Canopy Growth Company. Pretty clean bullish BAT forming on daily. It might be hard to see so zoomed out, but $CGC also broke out of an iH&S pattern with the largest amount of Daily volume in over a year! Looking at the Fib levels, $CGC retraced to a tad below the .786 level, but then it shot back above forming the Head of the iH&S. Some bullish divergence on...
$BNB Weekly bullish div on RSI; MACD finally gaining positive momentum. Fib levels: from last swing low to high $BNB is between the .786 and the .886, and from the start of the uptrend to highest hig- $BNB is right at/above the .618. Also currently retraced to stong horizontal support. Weekly doji candle in the works. Great set up imo.
$ZIL entry opportunity. $ZIL showing signs of a potential reversal soon; it retraced to .786 fib level, is at an area of previous support, and its maintained bullish divergence on 4H RSI. Entry 60. Stoploss 58. TP1: 67, TP2: TP3: 78.
$TEL break above Kumo cloud with increasing volume; Bullish Divergence on RSI now trending up with PA. Stoch RSI moving up out of oversold territory- Buy Signal. Perfect entry would've been the retest of the kumo cloud break-around 450, but I was a little late for that and got in around 500-510. TP1:675 20%+ TP2:1040 100%+ (from current price).
Looking for RSI to drop and bounce off the trendline. Sold my bag from 90-91; I'm looking for a re-entry around 80-82 area. A bounce there would be extremely bullish. Lots of buy volume, wouldn't be surprised if $ZIL pushed to 102-105 within the next week or two...
if $ENJ doesn't hold here we could see 1080-1050, but I think a 12-15% bounce here is more likely. Looks very similar to $fet's retest of lower TF support and that ended up bouncing 20%+ ...Lower TF: RSI & MACD divergence, falling wedge at support.
Zoom out a bit... A weekly close above 1050-1100 would be a great signal. Currently getting rejected right around 55EMA; A close above the 55 EMA and the sky is the limit. Weekly MACD also looks muy bueno. Microsoft news is also guaranteed to attract fresh volume.
$FET sold most at 872. It could go higher, but the bearish divergence & upward trending price with decreasing volume makes me think we'll have a chance to re-enter trade around 780-740 area before getting back up to 900s and beyond.
$GAS sitting around .618 fib retrace of the last swing high/swing low (if you exclude those nasty wicks). Picked up a small bag will add more if it can flip R/S... TP1: 1670, TP2: 1800 $GAS consolidation under/at resistance, Consecutive Higher Highs