Didnt like how ACB closed weaker than the other 2. However it is normally the laggard of the bunch lately. If the other 2 rocket they should pull ACB with it and it could once again be the steal. I can see 7.39 holding nicely as you have 14 supports some dating back as early as the start of Dec, However if it doesn't you will see this hit that 200 day MA at...
WEED Losing 26 caused the whole MJ sector to dump .APH stood up reasonably well. Bull volume kicked in right at the bell (see 5 min chart). Looking at the Daily we closed right on last Wed's support which sent it back to $11.00. If this support doesnt hold up in the morning I expect another run down to 9 where the RSI should kick back in and send it back on a...
I said yesterday WEED would battle between 27 and 28 with the winner pushing it back to 29 or sending it to the 25. Losing 26 caused the whole MJ sector to dump. Looking at the hourly we closed right around a nice hourly support and also have 9 days in the past where this had touched and bounced in the past. Volume kicked in bullish big time for the first time all...
I said yesterday WEED would battle between 27 and 28 with the winner pushing it back to 29 or sending it to the 25. Losing 26 caused the whole MJ sector to dump. Looking at the hourly we closed right around a nice hourly support and also have 9 days in the past where this had touched and bounced in the past. Volume kicked in bullish big time for the first time all...
Looking at the Charts ACB and APH are in much worse Shape than WEED and Chron. WEED lost both its 50W and 100 day MA though. You are going to want to see it break 28 again and hold on the daily. You could see WEED and Cron Recover and APH and ACB and APH fall. TBH i wont trade until i get a clear signal Monday. Overall sentiment is down but SPY seems to be...
Looking at the Charts ACB and APH are in much worse Shape than WEED and Chron. WEED lost both its 50W and 100 day MA though. You are going to want to see it break 28 again and hold on the daily. You could see WEED and Cron Recover and APH and ACB and APH fall. TBH i wont trade until i get a clear signal Monday. Overall sentiment is down but SPY seems to be...
Looking at the Charts ACB and APH are in much worse Shape than WEED and Chron. WEED lost both its 50W and 100 day MA though. You are going to want to see it break 28 again and hold on the daily. You could see WEED and Cron Recover and APH and ACB and APH fall. TBH i wont trade until i get a clear signal Monday. Overall sentiment is down but SPY seems to be...
Looking at the Charts ACB and APH are in much worse Shape than WEED and Chron. WEED lost both its 50W and 100 day MA though. You are going to want to see it break 28 again and hold on the daily. You could see WEED and Cron Recover and APH and ACB and APH fall. TBH i wont trade until i get a clear signal Monday. Overall sentiment is down but SPY seems to be...
This stock and ACB are 100% following the SPY less an hour. I swear some algorithm from the bigs have set it to follow the SPY minus an hour to the T. Start on the 15 min chart on the SPY roll back to 12:30. Then look at this at 1:30 It goes Red, Red, Green, Dump Red x3, Recovery Green Red Green. Huge Push 2:30 to 3 (SPY) 3:30 to 4 APH. I was able to catch this...
Nailed it yesterday saying it was the laggard and will make up ground. I expect WEED to do the same tomorrow. This stock and APH are 100% following the SPY less an hour. I swear some algorithm from the bigs have set it to follow the SPY minus an hour to the T. Start on the 15 min chart on the SPY roll back to 12:30. Then look at this at 1:30 It goes Red, Red,...
As long as any negative news holds off tonight this should open decently strong. I seen today as a nice consolidation day after the morning gap up. Daily Candle is a doji and is looking for direction. I think the new trend keeps it moving. I can see Resistance at 267.50 (the 50% fib). If we bust that then ill ride it all the way to 100 day MA. It has been a huge...
Nailed ACB yesterday after seeing it Lag behind the rest in terms of recovery. I expect this out of WEED tomorrow. A gap over that 28.50 mark will see this baby run quite a bit. 29.12 could be trouble (FIB sticking point and the Previous high) but if we can get a clean close above it on the hourly I think We see 30 tomorrow. This stock is also correlating with...
Beautiful upward trend with nothing in its way until 28.91. If SPY futures are good tomorrow morning I think this stock Gaps over 28. The Fib says minimum $29.00 on this recovery and perhaps even more.
If this is the bottom this stock has a lot of life in it. Ideally id like to see it break 1.08 and if you do that you could see a full rebound back to the 1.30. It just bounced off the 200 day MA and with the market trending up this could be a month maker. Im looking to move some money in here tomorrow morning from my TFSA account to hold very long as there is a...
Finished strongly and the SPY is looking very healthy.This one you are looking to bust 7.77 and hold 7.62. 8.00, 8.25, 8.50 could all be sticking points. If it correlates with the other Big 3 and this is the laggard ready to break out this could be a major steal. Higher Risk Higer Reward here.
Finished very strongly and the SPY is looking very healthy. If it can bust this Wedge at 10.05-10.10 it has a lot of ground to gain. You could easily see $11.00 and if the it correlates with the SPY who is now in an uptrend we should see $13.00. Long if this breaks that 10.05 barrier.
Bulls showed up Big after the Bears launched their own Nuke. Down trend was broken at 261.25 and the 70% retrace went down quite easily. Look for this to test 265 shortly as there is little resistance and most likely break it. if we break that the future looks great! That makes 3 in a row for me!
Similar to my APH writeup. This stock should see a nice open after the SPY. It has touched the bottom of its channel as well which should increase its chances. FIB is saying this should hit I will be watching this stock at 8.50, 8.95 and 9.20 to see if it starts to go sideways before exiting.