Oil’s technical picture remains favourable to market bulls. Prices found support this week above $74 per barrel, and the recent consolidation could be a pause to an additional upward price movement this week depending on market developments. I do expect consolidation will be short lived.
5 of 6 trendline indicators show short to medium term bullish momentum. Since May 27th , 2018 - Range bound indicators gapped up from a range a range of 4.48 to 3.79$ per share. The resulting new bullish wedge, shows a range of 4.85 to 4.42$ per share. By weeks end the trends will narrow to between 4.89 to 4.47, bullish in nature. This is supported using our 52...
Watch for a strong short term bullish rebound. Stock remains in Extreme oversold territory on all perimeters. Day's range 14.18 - 14.88. Analysis based on technical data 52-points, up to date market averages, sector averages and price momentum, along with most recent global market data (positive 2018-07-09). Probability of days range Extremely likely for MRE.TO.
This is one of those immediate buys on the dip. The company has strong fundamentals with explosive short, medium and long term growth. Martinrea International Inc is not only grossly oversold, but also dipping below retracement levels and hitting hard resistance at 13.15 $ per share. Not only is the company trading at a resounding P/E of 6.6 x , but its increasing...
Watch for larger than normal gap up in Share Price as indicators are showing a rebound in SP compounded with Insider news of Oxide plant being completed ahead of schedule and under budget.
Stock is showing some bullish momentum at the moment. Volume is picking up. Should be an easy run to first major resistance of 2.95$ per share in due time.
Tetra Bio Pharma -2.85% is our pick of the Week. Oversold, primed for legalization with commercialization, and a cluster bomb of promising clinical trials. So when will this extended bull run begin? Our analysis shows us, the extended bull run will start tomorrow. Volume was last seen lowest on June 5th, 2018, and has been slowly but steadily increasing, along...
Gold stocks in general are seeing a surge in price, coupled with completion of Processing plant in Turkey, should drive this stock north of 3.50$ in the near future. Technical s are looking very bullish. Expect another gap up.
Higher highs and highers lows. Coupled with increasing volume is a recipe for success. Expect a bull run for tomorrow, as the sp held up and rebounded on the day. Short term price recovery is set at 50.50$ $ per share (range bound).
14,900 - 15,200 support range. Negative impact will be felt throughout markets. US overly optimistic in winning trade War. Hx shows no one wins. All trade wars have resulted in extended medium to long term loses. Continued pressure after today's close will drop index to first support range of 15,500 (100%), but will ultimately not hold true support until 14,900 -...
An open at or above 12.85, would indicate a short term bullish recovery. An open above this marker, will also indicate a continued bullish trend for the short to medium term. When compared to the MJ sector, I expect we open at or above this marker. with a close above 13$ today. Analytics show an bearish open, so opening above this marker would indicate a fake...
Lets see if it holds true.
VERY BULLISH. I'm not even going to add anything today, as you can see for your self, everything on the chart is Extremely bullish. Enjoy A lot of further gains ahead.
Where do I start. Lots of major resistance on route to 13.15. Similarly, Lots of major supports sub 12.44 close. So where's the stock going to go? I want to mention first and foremost, I'm not god people! I get more right than i get wrong and that makes me a winner. I too, want to help those out, so we can all bask in the glory! Today, the stock closed nearing...
Aphria is turning the tides and is bullish! Moreover. the true major bullish breakout will occur once 12.34$ price point has been reached. At the point this price point, you can expect a very quick run up to 12.64 ps, followed by 12.91 and 13.14. Once, 13.14 price point is reached, it is blue skies. The latter being 15.20$ ps. I do believe we will reach 15$ per...
***13:40 pm est. Strong Buy*** ***Forward momentum beyond $2.50 PS*** ***Alert for PHO.TO*** ***Stock poised for substantial short and medium term return*** End Message.
Great buying opportunity, median price on bullish wedge is set at 12.38 $ per share. What does this mean? The price will be green this week! Bullish consolidation evident on charts. We expect the price to continue in its bullish formation for the long term. As evidence, highly probable that AO will break out into a long term bullish trend, starting within...