Just finished creating a chart for CANN. Now looking at the same market structure in CBIS. I bought into this stock at $0.20 back in the Weed bubble of 2014 and lose like $50 in that pump n dump. Now I know how market structures work though, and am looking to enter near bottom. In my opinion, price should reach $0.01 and bounce off that order block since...
Having started trading in Shitcoins, I feel I could trade well in penny stock markets due to the fact that the hype cycles are the same. I'm calling for an increase to $2.50. Could happen ANY time. Maybe next week, maybe 6 months from now. But I'm making this chart to see if my knowledge of accumulation and distribution is accurate.
JPX Global’s purpose is to provide municipalities with management and disposal of Solid Municipal Waste, including energy co-generation. Our commitment to the municipality is to provide a cost effective, green solution to the waste stream. If there is a recycling company in charge of waste management in the City of Ensenada with the main JPX Global is poised to...
Very curious to see the outcome for this company... they looked promising but looks are deceiving... Very cheap at these lower levels!
Big drop out of the gate today so I played the other side of the stock. It was as high at $5.80 premarket and opened at $4.59, so it was downtrending. I waited a little before I shorted at $4.00 and then the morning panic began. I was pretty much comfortable with my short even though it bounced when it hit a few support levels. But it just cracked through them....
SPHS has been testing it's resistance points higher and higher over the past few months after the sudden gap-down in mid-December of last year. Sophiris Bio Inc., a bio-pharmaceutical company developing PRX302 (topsalysin) for the treatment of urological diseases, has shown a recent development of their PRX302 treatment and doctors say it could serve as a viable...
Another penny stock, today has been a very uneventful day in my Forex portfolio as you can tell. Here i have found a butterfly pattern in the american eagle energy corp. The pattern is a little weak, meaning it isn't a perfect pattern, so the results may very. I have placed my entry at the lowest low of the pattern , my stop at previous structure resistance...
This stock has been in a downtrend since October 2013. It hit bottom in December 2014 with a double bottom price action signal as well as MASSIVE MACD divergence. Once this stock crosses the daily 50 EMA we can see MASSIVE upside potential. Look to take profit (of trail stop loss) to the previous support level of $6.20. ** Note: this is just my view with the...
KEG gapped up after a wedge pattern. We have another triangle forming which bounced off the 13ema (yellow arrow). Profit target is 2.00, stop loss should be at 1.49.