Silver got hit hard today (most undervalued asset right now) this will be a long term buying opportunity
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Please like and comment your opinion, so we all can learn. I have now drawn on the new valid trend lines and bull falg structure. Price is currently hovering just below the upper trend channel of the "to be" Bull Flag. When price breaks, possibly on monday. We may see large impulsive moves up. High risk high reward stock atm.
Since my previous two post about TNY trading in a bullish flag pattern & a ascending triangle; which both broke out to the upside, it appears as though Tinley is trading in another Bull Flag that may bring us over the 200 Day MA, and there's also a series of micro higher lows. Only time will tell, but notice on the rsi TNY appears to have a bearish divergence?...
If you like the analysis, Please Like and Follow me for more. View my previous post of Akorn inc. I evolved the bull flag slightly and found the bottom line the flag respects. An entry at current price would be ideal.
The price of akorn inc. recently dived due to the news of possible bankrupcy, in addition to a Head and Shoulders pattern. Price has most likely reached its low and will likely impulse in a new continuation, confirming the Bull Flag. Price has also hit the bottom of a high time frame expanding structure and will likely go a lot higher. Many sites and analysts...
Or possibly a bull flag, but currently EXP is trading at all time lows & down -90% since late 2017 highs, so there's merit for a contrarian bottom fishing buy here. I recently bought one of their premium flower brands "Citizen Stash Mac-1" & its THC content is 25.6%, which is the highest I've seen on the legal rec Canadian market & I've been in dispensaries all...
Bull flag with Double Support below and Squeeze Prone Resistance above... Going to be a nice move!
I'm not very interested in BCH or BSV but we saw what fiasco BSV did. BCH can do as well but mostly it's just fast profit and after come back again to lows before :) That is a reality with these forks!!!
COINBASE:BTCUSD When looking at the Bitcoin chart in log scale you could consider that Bitcoin is only making bull flags. When you study it more in detail you will see some nice confluence on the fibonacci levels.
- SASOL is breaking out of a bull flag and looks set to test the down sloping 200 ma - The IRAN / US events are likely to continue pushing up the price of oil JSE:SOL
Thanks a lot for all the likes and comments. Coming to this chart I believe the Red dotted line is yet to be retested as well as the price is moving in a channel. Since MACD also shows some short term bearish signal, a retest to the $153 to $157 are is highly likely. Breakout is imminent. Better buy the dips and hold your positions. Cheers
After yesterday's large run up it looks like price is consolidating above critical support. There is confluence of support between the bottom of the flag and major horizontal support at $155.
Or possibly a descending triangle, only time will tell. This recent move was likely an insider privy to information about a company N is invested in, "Choklat" receiving a processing licence. BUY the rumor & SELL the news, next week is the best time to exit this trade before there's even further capitulation to the 18c & 13.5c range. In the grand scheme of...
In my opininion price of BTC broke and succesfully retested long time resistance and bull flag. Now forming a possible cup and handle and if confirmed, upside movement is expected. Cheers.
CAD Update: Slowing growth with added bonus of cheaper oil - Commodity linked currencies taking a hit from US de escalation of US/Iran tensions. Rhetoric confirmation over the coming weeks will fuel our short bias across energy and CADxxx markets. - Poloz to confirm cautious outlook following slowing economic growth data (recent contraction in growth *-0.1% for...
declining volume into apex of wedge/flag probability of going higher as pattern completes. keeping it simple
APLS has broken out from a downward sloping bull flag that is quite spread, this has caused a large gain, and a possible formation of a new uptrend. Gaussian channel can be seen to be rising fast. Other chart patterns include a wedge, a double top and a bear flag.