First off, I view REITs in general as completely undervalued in our markets and due a solid run. Now with GEO I see them weathering the "storm" of covid-19 due to them being in a safe niche. They are heavily involved in the "for profit prisons" which I don't see going away any time soon (opposite of commercial office buildings). GEO also has a high dividend yield...
The marijuanna and CBD industry has been gaining some heat over the last week or so. Liberty Health has yet to break out of the falling wedge which has taken over 3 years to play out. I believe this a great R:R given the strength behind the possible upside push after forming this pattern over the years. My minimum TP given no drastic news on LHSIF is around $0.90....
Oil looking like itll be forming a falling wedge at this point. I expect this to sweep lows before continuing uptrend
Looking for minimum 275 over the next coming weeks
Sideways for July, eyes on a breakout early August...upside target would be 14.5k+
Fundamental Analysis: It was always made clear to me that Gold is the "Safe haven" where money is shifted to in times of uncertainty and fear. Gold is also commonly bought to be used as a hedge. Take the tariff war that is currently going on between World Leaders, the increased tariff rates seem to have no limit. In return, the inflation to the US Dollar will...
Bitcoin is no doubt in a bull run, yet that does not mean corrections are out of the picture. These past 2 weeks bitcoin has found itself correction after reaching nearly 14,000. I do however see us finishing our correction with a rejection under the 12,500 mark. Eyes will than be on sub 8500. However, if we do however have a clean close over 12,500 I will look to...
Just want to start off and say thank you for taking the time to read my post. XMR/BTC My interest lately has been on Monero (XMR). Throughout this mini "alt szn" Monero has held pretty quiet, all while loading into a pattern. After looking more into it, Monero is setting up the same candlestick format as its local bottom back in August of 2018. This move back in...
Link has been gaining steam lately and is slowly but surely condensing. As I see it now we are in a ABCDE triangle, presumed bullish ending. Fundamentals alone will pump this coin over time, but with where we are at in this space, I see us easily 8-10x once alt season hits full stride. Concerning this move however, I'm eyeing .17500 for a 34% profit
Many have been calling a bear trend to be imminent, however I see us making at least another leg up. The setup that boosted BTC's price near 8700 seems to be making itself visible once again. A bounce followed by a weaker and longer duration bounce all while playing on top of support. The play was to long anything inside the .385 and .618 fib extension. We just...