We are seeing the formation of a falling wedge breakout pattern. This bullish pattern can result in a breakout and move up that is equal to the height of the wedge formation. Price target of 0.15 with a brief pause at 0.13. This could be the reversal we have been patiently awaiting...
AITX is showing a bullish engulfing candle on the hourly charts. If we see a move up out of the descending channel we could see some upside to test the This could signify a move up to test the 0.16 resistance levels. A failure to break the downtrend could result in further testing of the 0.09 support levels. That said I'm still bullish on this one short term...
SLNO - took a dive when the FDA demanded more testing of their latest drug. They are working on that and I suspect that we will see a retrace to 2.32 and possible sideways consolidation as the bulls sheepishly return to this little gem. I'm gonna run towards this as the bulls are running away. Be greedy when everyone else is afraid (Warren Buffet's play book) I'm...
GAXY saw the formation of a bullish engulfing candle signaling a move up and return to the uptrend with the formation of higher lows. Support at 0.035 has been further strengthened with another successful test. Price target 0.05
AITX is forming a bullish engulfing candle on the daily this could signify the reversal we've patiently been waiting for with a rally up to to test resistance at 0.16 and then onto 0.19.
A similar looking pattern is emerging on the hourly charts of AITX. Could this be the start of yet another nice fat rally up...pure speculation but I'm bullish on this one price target of 0.27
GAXY - is producing great looking support on the uptrend. After a successful test of 0.035 resistance/support we see a bullish reversal hammer forming. Great opening for the run up to re test 0.050 and beyond.
ACST - Bullish divergence on the hourly chart may signal a reversal and move up to test the 1.00 in a double bottom formation psychological price level.
ADIAL saw an increase in volume and runup to 3.30 after which we saw a retrace to the 2.18 support level that held nicely. The upward trendline has been holding consistently on the daily and weekly charts. I am looking for a bullish engulfing or gap up opening with retrace to higher low to confirm the breakout continuation to test resistance at 2.82. If we can...
AITX is still forming higher lows on the hourly chart. I believe it is now ranging in a new upward channel and could possibly be forming another ascending triangle in preparation of a breakout to retest the 0.185 resistance level. I am going to wait for the bullish ascending triangle to confirm a continuation and breakout to 0.27 resistance.
GAXY saw a bullish engulfing candle form on the last hour of trading this signals a move up to test the 0.05 resistance. I expect see the continued formation of lower highs following the trend line. I am looking for the upward lower trend line and the resistance at 0.05 to form a bullish ascending triangle before making an entry.
ACST - Like many others today fell on market sentiment prior to comments in the senate by fed chief. I'm waiting for a close above 0.80 before I enter long. I'm looking for a move up to psychological level of 1.00
AITX gap down open at 0.13 today in correlation with the rest of the market as risk averse traders closed positions prior to comments by Fed Chief in the Senate. The price managed to recover over the day to a +3% and nipping at the heals of our upward channel. I suspect we will continue with the upward trend making this a great entry point. A close above 0.16 and...
BBR - BAM BAM Resources is showing some serious action. huge gap up opening and retrace. But we have a nice fat bullish candle at the end of the day and no wicks means the price closed at the high of the hour I suspect we should see another breakout might be a great opportunity here...
ACST is putting some serious pressure on the 1.00 resistance level a close above the 1.00 mark and we could see a serious run up to 1.80 without much resistance. I suspect we will see some profit taking at psychological price levels so be ready, but overall I think we have a chance to lock in a possible 76% gain but we are also nearing the top of a downward...
GAXY has a possible formation of an "Evening Star" doji that signals a reversal after an uptrend. We may see a pull back to test 0.045 or 0.035 support levels. Although the evening start is a bearish chart pattern, I believe the incoming volume and solid momentum will hold the upward channel so I am still bullish on this one and I think this may be a good entry...
AITX looks like a continuation pattern is forming on the 15 min timeline. looking for more upside....
I'm seeing wide open upside on $AITX as bullish stair stepping candles on the daily chart look like a nice setup for big move up. With little resistance on the daily charts we could see as much as 319% upside! The psychological price point of 0.50 will likely fight back pretty hard with some profit taking and would be a good spot for the faint of heart to reduce...