such a Wicked Quarterly Report >>> here is a good analysis of the recent Merger ( www.youtube.com ) On the recent 2021-Q3 Conference Call: it seems like HEXO recent revenue doesn't include Revenue from REDECAN, since the merger happened at the end of August . . . >>> so How much this Company Worth Today ? >>> assuming HEXO and REDECAN did 50/50 Merger . . ....
Technical Thesis: -double bottom -20 day MA on the verge of a steep cross up through the 50 day MA -average volume is trending upwards -it broke out with significant volume Fundamental Thesis: -YoY Profit margins are trending upward -from 2018 to 2020 their debt to assets has fallen significantly -on the Macro side, with the ability of large-scale production and...
ES1! Challenging an ATH as the everything rally continues. The 10 Year continues it's ascension as volatility is found in the small caps. NAS leading the way up. Thank you to "openclipart' for providing the open source Bond Classic.
tracking the .5 of Ascending Channel #2 for support signals; and a potential Higher Low.
Downslope continues with support found at a convergence of channel midlines.
the price action has yet to support the inverse pattern as the trend is down. The triangle compression continues. Would need a break and back test of both necklines to provide confirmation for a move up.
Volume gap (small purple zone) is broken and we have a road to the next one near $34. This stock bound to be successful.
Although some think this may be the top, I personally do not believe so based on what I am seeing, we clearly just broke out of a major resistance zone , I believe we may be on the way to higher highs again.
COIN is still stuck in the downward channel that it's been in for awhile now (atleast, from this perspective). It shifted upwards a bit yesterday, and is currently lodged underneath the 0.50 fib. The 0.50 fib appears to be COIN's heaviest resistance within the channel (and although COIN did break through the 0.50 fib temporarily twice before, it was rejected at...
supported by the 2 hour 2nd deviation LBB with the 50 SMA there as well. The daily 8 EMA is at 4142 with the daily 4 EMA offering support. A back test of the daily MBB is 4055. The 4 hour 8EMA offered a supporting wick with the UBB 2nd dev res.
SPX setting HH and HLs as it crosses the 4000 barrier. The week ahead will focus on the NAS and it's triangle break.
With the markets focused on rates the 2019 December Miracle demonstrates how powerful this force can be in the markets. Currently, SPX has set an 8 Hour Higher Low as The Russell, Energy and Financials have take a turn during the rotation/catch-up trade. All eyes on 4000 and the reaction there if the Higher Low holds and SPX trends bull.
SPX held the 50 SMA on the two hour frame and has arrived at .618 Channel Resistance. Currently in a 5 min bull flag with support off the 5 min 8 EMA. 4000 is 56 pts above.
where is Blues Traveler when you need them? Hopefully rifting up a harmonic(a) storm. Will the yield maelstrom end? Will the dollar continue to rally? The NAS drop in the afterhours after a climb of 100 point directly linked to the rally in the 10 year today has bounce potential. The challenge is, every once in a while, there is a day with no bounce. Hold on:...
4th diamond top a charm. chop. SPX is bull flagging with support on it's 2 Hour 50 SMA. Holding this in the overnight will provide some assurance for plays to upside. The 2 hour pattern of Lower Low, Lower Highs persists with a double bottom tweezers outside the 2nd DEV LBB as deep support.
Every night, Cathie Wood’s Ark Investment Management sends out an email listing the stocks that were bought or sold by the firm's ETFs that day. 3D Systems Corp (NYSE: DDD): Bought 558,900 shares of the printing engineering company, representing about 0.46% of the ETF. (benzinga.com) From a technical analysis perspective, DDD 3D Systems retraced at 0.618...
Placed a 2nd test of the 2nd Dev LBB on the 2 hour in the bear flag. Losing the 2 hour HL on a break of 3887. Looking for support at the GP from the March 5th low to the March 17th ATH.