Hugesack

Hugesack

Let's start with the obvious, MO has just broken the multi year downward tend for the week interval. If that isn't significant you may need to have your sack examined. You can see the trend beginning in June of 2017. People apparently stopped smoking and stopped believing POT was going to get legalized under the previous administration. We can see that since...

Hugesack

It has been a while since my last post but so what. You only want me for my huge sack anyway! Not sure if you have been watching but energy has been on a move lately. It is moving for several reasons, super cold weather in the USA, reduced global production, and my favorite inflation. Looking at the chart I have placed two different potentials. First, and what I...

Hugesack

Hello to all my people holding a sack! Any kind of sack will do; big sacks, small sacks, fat sacks, full sacks, bursting sacks, deflating sacks, and perhaps for this group Kanye West or Lil Wayne Nap Sacks. Since the world has gone to POT is has been a much better place. Pun intended. Canada is leading the way in the POT space these days and their stocks are...

Hugesack

I have been in and out for this ride up and across, but now it is time to ride the sidelines for me. This looks like a textbook head and shoulders set up. Time to bring the giant back down to earth. Right shoulder is peaked at the .236 make. The upside-down hammer at the top helps to confirm this for me. We will grind in the .382 before dropping more. I think .618...

Hugesack

As you all know LLL is merging with Harris. The merger should complete soon, maybe as soon as the EOM. As I look at this stock it seems that we have just completed a 5 wave up since the announcement. I believe the recent dip reflects some big profit taking. In my opinion it looks like it could hit the mid 250s one last time. Once it gets there I am out of this...

Hugesack

I have spent some time looking at this chart given the recent excitement around Rare Earth metals. I am a huge fan of metals in general, so I hope that doesn’t get in the way of my opinion. I have thrown a few other indicators at this chart before I arrived at this position. Please let me know if you agree or disagree with my thoughts about this. I am here to...

Hugesack

Looks to me pretty straight forward trend pattern. HVBTF is going to dump down to around .30 when BTC goes it could be worse. I don't expect anything above .46. Should be an easy short from .46. This is my second chart. Time to dump my winnings into my hugesack. Long live Voltron and space force!

Hugesack

EXK is currently at 52 week lows. It is pinned in a descending triangle. The mounting pressure will lead to an explosion higher in the next few months. I'm going long. If you look back at 2016 people were ready for the election to favor a different president of the USA. As soon as he won the price flipped and reversed. Precious metals have been horrible ever...