We see a repeating pattern here, will it repeat again? a series of HHs and LLs, Solid trendline with multiple touches. Risk of failure: Bear Market I will most likely enter this trade on the next trading day after the open. Too good to resist, with a good r/r and a tight stop!
Good R/R, short term uptrend now reversing. Short mortgage co and banks. You can see it broke the uptrend on the 15 minute. makes sense in this market. Psychological stop @ 10.25-.10.29ish
Stop @ $13.77 Long-term on electric companies. Thesis = the internet of electricity (gadgets, hand-helds, portables, wearables, smart devices) APUC's diversified renewable energy business is well positioned with a $2.5 billion capital growth program and over 1,400 MW in the development pipeline. (!!) - Source : C.Schwab Briefing.com Divi stock
Entry = $11.42(0.5 fibonacci retracement) Stop = $11.17 (2.3%) Target = $12.67 (7%)
Pure technical trade based on R/R and nothing else Today appears favoring bulls, hopefully everyone who wanted out gots flushed out on that waterfall. RSI and CCI in uptrend and confirming so far. Setting alert for price to close above 5 ema, needs at least one more day of consolidation for proof.
Price action trade, new highs Stop loss = $39.28 Consumer sentiment of Univ. of Michigan = +1.0% Divi stock = 0.37 cents +++
Long term bullish on commodities d/t weakening dollar. 3% stop loss
Hummingbird Resources small share amount, more risk, good r/r considering fib retracement Only risking what I could afford to completely lose. However, if gold does well this year, this one could multiply or be acquired by a gold major
Taking a swing at this one for a hit out of the ballpark...high quality junior mining co. Good R/R. Lots of room to run. Long-term bullish on gold for 2020, expecting portfolio readjustments, risk control, inflation hedges. Picking up some shares today. Merry Christmas.
Headwinds on trade pressures. 200 MA overhead resistance. Good R/R.
Wait for pullback or retest of price on gold. R/R = 2:1 In meanwhile accumulate $SLV, nice pullback right now in silver.
Day trade only. Looking to break low of $122.40 => acceleration of selling. Alarm set. too much time today.
2:1 odds on this using price pivots on the lower boundary ($20), 3:1 if using a stop at $20.74. Target $25-26 with good risk reward given we are south on the screen, a price above $23 breaks the right side of the cup formation pattern and is bullish Fundamental: grinding on of trade uncertainty => supply uncertainties => companies shrinking inventories and...
Long in silver -gold laggard, buying more shares today. Short sells on $TIF and $HON
Short on luxury retail. Consumer spending contraction. Moving average crosses.