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BABY.TO Outperforms Sectoral and Market IndexesEyeing market open today, it looks like investors may be in for some relief after a crushing past couple of days of trading. Here I hone in on the chart of Else Nutrition (TSX: BABY). After closing green yesterday and a green open today, it looks like BABY investors are holding the line against the type of capital outflows afflicting US and Canadian markets. First lets take a look at the macro-global backdrop. To date, the US is experiencing a historically severe baby formula shortage as a delayed consequence of supply chain disruptions. The situation has reached a point of severity where US regulators are considering placing purchase limits for baby formula products on major e-commerce platforms like Amazon. As BABY ratchets up production and points of sale both online and offline (just yesterday they announced a strategic agreement with Kroger), they stand to gain from the zero-sum game of formula shortages. Compound this with ever expanding awareness of and desire for plant-based goods by consumers, and BABY appears to be positioning itself as Gerber for the next generation of tots. The company also recently received a Clean Label Purity Award for having the only baby cereal that is heavy-metal free on the US market after a damning consumer safety investigation launched by a congressional subcommittee into the issue of toxins in infant/baby foods.On a final note, last week they announced the acquisition of SNAP eligibility, allowing them to provide plant-based, safe, and nutritious food to America's underprivileged. In other words, bullish catalysts galore. Now lets take a look at the charts, and I'll qualify this by stating the obvious: markets have officially entered correction territory and investors are feeling the burn. Major exchanges are down double-digits YTD, and the first four months of 2022 were the most bearish for US equity markets since 1939. So in other words, the market as a whole is increasingly looking like a dumpster fire, while BABY is trading strong and maintaining a YTD resistance around the $1.12 mark despite downward pressure from sellers/double digit SIR/short activity. RSI places thus baby in slightly undervalued territory, and its approaching the 50-day MA which, given an upward breakthrough, will be a strong bullish indicator. MACD histogram is started to give of signals of a positive momentum reversal, and given the green markets today I think we're in for some gains. And now for the compare-contrast; over the past month BABY is up slightly, but its massively outperforming practically any baseline. They've left the DJI and TSX/S&P composite indexes in the dust in terms of market benchmarks, and the VEGN plant-based ETF has fared even worse. For the fun of it I threw in BUB.AX as well, an ASX-listed baby food/formula manufacturer, to see a peer to peer comparison. While BABY is ~+1% in the 1M timeframe, BUB is down a whopping 24%. BABY has been holding its ground during the worst four months for American equities markets since before WWII, and continues to roll out bullish catalysts that aren't just PR fluff but substantive, revenue-generating operational updates. I'm maintaining my personal BUY/HOLD rating for BABY, but that's just my two cents so DYOR.
TSX:BABYLong
by jw_empower
IRV 1000 X possible play Gold minerIn Peru during a Ayahuasca ceremony I saw visions of massive amounts of gold being discovered in Japan. I am betting big on IRV, Japan Gold and Bemetals. Remember that Millionaires don't use Astrology, BIllionaires do. But Trillionaires use DMT and remote viewing instead. Trust the plan, Japanese gold stocks are the FUTURE. Think about it rationally for a second. -The United States is on the verge of collapse -The US protects world trade with their giant fleet, US in collapse means the fleet protecting world trade is called home, if that happens global trade is NO LONGER SECURED. -Which country has the second largest blue water navy? JAPAN. Japan, not china, not Russia is the new super power. It has been divinely appointed as the nation and the race to lead humanity into the age of aquarius. GO LONG JAPAN GOLD STOCKS, HIDDEN TREASURES ABOUT TO BE REVEALED!
CSE:IRV
by GregTheSpider69
Trading the price channelTwo trades one long and one short trading the upper and lower bands of a price channel. I dont generally trade a price channel for many reasons, but with the long term chart dominating trend in my favour it worked out. For this trade my long-term chart was (W) chart and my current price chart (D) chart. The current chart is where i take my entry, stops & cover my positions. First trade was in January when price entered a DZ, while the Long-term chart was still in uptrend. I took the LNG w/ a STP below the DZ. i was risking 0.90 per share for a reward of X3 if price hits my Profit Target PT1 at the top of the channel. The Second trade was more recent in April with the long-term chart (W) in a downtrend now, & price is coming into the upper court of the channel, my SHRT executed near the top of the channel, provided a low Risk entry short with a STP loss of 1.2 per share. The reward was again a X3 if price enters the lower band of the channel. & today the price entered & I CVR my SHRT.
TSX:QSRShort
by greatful-me
GAMEAfter 12 negative candles during the latest 16 days, the weak hands have been getting shaken out. During the last three trading days, GAME shares have shown their first significant upward momentum, ending on Friday with a very bullish candle (whereby the shares gapped up, and then closed at their high for the day). Wednesday’s trading may have marked the absolute bottom for the shares, where it formed the second day of a three day set-up, which formed the very bullish Morning Star Pattern. While trading volumes are low for shares of GAME, which should reduce your reliance on any TA patterns, the shift to a bullish bias is unmistakeable.
G
by b1wwzu62
gameAfter 12 negative candles during the latest 16 days, the weak hands have been getting shaken out. During the last three trading days, GAME shares have shown their first significant upward momentum, ending on Friday with a very bullish candle (whereby the shares gapped up, and then closed at their high for the day). Wednesday’s trading may have marked the absolute bottom for the shares, where it formed the second day of a three day set-up, which formed the very bullish Morning Star Pattern. While trading volumes are low for shares of GAME, which should reduce your reliance on any TA patterns, the shift to a bullish bias is unmistakeable.
GLong
by b1wwzu62
Deeply oversold/undervalued psychedelics playPsychedelics space has seen some multi-baggers in the span of the last 2 weeks, suggesting investors are once again starting to pour money into speculative shroom stocks. CSE:LVT is deeply oversold (RSI @ 22.69), hitting all time lows. The company is deeply fundamentally undervalued: - $1.87M market cap - Raised $1.5M at 0.20 in February - Generating revenue of over $2M per quarter Some comparable psychedelic companies with less revenue are trading at more than 10x. Unless there's some kind of fundamental/unknown reason for recent selloff, other than weak general markets, this is a potential multi-bagger candidate from current levels, in my humble opinion. GLTA
CSE:LVTLong
by wealth_bakery
EXRO, LONGThis is one of the stocks that a good friend of mine likes and has continually been cost averaging it . I decided for a bit of fun I would play it with him, but using my technical approach , most of the stocks that I typically buy these days are things making new highs but I have decided that I will trade a small handful of his picks on the side but to only do so with my own risk management/entry style . Note: that the chart is incorrect , it changed today and is missing yesterdays price action , this morning it showed yesterdays ignition candle which is missing now for some reason , basically there was no gap up like is shown here ... I almost did not post this one due to that but decided to anyways and just explain that part , hopefully its not too confusing . EXROF , shows the correct price action , that's the OTC US currency version . One thing about my friend I have observed us that he is very emotionally disconnected from the market and this allows him to easily hold through downdraws and stay focused on his own opinion and most of his ideas are based on a story, he is not a technical trader . I personally have no stomach for sitting though downtrends but really respect his trading style and have watched him have some pretty incredible years . So , to each his own trading style. I liked the sign of real buying volume for the first time in quite a while after the tight consolidation and the potential ignition candle/50 sma takeback we had yesterday. I also liked the buy that showed up near the close on level 2 last night , there was one order on there for 92k at close that stood out yesterday and some other additional volume surges through the day , which is substantial for EXRO, it was also defined on the charts volume too . I should have entered this yesterday, at the close, but, I actually forgot my worksite laptop I usually bring in with me so I got long on open today , kind of paid a premium for that it turned out .... Long at 1.71 Stop Vs Low of Apr 4 th De-risk at 2R ( 2.43 )
TSX:EXROLong
by NAK1987
ARR 50% Retracement OpportunityHello beautiful humans, A 50% retracement presented itself for ARR at the 11.47 level (entry). Managing risk by risking 1% of the account size (eg. account size: $1000; risk of 1%: $10) Placing stop loss / stop limit loss at 10.64 (exit); just below the 61.8% retracement. Looking for the price to bounce off the 50% retracement level (entry), and head on up to the 14.00 level (exit), which provides a risk:reward of approx. 1:3 Thanks for listening. Take care. Friendly Remembering: Manage your risk Have a strategy; minimizes decision paralysis Practice patience Be patient Enjoy the experience.
ALong
by EmbraceFINCO
Hemostemix inc (TSX.V: $HEM) shows an Astounding Growth Hemostemix is a biotechnology-based company located in Calgary, Canada, headed by Thomas A. Smeenk. The company deals with researching, developing, and manufacturing innovative blood-derived stem cells with miraculous healing and regeneration properties resulting in less immunogenic factors. It is a cost-effective platform that has the power to increase the range of therapies that can cure severe diseases; being non-invasive, it doesn't trigger immune responses.
TSXV:HEM
by InvestorRelations-1
INNO Trades Steady, Outperforms the CSE25 and HMMJ Marijuana ETF$INNO.CN stock grew by +3.39% on Friday, stock opened at $0.590 and closed at $0.610, meanwhile price action is working above 20 EMA in daily chart that shows stock is bullish in nature and MACD is also showing strength in stock. RSI is close to par, indicating that current share price is fairly valued. The market cap of the company is 159.073M, and its average 3mo volume is 52k. Last week amidst pronounced downturns in major markets and indexes, INNO continued to trade steadily, and outperformed the CSE25 Composite Index alongside the TSX's HMMJ Marijuana ETF. Despite serious background volatility, the legalization of recreational cannabis use in New Jersey and its steadily progressing R&D pipeline are clear bullish indicators for INNO's LT potential
CSE:INNO
by BiotechBrandon
NUVEI accumulationThis one took quite a plunge after a short report at the end of last year. Since then we have been in a trading range that started with a rather dramatic selling climax on Dec 8. Relative to the TTTK index, NUVEI did better since Dec 8. On March 7 we had what I believe is a wyckoff last point of support followd by a test. If so, we would be in the sign of strength rally. I’m expecting a back up action to the high of the trading range. If it holds, price should go up quite a bit. I opened a positions on March 15 and added to it twice. I’m now waiting for a successful back up action before to start adding again. A solid point of entry would be on a breakout bar that follows a pull back to 86.8 area. My target is 160
NLong
by Madcaptains
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