin regulating the crypto space. This development could have acted as the catalyst that is drawing prominent institutional investor to consider regulatory-compliant exchanges more seriously, explaining the nearly fivefold surge in yesterday's trading volume. This spike in volume could also signal the beginning of a bullish trend, one similar to what happened following Republic's strategic investment back in June. It will be interesting to see how INXD price action behaves over the coming days, but I’m bullish on this play for the time being.
NEO:INXDLong
by BiotechBrandon
Canopy Growth: C'mon, Do Something 👉The price of Canopy Growth is currently relatively flat. However, we believe a significant setback is needed to complete the white wave II in the turquoise target zone between CAD 0.430 and CAD 0.265, as expected. Only then should a significant move higher occur in the form of the turquoise wave 1, which should extend to around CAD 1.20. Alternatively, we see a 47% probability that the price is already in this wave. This scenario would occur if the price breaks the resistance at $0.8000 without reaching our target zone
TSX:WEEDLong
by MarketIntel
CNQ - 10 months HEAD & SHOULDERS CONTINUATION══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
TSX:CNQLong
by TheArtOfCharting
2
MSVMinco Silver reacted with an upwards swing from my time projection zone for a wC and is one of the reasons i am bullish here . Other reasons are i see it as being under accumulation for a long time already . They control a deposit of over 60 million ounces of silver in China . The stock has become insanely cheap and the way i see it is it either bottoms out soon or disappears altogether . I believe today and beginning of next week will see the final bottom in mining shares and the best deals for a long time to come . Time to load up .
TSX:MSVLong
by SilvaBull
VSRVanstar is sitting on a discovery of 5 moz of gold in Quebec . The project is being developed by Iamgold with Vanstar holding 25% . The stock has come down a whole lot where i consider it cheap at current gold prices . If gold goes up in price it should have a direct impact on the stock price . This is called skewing the odds in your favor . This doesn't even account for the potential of new discoveries as they are actively drilling both Nelligan and their 5 other projects . This is one of the most significant gold discoveries in Quebec and it is well known that those geologists who make big discoveries often go on to make more . This one seems like a no brainer at current prices . Technically there are some hurdles but im willing to wait it out . The accumulation channel looks bullish as well . vanstarmining.com
VLong
by SilvaBull
1