Lets take a look at the bought deal and what to expect. Bought deal was announced today for the issuance of Approx 19 million shares @ a price of $11.85 ps for total proceeds of 225 million - 258 million. What impact will this have on the company? When compared to this chart is officially no longer valid. It does not take into consideration an event such as...
YOU DON't SEE THIS VERY OFTEN!!!!! THIS IS GOING TO BE A SUSTAINED BULL RUN. AS CONFIRMATION from 42/52 INDICATORS. YOU WILL BE VERY HAPPY SHAREHOLDERS!!13+ today, absolutely!
MAJOR BREAKOUT OF CURRENT LEVELS IS EVIDENT. EXPECT A SUBSTANTIAL RISE IN SP IN THE VERY NEAR TERM. EOM
Tomorrow will be green. Positive momentum and increasing volume. Bearish sentiment among investors? this will change after tomorrow! We do have resistance levels at 12.26 and 12.40 to overcome. After that. it's 12.80's, 13.13 per share then blue skies. I was drawing the resistance and supports for the stocks when i realized, this is starting to look like a...
In short, Bullish reversal is clear from the current SP in the short, medium and long term. No clear signal of short term high - no clear signal of short term low. Break above resistance line has been broken, break blow support line has not. Probability of new higher highs as indicators dictate are Likely. Short and Medium term - Higher highs and higher lows...
So, where do I start. Dip today was anticipated on wild volatility. Key Resistance is holding (possible dip to 11.40), this will be followed by a resurgence of SP. This resurgence of SP will be in line with what we expect will be one of the largest short term price gains we will see this year. This will be in coordination with the senates vote on legalization...
Indicators are showing a short term bullish recovery. 11.89/11.61 major supports. Bollinger bands converging in bullish manner, RSI holding support in bullish zone, Volume Osc bullish, MACD struggling but reversal likely. 70/30 probability of closing with new daily highs. Current: 26 Bullish indicators; 12 converging in bullish manner; 14 Bearish. Path of least...
11.89 / 11.61 - Range bound key supports and resistance. Bollinger Bands are beginning to converge in a bullish manner, MACD is struggling but showing signs of life. RSI Bullish, Mass Index Bullish, Chop Zone bullish reversal, Volume Osc - Bullish reversal etc..Without dragging it out, Indicators showing 26 Bulls; 12 Bullish reversal Pattern; 14 Bears. Path of...
This is one of those hidden gems people keep talking about. Not only do I see an upside from a prolonged support of .65$ ps average, but what caught my eye is the clinical trials Tetra Bio Pharma is putting forth. See here tetrabiopharma.com (Under the radar) They are legitimizing medical marijuana with FDA approval and as we all know, Medical marijuana in the...
Retracting from short term high's, I have key resistance levels broken, meaning it's going down for the short term. Where do I see it rebounding, 10.20's by June 5th - 6th then a strong bullish rebound back to 11.80's. This would be confirmed by RSI/MACD wedge/AO/49 other indicators etc.. Here's the magic number, 11.80 +, If (70% probability) the stock...
There's a growing paradigm shift happening between Biotech Pharma and Recreational MJ stocks. Hype associated with MJ stocks leading into the up listing for WEED with priced in legislation for legal MJ will lead to a fundamental change in investor sentiment. My beliefs are stocks like Tetra Bio Pharma are going to begin benefiting from the MJ sectors adjustment. ...
Although we came close to the Key resistance of 13.14, the trend is forming on a downward spiral.We past a key support point at 12.55 and are looking for support at 11.82. Based on the overvaluation and hype of Canopy Growth Corp. an adjustment lower to 11.62 is a more likely event. This will likely resort to a continued bearish trend for the short term. Any...
Evidence of a new chart formation is rounding completion, it is showing a break out with a bullish continuation. Consolidation has been happening for the past week, forming a Beautiful cup with handle and a messy but bullish short term higher highs and higher lows. This is inline with our analysis of a bullish continuation. Short term upside potential is range...
Our team has been following ASR for a while, we've held off until now. We see a short, medium and long term bullish trend forming. In particular, Alerts on this stock went off this morning at 2.53$ ps. Why, you may ask? There is a trend that is forming for this stock bullish in manner that is about to go extremely bullish in the near term, after the price point...
Out team has formulated data gathered to determine an extreme bullish short term reversal in SP followed by a moderate bullish Continuation in SP for the medium term. Price Projections for next week are range bound from resistance and support levels, historical data, 52 point indicators, trailing MVA, analytical Data relative to time of resistance/support, etc......
Larger than anticipated Dip In Sp. This will ultimately coincide will a much larger recovery. Trendline still applies for Shot to long term projections. I know a lot of people are disappointed with the dip today but it will reverse with a stronger bullish reaction. I hope those who sold this morning realize this is going to be another lost opportunity. As far as...
People have asked me if a bearish Doji Star has formed, the answer is a strong No. There is evidence of a slight pull back or consolidation but in a bullish manner. This I assure you, will be relatively short lived. I requested support from our team to analyze the data on 52 indicators spanning mins, hourly and daily charts to determine price projections on...
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