late stage double top collapseThis heavily pumped stock suffered a colossal double top, after hitting that big 4.618 extension.
See my recent BRW.v chart for a similar set up.
EMO trade ideas
Rising bear wedgeA break down of the rising bearish wedge (on low volume) is a huge warning shot fired. The measured move is 30 cents. I think a head and shoulders forms.
EMO: Bullish Pennant (64%)Bullish pennant on another ressource stock on my scan this morning.
Almost confirmed. Pennant should confirm next trading day.
If confirmed:
Price target = 4.38$
Stay humble, have fun, make money!
EMO testing a breakout from a bullish flagThe breakout is not yet confirmed.
Potentially highly undervalued mining play backed by Eric Sprott. Its properties/projects are primarily focused on zinc, lead and copper. However, the estimated value of gold and silver in drill samples makes the MC absurdly low.
Do your own DD, but a good starting point is with Dr. Jim Jones ' reports. He has put together some phenomenal research on EMO. See his first and 8th report below:
ceo.ca
ceo.ca
*Not financial advice*
EMO.CA: Bullish Pennant (74%), Ascending Triangle (85%)Primary Target (short term):
Bullish Pennant (74%)
PT = 1.10$
Secondary Target (Long term):
Ascending Triangle, confirmed (85%)
PT = 0.74$
EMO.CA: Bullish Pennant (74%), Ascending Triangle (85%)Primary Target (short term):
Bullish Pennant (74%)
PT = 1.10$
Secondary Target (Long term):
Ascending Triangle, confirmed (85%)
PT = 0.74$
