well see if it breaks above falling channel or bounces downward to continue downtrend. Short term long with high risk. First target looking at 2$. if it breaks above, momentum could carry it a bit further maybe 2.25$ however unlikely since the current bounce that we are experiencing is relatively low volume.
Pretty self explanatory. short target to 1$ approx
3 nice little waves to retrace huge losses from earlier. Losses happened to fast so we get a nice retrace. trade from earlier netted 28%. Position now closed as it should bounce off upper trend line and resume the down trend.
There is a lot to say about $SGDH that hasn't been said already on this site, I've decided to make this the first chart of the stock with updates to follow over the next several months. This stock will also be placed in my portfolio as a long term play alongside $BYOC for the 2018 trading session. SGD Holdings Ltd. Announces Completion of Geological Testing at...
BTC with a bullish move out off the downward channel, looking very good short term
MJN breaking through falling channel after being added to the Nasdaq. Good chance to continue upward trend. Look for pullback entry point
A few factors lead me to believe this stock might make a short term reversal. First, RSI showing that bear strength is getting weaker. Additionally it seems to have formed a very short term double bottom (can be observed better in a short term timeline graph). On top of this price action could bounce off of 24% fib. The trading range is decreasing as the wedge...
As we can see it has broken below the previous support line and tested twice, confirming the new positioning of the line of resistance. I have also redrawn a slightly longer chart, with a bigger Fibonacci snapshot and new downward trend line that was squeezed down to meet the upward trend that we were previously starting to form. That line has also been taken back...
Observations: Whenever there is a massive uptrend at such an alarming pace, we always see long drawn out corrections. We see the next fib level support is at $0.89 which could potentially be a buy zone. Also included some thoughts around the timing of the correction but I would take those with a grain of salt. Fundamentally, this company is going through...
We can see that it it has held support at the .382 fib line, hopefully it can hold. Do you think it will continue sideways or breakout after being squeezed into the triangle?
ACB flat-lined a bit as described in the post linked below. making a small consolidation and is now starting a retreat to a hopefully oversold price (maybe sub $7.00 hopefully). I want to draw attention to the big head and shoulders pattern that has formed. If the price were to break under $5 Id be very worried for the long term outlook for this stock. That...
Observations Extended correction through an ABCDE wave pattern. Charts still bearish as 55 EMA is above the other EMAs on 3h timeframe. Price trend also well below 55 EMA. RSI is also downtrending making lower highs. Continued pressure across the stock market (i.e. Dow Jones Index is still looking to correct further) Keep a close eye if it breaks down...
LEAF has been rebounding since it hit a low after all time high at 24% fib. Now its in the butterzone for another retrace, especially for how fast its gone up, will make for a good buying opportunity. Short for now, pick up between 16 and 17$
What do you guys think? I say it breaks out based off the increase in volume, and the fact that the Canadian markets haven't affected ADVT. Why? They're based in Newport Beach, California. Here's some fluff: globenewswire.com Also my thoughts in general: -ADVT looks like a solid company from the top down with expansion in mind, a 2018 projected exponential...
Observations Lots of MJ stocks following the same correction path. Extended correction through an ABCDE wave pattern. Charts still bearish as 55 EMA is above the other EMAs on 3h timeframe. Price trend also well below 55 EMA. RSI is also downtrending making lower highs. Continued pressure across the stock market (i.e. Dow Jones Index is still looking to...
Observations After a super extended wave 5 move at an alarming pace, we have been going through a fairly long correction phase. We may have entered into what is commonly known as the "hurry up and wait" syndrome, where we rushed through the impulse wave and then carry out long correction from the previous high. Charts still bearish as 55 EMA is above the...
So were completing the correction waves here. Still making nice fib bounces with today's confirmation candle. It looks like were headed for the final bottom here shortly, within the next week id say. If this happens it will shake all the weak hands that bought around 12-14$ and well get a nice bounce at 24% or 32% fib are my two buying targets (7.4$ and 5.6% cad)....
Limitless Venture Group Inc. CEO Joseph Francella has moved the company at a very fast pace, having already uplisted the company from Stop sign to Pink Current status he updated his twitter followers earlier last month that he was moving to get 3 of the hempcore products available to his Ascend Global Services distributors, also setting up $LVGI as a platinum...