I am 21 and besides trading , I have set aside a designated portfolio for long term holdings. Stocks to hold up to 30 years. This is why I believe Air Canada is a suitable stock for any retirement portfolio. 1) Current market price is lower than IPO price from 14 years ago. 2) Given the current market price, there’s a return opportunity of 158% or $30 gain per...
TSX is tracing minor wave 3 of intermediate wave C of primary wave 2. This last leg up should elevate prices between 14,200 and 15,000 before the long-term trend continues down in primary wave 3. FOLLOW SKYLINEPRO TO GET UPDATES.
Another stock getting some attention during COVD. These guys have a good model, basically standing on the shoulders of others and reworking their formulas to make their own Vaccines. There is potential for this company post covid, provided they get a vaccine going. I took a small stake in this company based on Pre Covid activities. IF they do end up getting a...
TSX seems to be tracing intermediate C up. The most probable target is at 1x or 0.618x the size of intermediate wave (A). If 1x, the gains will reach 10%. Keep tuned. FOLLOW SKYLINEPRO TO GET UPDATES.
Will TSX vs. SPX follow XLE vs. SPY on its journey lower?
The ratio remains at levels last seen in '99. Bullish RSI Divergence - should we expect Canadian stocks to outperform in the interim?
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Will have a good week then drop to a new 52-week low
We are at the end of a downtrend I advise not to buy now because there is no significant volume for the moment I think we will enter in a small phase of range. On est dans la fin d'une tendance baissière je conseil pas d'acheter maintenant car il a pas de volume important pour le moment je pensse qu'on va entrer dans une petite phase de range.
Good afternoon or Good evening, My wife received a call from her bank, the bank told her it's good time to buy stocks and the agent asked her to invest now because the stocks are cheap. I do not think it is a good time to buy stocks and if the banks call the customer to tell them it's a good time to purchase stocks that can be dangerous for people they do not...
Pattern: Triangle pattern The triangle pattern is a specific figure formed on the price chart, typically identified when the tops and the bottoms of the price action are moving toward each other like the sides of a triangle. When the upper and the lower level of a triangle interact, traders expect an eventual breakout from the triangle. As such, many breakout...
Timing the market with the limited information available to us is nearly impossible, use the strategy that the most successful hedge fund investor in America uses "Ray Dalio" One of his core principles are to buy in increments when the market is bearish with your cash on hand. The key is not to buy with all your available cash on hand at ONCE, this is essential...
TSX finished its cycle wave 5 in Feb 2020 after a primary ending diagonal pattern. It is now tracing primary wave 1 down of a 5 wave sequence in the same direction. Still a long way to go ...
Parameters : Position Size : %1 Risk/Reward Ratio : 3.2 Stop-Loss : 13631.53 Goal : 13928.72 NOTE : If it gives opportunity, it can be entered in these parameters above. If everything is ok but we miss this trade, new Goal is : 14610.5 Bad scenario : Stop-Loss Btw Zoom in : Best regards.
Husky Energy is on the final wave 5 of it's greater wave C correction which may see a potential bottom of $3.57 in the coming months.
MY BOSS BOUGHT THE TSX AT THE TOP! I HAD TOLD HIM TO BUY SILVER, HE LAUGHED AT ME! THE CHART SPEAKS FOR ITSELF!