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Cenovus Energy INC.CVE price chart analysis on the 3Day time frame 2015-Current. In line with my "Keep it simple stupid" philosophy, my trend analysis shows that when the 13 SMA crosses the 48 SMA, it is a notable occurrence, possibly indicating a change in trend upcoming. My buy or sell decision occurs when the red 48 SMA turns down (Bear) or up (Bull). This simple strategy shows me possible % gains if playing various long or short market equity instruments and entering/exiting the trade near or at these occurrences. Included is the 200 SMA line. My method of trading this ticker is to buy or short 100% of my position at the 13/48 SMA crosses (with 48 pivoting up or down) This helps my probability of success and risk factor. Using this method and resulting in 8 trades short and long, I could possibly have made around 75% gain on the downside since 2015, and an additional approx. 400% gain on the long side since Jan. 2021 had I been selling at these level. Normally I would be still holding the position until a new 13/48 SMA cross down (so return would be less). The support line is included around $14/sh mark for interests sake, as price would most likely bounce around there for a bit imo. I could also add other indicators such as custom buy sell signals and or MACD, RSI, SAR to assist my decision making but the trend based idea keeps me grounded in the trade. I generally use Heikin-Ashi candles for simplicity/clarity and also remove the wicks. None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
TSX:CVE
by Turtlecoins
LAC (tsx) Weekly Inverse Head and Shoulders idea Possible Weekly Inverse Head and Shoulders . Detailed Description in Chart Waiting for break of wedge on higher time frame for entry but watching to move higher than making a Right shoulder on a possible Head and shoulders (daily chart). Watching for Higher lows on higher time frames. Overall though is could move to top of channel on weekly. Risk management is paramount in this market, trade what you see and profits are profits even if they're small!
TSX:LACLong
by Jonny80
2
Weed stocks downtrend may break. Very early to tell and all breakouts at some point look at bit like a double bottom, but this looks a bit like a double bottom. Been wanting to buy weed stocks since the high and all the way down. I think cannabinoids have many potential benefits and may be an important industry. Just didn't make sense while it was in a speculative bubble and didn't make sense when it was winding down that bubble in a protracted downtrend. I think we've now reached a point where there's good RR on the long and we have a fairly reasonable way to define a stop betting on the double bottom formation.
TSX:WEEDLong
by holeyprofit
Results of annual general meeting declared by Universal IbogaineAround 6 million Canadians will meet addiction during their lifetime, according to the Canadian Mental Health Association. With 22,828 total fatalities in Canada over a five year period, the opioid crisis marks one of the most extreme types of addiction. The fatality rate is rising year to year. Universal Ibogaine constantly working on a mission to transform addiction treatment using ibogaine through a planned Canadian clinical trial focused on opioid use disorder. Recently universal ibogaine declared the results and Investors are very happy with the latest press release of $IBO as all resolutions were passed by the requisite majority of shareholders at its annual general meeting which was held on October 3, 2022 in Vancouver. The shareholders also approved the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year, and approved the Company’s 2021 Stock Option Plan, the Company’s 2022 Equity Incentive Compensation Plan and the Company’s 2022 Stock Option Plan. TSXV:IBO universalibogaine.com/universal-ibogaine-announces-results-of-annual-general-meeting/ Universal ibogaine plans to transform addiction management, while developing ibogaine as a central component of innovation for addiction treatment. · Universal ibogine engaged in acquiring an active addiction treatment center in Canada to perfect the wrap-around treatments and roll out ibogaine once approved in Canada. Also partnering with Canadian First Nations to investigate treatment possibilities on sovereign indigenous territories. · Universal ibogaine has developed a state of the art holistic addiction treatment protocol at its Kelburn clinic that, when paired with planned ibogaine detox protocol. It is also intended to revolutionize the way we treat addiction and drastically improve the lives of individuals and families affected by addiction. Universal ibogaine , one of the versatile bio technology companies, was created with the goal of medicalizing ibogaine for addiction treatment in Canada and then globally. TSX-V:IBO
TSXV:IBO
by Matthew-Davies1705
1
Global battery management market is expected to reach USD 5.4 B$GEMS.C – Great opportunity to capture the expanding Global battery management market. Although COVID-19 negatively impacted the global battery management market in 2020, it is expected to reach USD 5.4 billion in 2022. It is projected to register a CAGR of over 4.85% during the forecast period (2022-2027). Now the market has reached the pre-pandemic level. The battery management system is meant to track the aspects of the battery system and its cells and use the information gathered to reduce safety hazards and improve battery performance. High demand for battery management systems will accelerate the market growth of battery management systems. This is the perfect opportunity to occupy a significant market share of any lithium mining and supplying company. prnewswire.com/news-releases/global-battery-management-system-market-expected-to-reach-5-4-billion-in-2022--301658228.ht ml $GEMS.C is the leading single sources supplier of critical energy minerals used for clean and green energy evolution. As lithium is a crucial element for the battery management system, Infinity stone venture corporation continuously focuses on a smooth supply of critical energy minerals. * Investors in the Infinity stone venture get exposure to lithium, graphite, copper, cobalt, nickel, manganese, and possibly some PGMs & REEs. * Infinity's lithium mining portfolio is impressive; four projects, 11k+ hectares, 65+ pegmatites, tens of km of a prospective strike — very near or bordering Patriot Battery Metals * infinity stone venture successfully confirmed historically mapped pegmatites and identified new showings. Eighty-seven samples were collected over 3,850 hectares of claims adjacent to the Patriot discovery. $GEMS.C has a bright future in the global battery management market and is constantly fulfilling the demand for critical energy minerals through its eco-friendly mining program. It has government tax incentives and grants, including Canada's 30% Critical Mineral Flow-Through Tax Credit. (CSE: GEMS) (OTC: GEMSF)
CSE:GEMS
by Matthew-Davies1705
First Majestic: Shy…While First Majestic had actually already made it to the upper edge of the turquoise zone between $6.89 and $12.36, it has shied away and drawn back again until the retracement at 61.80%. Thus, we still give it some time to finish wave 2 in turquoise – although it could also continue the ascent from here. As soon as wave 2 in turquoise is completed, First Majestic should indeed move upwards, heading for the resistance at $19.41. However, there is also a 40% chance that First Majestic could slip through the turquoise zone and drop below the support at $5.30. In that case, it should extend the downwards movement until $2.91.
TSX:AG
by MarketIntel
#NNOMF_NANO $NANO will the share price go up?#NanoOneMaterials has signed some great deals this year: #RioTinto #EuroManganese #JohnsonMatthey I'm curious if the share price will take some positive action in this years last quater? After touching a 2 years low in May it did a good run till August. Since than the share price was cooling down and tries the next run to the resistance at about CAD 3,3x If the price can sustainably brake through that resistance again, it could become a nice run. Specially if more positive news will arrive! But first it has to defeat the support at about CAD 2,57 No financial advice - just my opinion.
TSX:NANOLong
by sincereDiamond56156