Getting the direction is easy!
Getting the exact timing is an art!
People can make a fortune buying at the right time!
If you have experience, the correct strategy is : 'Buy low and accumulate lower ' not 'Buy low, panic and sell lower'.
This miner is very undervalue after the jump of some others miners.
Trade at your own risk!
If this long-term support can hold, I'll watch to see if this pattern might play out. It could be a very large move up. Of course, it would involve the company really stepping up their game considerably.
MACD close to crossing bullish.
OGC- Fan of the way this chart is setting up for a gold company with the hype in the sector. Ascending triangle approaching SIG resistance range. Watching for it punch through and make a move to upside
Is this inverted head & shoulders pattern on the hourly the first sign of a bottom for GTII? Be aware of that we are above the recent downtrends low and this could potentially be the higher low in the long term trend.
CANN just experienced a daily MACD cross, meaning it's ripe for an uptrend. I'm expecting that it will be stuck in this symmetrical wedge for quite some time, but we all can still take advantage of that. A decent 20-30% swing upwards is expected.
While this company may be a good long term investment, it is bearish in the short term. This ascending broadening wedge is bearish. The gist is that its likely going to breakdown here (unless something CRAZY happens). The white lines are broadening wedge, while the yellow line is the daily/4hr trend (which it has now just broke support), and will likely retest the...
At the end of this week, the 3 Week EMA is above both the 9 Week EMA and the 21 Week EMA for the first time since March 2018. On the Day interval, the price has crossed above the 200 Day Moving Average. Volume was above the daily average all week and the weekly average as well. On the monthly chart, the MACD is about to cross upwards.
One of the things I enjoy doing is finding stock market "gems" that are severely undervalued and have the potential for rapid growth as a result of break-through ideas, business changes, developments, partnerships and many other key points.
With a pending correction likely in the first quarter of 2020, and likely a bear market in mid to late 2020, its important...