Hello beautiful people, Opportunity has presented itself; BBU.UN rose back above it's 50% retracement from the March 2020 low to the November 2021 high (around the $30.00 level) Entry @ 30.00; stop limit set @ 25.75; profit target $39-$40; Approx. 2:1 reward to risk; risking 1% of total portfolio Friendly remembering: Money flows freely and abundantly;...
Hello beautiful people, Back with another opportunity. Looking for an upside move approx. the 50% mark ($1.05); stop loss set for 0.44 (stock has not gone lower than $0.51 in its history); Reward : Risk is about 2-2.5:1; look to take profit around $1. Friendly remembering: Embrace the discomfort of failure; this opportunity has presented itself and could go...
Hello 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...
Hello beautiful humans, A 50% retracement presented itself for WELL at the 4.75 level (entry). Ensure we close above the 4.75 level to provide confirmation. Managing risk by risking 1% of the account size (eg. account size: $1000; risk of 1%: $10); may need to adjust this depending on commission costs of trading broker. Placing stop loss / stop limit loss at...
Hello beautiful humans, Found a 50% retracement level for Corus Entertainment at a price of 4.88; from the low on December 17, 2021 at a price of 4.34, to the high on January 14, 2022 at a price of 5.42. Why a 50% retracement one may ask; a great question that I won't pretend to explain, however, using an Ichimoku cloud has a tendency to indicate a 50%...
Hello beautiful people, Potential upside breakout for SHIBUSD. Looking for close above the green trendline on the daily (1D) timeframe; roughly 0.618 retracement Would also prefer a close above the Anchored VWAP (light blue line) and a close above 0 on the MACD; Entry / Take Profit / Stop Loss given with long position tool; Risking 1% of portfolio; 3:1...