I've mentioned in my previous posts that Bitcoin is trading in a Ascending Triangle, and it appears as though #Bitcoin is about to breakout of this pattern by the end of the weekend. Time will tell per usual. Tell me something I don't know, well, what is the world going to do when the U.S attacks Iran? Is Russia going to defend Iran? Is Iran going to defend...
So, since the last time I posted a chart on TNY we were trading in descending triangle that broke to the downside on a "short term time frame." I had mentioned that the pattern could also be a bull flag , but that was not the case. It is interesting however to see Tinley get back up to the 56c level where there seems to be historic support dating back to Aug...
Interesting Gold play with early exposure to Japans abandoned & shut down mines from the earlier wars...
I sure hope not, but hope isn't a good investment strategy. There was a descending triangle on a smaller time frame that broke to the downside but quickly regained traction to end up playing out as a bull flag. It would be nice to see this turn out as a giant bull flag or ascending triangle, but those red candle sticks look hella bearish.. Time will tell per usual.
Is Curaleaf going to shake off the FUD from the FDA & continue crush the U.S market. I think so, although they may have stepped over some boundaries with promotion / labeling & making claims on some of their cbd products, it doesn't change the position they have in the U.S with distribution. It looks like CURA may have found a double bottom? Time will tell per usual.
It appears as though Bitcoin Is getting ready to go parabolic over the weekend & touch the top of this Descending Triangle, or potentially try to break this Bull Flag & put in a higher low. Only problem I have, the volume etc are declining, so I'm not overly bullish. It's hard to look for bullish patterns in a short term bear trend that potentially started...
Did Canopy create a double top, or is the stock going to create a Macro higher low & stick in a bottom tmrw or sometime right away next week?? If Canopy doesn't take control of the market tmrw with some big news to offset the market sentiment than don't look down, in my humble opinion which is only worth a grain of sea salt from...…. Time will tell per usual.
New 2019 ATH's are one Donald Trump Tweet away IN other words, trade wars lead to currency wars lead to real wars! Time will tell per usual.
I think so, Gold is showing some strength in this new currency war which will lead to a real war. It starts at a trade war every time lol.
This company is sitting on a decent amount of Gold in Russia, right next to several major Gold mines. More research coming in the weeks on this stock.
Maybe a bull flag as well, time will tell per usual. One thing though, Gold has been in a bear market for YEARS, to suggest that the bear market is completely over is debateable. On a smaller time frame there's clearly been a H&S pattern that played out after a rejection of a triple top.
Price target of 50c. Gold is in a descending triangle as well, so when that dumps don't look down! EOM!
Bulls get Money, Bears get Money, and PIGs get...…………………… Oh wait, this is Beyond Meat, no swine up in this motha sucka! I see one or two "pumps" left before a deep dive down into the p&d abyss. Time will tell per usual.