- Just Placed a STOP-BUY order at $34. - This is a long term investment - I believe the stock has bottomed out - If price closes above $34, there is a good chance if will soar higher - Morningstar rates its intrinsic value at $50
I just placed a STOP-LIMIT BUY order for this stock at $14
Price is at the bottom of the Ascending Channel. I have placed a STOP-BUY order @ 0.68586 and STOP-LOSS @ 0.68245 with loss of 34 PIP. Let's see what happens.
Will enter long again on a price-action buy signal
Why should I short GBPUSD you ask? because: 1. To hedge against GBPJPY Buy order as per my previous comment/idea 2. USDJPY is in an uptrend. This mean that in relation to British Pound, USD is strong and Yen is week. So even if one of the trades fail, the other has a higher probability of success
This in my is a high probability uptrend. The price is in retarcement mode at the moment. But It could break to the upside. Once it crosses over 144.69, it could continue to 153 level.
Will have no choice but to wait for retracement.
I have placed a STOP-LIMIT Buy order @ $31.00
Will enter after a retracement back to a more normal level
Canadian Marijuana ETF maybe bottoming out. It is way too early to but this ETF. But I will keep it under my radar.
January 8: After the drop of over 70% in the stock price, the price is rising and triggered/filled my BUY Order at $85.87 on the future prospects of Beyond Meat sales and McDonald's expansion plans for this company
I have placed a STOP-BUY order for EURGBP at 0.85590. It is a slightly higher risk trade. I would have preferred the price to drop closed to the Buy Zone below 0.84000 and It may still do that. However the rewards are very high (>700 PIP)
Morningstar Report: We assign SNC-Lavalin a very high uncertainty rating.SNC-Lavalin has to contend with a high degree of cyclicality and faces the risk of large losses on individual projects, often due to factors largely beyond its control. The resources segment, which accounted for roughly 30% of total 2018 sales, is subject to strong cyclicality. Because...