LYC - Previous analysis was done on 31 Aug - Suggested waiting for successful rebound to 7.50 levels - Stock recently formed a mini retracement wave and today’s price action would be considered a successful rebound - Technically, the stock hasn’t successfully rebounded after the mid-Aug retracement - To manage risk, half position entries are recommended - R is...
IGO - First time doing a written analysis on IGO - Has history of multiple uptrends but also multiple downtrends - Historically, the stock has traded in a tight range that is bounded by strong resistances and supports - Created new all-time high a month ago when it briefly tested the 10.00 psychological resistance - Stock recently formed a Lower High (LH) and...
Grey area is profit taking area marked on that chart. Looking for entry on lower tf.
ENTRY: 8.12 SL: 7.63 TP1: 8.82 TP2: 9.35 - ADX>20 - RSI<50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD -ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Ranging since 29 Jul 2021. - Retraced close to 38.2% Fib level (7.67) with lower volume. - Breakout with high volume today.
ENTRY: 2.63 SL: 2.52 TP: 2.87 - ADX>20 - RSI<50,RSI<70 - Daily RS -ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI -ve - Weekly MACD -ve - Breakout of down trendline and HVN with high volume on 19 Aug 2021. Retraced with lower volume after that to HVN. - Buyers coming in on 27 Aug 2021. - Would like a better closing today.
ENTRY: 5.58 SL: 5.30 TP: 6.22 - ADX>20 - RSI<50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS -ve - Weekly FFI +ve - Weekly MACD +ve - Breakout of range on 25 Aug 2021. Retraced with lower volume to resistance-turned-support. - Buyers coming in on 31 Aug 2021.
itty bitty buillflag and another nice skip north there....
It's trying to hold on... tryinhg!!! I $gold doesn't bang back, she'll let go. Bearflag being backtested, siting on strong support but........ tap tap tap smash!
For teh pensoion fund! Looks niiiice :) backtyesting bullflag. As long as you're appy with NYSEW adn teh FEDpipeline of free money
CXU has fiercely broken out of its downtrend line and the price action coupled with very high volume is very constructive. Being a Uranium stock and the increasing prices of Uranium, this looks like it will continue on the upside on a tear. I am bullish CXU with a TP 1 of $0.055 (potential 25% gain) and TP2 - $0.068 (potential 50% gain). Please note these are my...
PAA is trading currently n a descending wedge and is struggling to close above long term trendline. If it manages to close in the given spot (Green Circle Buy Zone), then it may confirm a change in trend and may get bullish, as this is a very Bullish structure. We need to see good volume and a thrust to the upside for confidence. Lets see how it develops in the...
NIC is expected to drop further down towards its strong level of $0.725 IMHO. I think price may consolidate for a bit like it is currently for a further plunge. My buy zone is around $0.725, for a potential buying opportunity. Lets see how it develops in the next upcoming sessions. Please note these are my own notes, by no means trading advice. Please do your own...
BUX has reached strong support which is also the global POC of Volume Profile. We need a bit of bullish price action confirmation before taking a buy position, so far the price action looks good. If price consolidates at the current level around $0.070, then we could see price going higher. I will be monitoring price action and once confirmed will take a long...
SZL may be giving another buying opportunity as it has bounced off for the 3rd time off its trendline. Currently it lacks momentum, but if price picks up or even consolidates at the current levels above the $6.30 zone, then we might see momentum picking up. For this scenario, the low must hold, and it could target the next Resistance level of $8.40 (potential 25%...
VVA has reached a very good support level now, which is also the global POC of Volume Profile at $1.600. MACD is also forming Bullish Divergence which indicates that the bearish momentum might be coming to an end. We might see a thrust to the upside. If price breaks the downtrend line to the upside along with High Volume, coupled with MACD cross, this would...
ALU slumped hard but there could be another opportunity to buy it. It has closed the gap now but looks like it may consolidate a bit before going higher. It is currently forming a Bull Flag which is a very Bullish sign. My second scenario on this is that it may fall further towards the POC of Volume Profile around $27.00. My second buy zone is between $25.00 and...
Happy to finally see this one ascend. I am holding for more than my initial target of 0.017, which was surpassed today, closed today at 0.018.
NMT bought at 0.710, bottom fished this. So far maintaining the trend line upwards, hoping to see a break of ATH and continue uptrend