Hey as you can see, I don't know diddly about charting but hopefully the fancy bullseye got your attention. This ETF appears to be in distress!! The only reason I'm reviewing is that a friend said it has been a MF recommendation. Sometimes they seem to have good timing but this one and my advice to my friend was, even if you believe in the fundamentals of the...
So this is my thoughts on the pattern. Bullish pendent. Three channels for it to take. High road, no deals, tight accumulation, when reaching the end, next leg up. Second channel, buy the dips, watch for it to break down into the larger flag and change direction. Tight stops. Pretty confident we are going up. Third channel, long game. Frustrating to see swings...
If confirmed this could be a double bottom and the turn around for this beat down etf. Not buying, just watching for now.
I remember reading somewhere about chart patterns...this is one of them. 3 rising volume spikes indicating a shift in momentum. ABCL is forecast for major growth...I have taken a position here. Would have been great to grab the bottom if you had the confidence!
I mean...unproven, unknown...the upside is outweighed by the downside. So instead of buying it under some random pretense of "the future"...I put it on my watchlist. I mean, who doesn't like a good space story. I know of no other launch sites in Canada and have never heard of any other companies...so at least they have the news portion, or at least whatever...
This may be the best stock of 2021/22/23....potential is incredible!! I know nothing...just happy with my current 140% gains. I'm dumb too...I should be selling and making a safe position....but I'm not....on the pullback from this latest rocket...I'm trying to buy more! Anyone buying kidneys?
As always recognize that I know nothing about charting, my ta is superficial at best and no investment strategy should be based on my thoughts. That said....U looks like a nice slow ride with a tornado inside it waiting to be released. I'm buying under the blue bar, watching if it breaks the trend. My stop is tight so if if breaks from the channel I'm out. If...
If I was a swinging gambler I'd call for a pullback to close the gap...then continued ascension
From what I can see through a squinted eye...$10 is incoming. It is an interesting set up with such an aggressive share buyback program in place that they've been at for some time now. I assume the coil will come after price regains some momentum. Fundamentals are solid as they get and I don't think the industry is going anywhere but more streamline and more...
Bouncing around scraping our knees after a vigorous IPO...we await the market to decide holders have been punished for long enough. Some news would be nice....some news would be very nice.
Here it a little KNT tale of mine...love the stock and story...never lost faith...just lost shares! Don't vape and trade kids!!!
Red is the down channel....blue is where it seems to have shifted...green indicates hard shift in momentum. They just released 3rd quarter reports, everything is up...lets hope this shift has some weight and we see this climb to it's actual value point (around $9)
BLR hit the scene on a super pump play some time ago...the CEO.ca board was filled with hopefuls and the CEO flogged their "test kit" story. They did a deep disgusting split that provided some folks hope. I'm not an expert but everytime something does a reverse 25-1...it's best to step away. It went from test kits to weed from weed to baked goods with weed in...
After New Mexico purchase and current PM market movement, there is no downside here. Possibly some pressure from paper being unloaded onto the market but I have to assume that the share price + gold momentum will move the cheap stuff quickly and the impact will be minimal. The greater question is....who is going to buy it. BTO said no thanks less than a year ago....
So this little stop loss lesson has been hanging around skinning it's knees after falling off the merry go round of speculation....is it time for a turn around? Big positive volume in the last little while...if they actually got a unicorn drill result at these levels....whoa!! I remain skeptical and am locked in at higher levels due to not follow the #1...
I'm not rich enough to gamble profits due to position size but I anticipate a retreat here to $87 or maybe $85 to take the heat off. What a run, what a beast. Wish I had of stuck to my dad's philosophy about Cnd bank stocks when I was getting started. "Buy them". $1 Dividend!!