In case of closing where I indicated with X, the targets are determined according to Fibonacci.
Cup'n handle confirmed in yet another ressource stock. This partern could reverse on the 10$ mark. If thr price action breaks the 10$ resistance, could run for quite a while. Price target = 11.35$ Stay humble, have fun, make money!
Bullish flag possible breakout. Looks like it could explode to $6ish. Peyto engages in exploration, development and production of oil and natural gas.
$PEY - I am a big big fan here. This is a 5 year chart. Slaughtered. 2 year falling wedge that is really tightening up. MACD bullish divergence with price action for over 2 years. RSI double bottom and poking above pattern.
TSX:PEY appeared on my screener for a MACD crossover play. I applied Gann box and it looks like we are coming up on a critical point with the potential for the move upwards. I have shown the 48 Day periods which is part of Gann's 192-day cycle to see if there are any points of reversals and it lines up pretty nicely. It appears that we just passed a 48 Day...
Big Head & Shoulder pattern. Price just broke down on the ascending support line which happens to be the HnS neckline....
Positive divergence on the RSI. MACD cross happening on the monthly. This could be an easy 3x medium term !! Fasten your seat belts !!
MACD cross on the monthly is happening right now ! Long consolidation period right above the 10 USD level. This one has huge potential.