Hyrdo One looks like it is going to be continuing its downtrend after a period of consolidation. Reasons: - Breakdown through support line of ascending triangle - MACD has crossed over just above the zero line and is now moving below the zero line - RSI has broken below the trendline that has been acting as support/resistance and is also below its moving...
Bombardier appears to have found a base in its current channel and is potentially setting up to retest recent highs. Reasons listed below: Reasons: - Price has held above the $3.00 level which has acted as a major level for many years - Price is now sitting on the 100MA, which has acted as a significant dynamic support level in the past - MACD has gone positive -...
Strong risk/reward trade on Home Capital Group $HCG, reasons shown below: Reasons: - Bull flag formation on the daily chart - Breakout of bull flag triangle on daily - Price has found a base, bouncing off of the shown moving averages - MACD about to turn positive, close to zero line - RSI breaking back above moving average - Good risk/reward ratio of 4 - Pullback...
Price has broken down, next support is around 2% away. - Classic bearish ascending triangle pattern - MACD turning over and still negative - RSI breakdown - Price down trending, below all moving averages
Hudbay pulled back to a past support/resistance zone, along with the 50dma was which has been acting as dynamic support/resistance, where price was quickly rejected. Day late on this, but I'm going short on the pullback to the next support level, trading with the downwards trend.
Going short on a break of a long term level along with a short term ascending trend line. - 34EMA has started to turn over, showing a possible change in trend - RSI showing long term bearish divergence - MACD bearish and soon to go negative - Weekly chart looking very bearish Profit target at the next support level
For the past month, price has been pushed down slowly staying near support for most of the time. Also, the 20ma has been acting as a dynamic resistance, and price has seen more resistance from a descending trend line. Price has just broken and close below support (Double Blue Line) Price has also closed below the 50ma, which has acted as dynamic...
Price has bounced off of a significant resistance level (Blue Line) I have gone long after seeing bullish divergence (Orange Lines), along with an increase in volume. $EVH also has a high percentage of its float short at 34.20% , which has me thinking that with the recent bullish move, a large short squeeze may occur. Price target is $18.00 for a R:R of...
Besides the past few months, this year has been extremely bullish for $NGD. Now that price has come to a major support area, It looks like the trend is going to reverse. I really like this trade due to the Squeeze Momentum Indicator showing bullish divergence, while also indicating a squeeze is going to happen. Also, on the WaveTrend Oscillator it is near oversold...
Watch for LNTH to make a move back up to past resistance around $9.70, Price has just broken above the resistance line and it is also just above the 50ma which has been acting as a dynamic support for quite some time. Also volume has been increasing, MACD looks like it is soon going to crossover and the Squeeze Momentum indicator is currently bullish.
Increasing volume, MACD crossover, broken resistance line, squeeze momentum on. Price target of $3.00, for just under an 18% return.
Nyx Gaming Group has just had a 46% price increase in the past two weeks up until its peak. Price is now very overbought and as stated on the chart there are several bearish indications of why this is a good short sale. Also as you can see on the chart, price recently bouced back from the top lin reg line as it did a couple months ago. Price target is middle lin reg line.
As you can see by looking at this chart, price action has been following the upwards linear regression channel. It has just bounced from trading at the bottom lin reg line and is showing several bullish indications as stated on the chart. My price target is around the upper lin reg line (green rectangle). Trade valid until price closes below bottom lin reg line.
Silvercorp Metals Inc. is looking like it is ready to continue following its upwards trend. As stated on the chart, there are several bullish indications that support why I believe this will continue to climb. If price breaks above the mid reg line, I am watching for a price target close to the upper lin reg line around $4.65 - $5.00 Trade valid until price...
$APH, Aphria Inc. has been uptrending for months now. Using the lin reg lines you can see that it has bounced off of the top and has recovered using the mid line as a support. As stated on the chart there are several bullish indications and Im looking for a price target somewhere along the top lin reg line (green rectangle on chart). Trade valid until price closes...
Anfield Nickel Corp looks to be at a great price to buy. Looking at the linear regression channel, you can see it is trading near the bottom of it with several indicators showing price will soon begin to move upwards with the channel. Firstly the MACD is about to crossover to a bullish signal, Then the WaveTrend Oscillator is showing price oversold with a slight...
Could there be a reversal for B2Gold? Bullish cypher pattern with the MACD to soon crossover at an oversold level, and a bullish engulfing candlestick.
This indurance ETF has been testing resistance for about a year now and it has broken it last week. Along with that this ETF is now trading at an all time high and I think it could continue to move upwards with the insurance sector looking strong.