tsx_trader

tsx_trader

Trading in a channel. I like the channel, The MACD looks like its turning to the upside, we are near a bottom of the channel, volume is low but we are near the 20 and 50 day MA... First target is at 4.95 - 5.00 This is where I would be taking most of my profits and re-assessing. Tight stop loss or monitoring is necessary.

tsx_trader

Chart

tsx_trader

chart

tsx_trader

See chart

tsx_trader

PATI paid out a special dividend of $3 per share on December the 30th, for stock owners of record on December the 17th. Many people had held PATI anticipating the $3.00 per share, and once it was paid out, many people pulled their money out. This is common with shares that pay out dividends, people accumulate for the payment and dump it after the dividends are...

tsx_trader

For options, I would consider a LEAP with a strike price of 15. Otherwise hold the equity and maybe dont go all in at once, go with a 1/3 of the position for now, and wait to see if it dips to buy more at lower levels.

tsx_trader

in chart

tsx_trader Updated 

Good timing, coincided with MACD strategy.

tsx_trader

details in chart

tsx_trader Updated 

I really like when you see similar stocks start moving in tandem, they become more predictable, less volatile. Im looking at MACD showing a possible reversal, hoping for either side way trading for a while, or a reversal to the upside. In Canada Covid is worse now that it ever was before, and even with Vaccine, I see these companies bringing about solutions...

tsx_trader

Purchased only one call, will sell when in the money. Will accumulate otherwise.

tsx_trader

It may appear to trade sideways for a little bit because its sitting on some support. But I am betting on the long trend. And waiting for MACD to tell me what to do :) May be waiting a little while for this one, but if my predictions go according to plan, I may throw a bit of capital its way.

tsx_trader

In chart.

tsx_trader

Okay, first, I will admit, the first time I posted this idea, it did not work out well. I went in on call options, and left the next few days, lost only $80. The chart pattern shows a head and shoulders, which typically forecasts a share price is going down rather than up. At the same time, HYLN took a beating for a while, and the MACD and RSI are showing...

tsx_trader

Presently sitting at a point of resistance at .60, next points are .68 and .74 The MACD shows a turn over to the upside. Volume yesterday and today is remarkable. Im in the trade with an Avg. .54 Its one of those Drone stocks like FLT which I posted recently

tsx_trader

Okay this is a bit confusing. the 3.40ish area is good entry because the stock appears bullish and MACD reversal appears to be happening. It seems to have a bullish long trend, with resistance at the $4.00 mark I want to enter with a stop loss being a fall below the long term trend line. A second level of support is the black line. I am entering at 3.40...

tsx_trader Updated 

Where have we seen this before? I am going to have to do a bit more looking into this company, I wanna be sure that they are useful and have a chance of coming back... As a Weed related stock, I would never look at it, but they are coming up with some quick test thing for COVID 19 which is the reason they had shot up to .41, and they have been going down...

tsx_trader

Weekly Call options open trade at break above the ATH (yellow line), I want the price to open lower than ATH and move up with volume breaking ATH. I would not get in on a gap up or large gap down. Buy the break out, don't get faked out. Im looking at buying and closing immediately when things reverse. If the trade does really well, I may hang on to some of...