Hello penny stocks followers, I am sorry about that I might a bit side-tracked to the cryptocurrencies trading recently. Here are two penny stocks to buy & hold for longer term. Do you know both SM1 & A2M was struggling in last 84 days? A2M just slightly continues to soar after the resistance zone breakout. In the other hand, SM1 is struggling at the descending...
While eating some delicious rice pudding my friend Donna made i decided to take a look at the one day chart with tether on binance seeing as thats where most of the smart money is going as apposed to coinbase against the dollar. I wondered where we would be around the 2nd February when my dark chocolate almond milk expires.. it appears on the brink of the low and...
Idea: Support holding and more long. DISCLAIMER: This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Milk bottomed out last week and looked today like it was going to explode up but was met with more selling. Still remains as a higher low. We might see some sideways trading to end of week. Next pattern could be a Bearish Gartely. October Milk is in the same condition.
October Milk surging upwards and coming near oversold mark and double top creating what could be an end of a Shark pattern. We are now into August and Milk will start picking up steam for the school year. Upside target around 17.66 -17.74. Tops for this market was back in Feb 2 at 17.85 where it hit a roof.
September Milk consolidated for a few days and now is looking like it may start to rise. Initial projection is a bearish Gartley. Next upside target is the 20 day moving average around 16.83. Milk is still looking bearish, but require confirmation on the 20 day.
In this graph, I tested a programmer’s indicator called “ADX and DI with SMA on this stock. The crossover worked well by its default SMA value (10). Price actions showed it performed as a trend. Therefore, we apply Fibonacci Extension to see where we are looking to take profit. When to buy ? It really depends what investor you are: Aggressive or Prudent ? You...
In this graph, I tested a programmer’s indicator called “ADX and DI with SMA on this stock. The crossover worked well by its default SMA value (10). Price actions showed it performed as a trend. Therefore, we apply Fibonacci Extension to see where we are looking to take profit. When to buy ? It really depends what investor you are: Aggressive or Prudent ? You...
I believe most people (including myself) took their profit near $2.8 (nearly 24.3% gain in 3 weeks), this was because the price actions showed indecision around that mark. By MACD, it was still trending upward with no crossover on 4th April. However, by looking at Fib. Extension 150% mark, where A2M reached almost $3, showed a bit of rejection. Today's...
June Milk made a double bottom today and is showing a possible reversal. Caution should be warranted as this market may not have ended its downside yet. If it goes up, first target would be 15.94
June Milk fell into a Butterfly/Cypher extension Thursday and then rose today. Market not finished with the downtrend. Possible sideways progress from here until proof of direction is determined. Right now we might have a bearish flag. Again confirmation needed for Monday. This market could extend down into 14.91. Double bottom extending back into 2016-03-18...
June Milk continues upward today bouncing off of Bearish Cypher C position yesterday. Looking for next upward target at 16.4 area. Potential upward target is the gap at 16.67
June Milk is forming a bearish Bat. C leg completed. If Milk drops below 15.94 this will turn into a Cypher. Monday should setup what we have here. There is a gap left open from the fall that needs closing, and almost made in on Thursday. The previous setup was a Crab that could finalize itself as far a 14.92. We will know more on Monday.
April Milk just created a bearish flag after a long drop off. 15.58 area would be a target for Monday. This would produce a double bottom. 15 would be a target for a bullish Butterfly. Bat comes in a 15.8 where the market comes now.
June Milk found a bottom and bounced off. Couldn't quite make a 38.2 retracement. Bearish Gartley now the plan. Might crack 15.88 and go lower, double bottom and trend back up. To soon to tell. Tomorrow might show something better and into next week.
April Milk fell to the bullish Gartley, and pulled back by half. Will probably see continued lower days before an up playing around the 16.88 to 16.50
April Milk is still in a wedge downtrend/congestion. Friday may have created an evening start reversal signal. Need confirmation Monday. We also may be headed sideways on this market. Looking for a Bullish Gartley. Support at 17.04