Trey021

Trey021 Updated 

The three white soldiers have appeared indicating a possible reversal after a period of heavy decline. I entered this trade @ $1.94 & I am certainly long on this one! Tilray seems to have found support at around $2.40 which has been an area of resistance. I expect a surge towards the upper $3 area in the coming days.

Trey021

Investor focus has shifted to altcoins and with litecoin being referred to as a commodity by CFTC, there is major potential for a move up. Price is above the 50 EMA. Currently at the 0.236 fibonacci retracement and poised for a move towards the $100 region and beyond.

Trey021

Inverse head and shoulders spotted on the daily time frame. Currently retesting the neckline @ $1.85. Waiting for bullish momentum/volume to enter this trade. Price is currently below the 50 SMA. Take profit: $3.92 Stop loss: $1.70

Trey021

Waiting for Rocket Lab to break out of this channel to enter the trade. IMO, two possible scenarios: 1) This could play out as a double bottom with a take profit @ $6. 2) An inverse head and shoulders pattern in which we are currently complete with the formation of an inverse head. Neckline is at $5. Caution to be exercised around the $5 area to determine which...