Been bouncing off uptrend on the weekly, and last 3 weeks have been strong for LIT. Will need a month at these levels to tighten up before breaking to new highs. Lithium stocks have been moving well, VUL, PLS to name a couple. I would look to start adding to a medium term position in one of these 2 companies based off lithium movement.
Added onto NST holdings on fridays open. Golds price action was seen and taken account of, so had no reason not to load up on friday. Any entry in NST with a stop at $10.40 is good over this coming week. Gold will be consolidating at these levels before breaking and pushing to $2000.
Rounding shoulder here, wouldnt suprise me if CRO closes this week at or below 5.5c. I would possibly look to get out now before the leg down begins. FA has never been strong in CRO and this weekly shows price action pointing to 4c in the coming months. CRO will need to put out some good financial growth in coming days to have a chance of not falling below yellow...
Will likely face resistance here, so some sideways consolidation this week will be ideal. A break of 65c should see a swift move above 70c. Cybersecurity looks to be coming back into the public eye again with moves from ar9 and fzo.. wouldnt suprise me if TNT and CPT have some movement this week aswell. On close watch for consolidation at these levels. Will buy on...
Could be a monster move in the making here on the monthly. If silver price gets squeezed, be sure to get an early parcel of this company. Alot of upside potential if it breaks 37c. Will look to start buying this based off silver chart. If gold cracks 2000, silver is usually correlated with the movement aswell, so i expect big upside from this company SP.
A few more days under the resistance line here will mean for a healthy push to the 200MA. Been adding to my position over the week and almost full. Will add the rest at break of $12. Entries here with stop at $10.50 if gold tumbled over.
Hell of a sell off for BET, quite a suprise to be honest. Dont know how it will play out next week but given the volume i feel like its going to be a risky couple of weeks for short term traders here. If i had to have an opinion on the news, i feel that a company of BET's market cap couldnt afford TAH.. but i like what Tripp is bringing to the table. Definetly...
43EMA still below 200MA, once this crosses over i expect a strong up trend over the year. Slowly adding into my gold positions however while waiting for this cross of MA's.
Whichever way z1p breaks out here it will stay in the trend for a few weeks. Watching very closely as i feel like it will go down to fill the gap before bouncing and move through the channel until late July. Currently sitting below 200MA on daily which isnt healthy. One to watch for break though.
Drill results from Mount Stirling showing no one is interested in buying leading up to JORC update. *this is from my quick research in why price is moving the way it has been last couple weeks* Could go either way here, but if it goes below the yellow support line, dont expect it to have new highs this year.
Chart doesnt show any direction yet, but this week we will see whether z1p is a growth stock, or a retail issue. Needs to break the 200 day MA and stay above. I dont believe it will break again and we will likely see a buying opportunity around the $6 mark with as low as $5.50. Z1p's a competitve company to APT but needs to start putting up stronger growth...
Based off technicals alone, i can see CRO staying in this channel until early June. Only thing that would break it out is some growth in the company. I dont see it happening, but will keep an alert on cro for a quick trade.
Gold is in a resistance zone, so im looking to enter NST once all the quick buy/sell traders have finished selling. Gold will likely stay in this current range for this week and next, so ill slowly enter into NST. I choose NST as my gold stock for the simple reason of price growth. I see the best risk reward at these levels. With first target being $12.50. Entry...
Oil prices looking for new 52 week highs, and WPL still trying to break downtrend. Has been sitting in support zone for a month, so can move quickly if it breaks downtrend. Entry here with stop at the 200 day MA is a low risk high reward play for the next few months.
Although im no longer in bet long term, im suprised on how nice the bet chart has been this year, even during the sell off last week. Its been an easy short term trade with stops just under the trendline. I constantly thought through volume that bet was extended, but its just been a clean hold for whoever has been holding it. I had a target of $1.50, and now that...
So far strong volume on daily, but top is getting rounded. 2 options i see playing out are; First a pull back to $1800, followed by a break through down trend. Or, big volume push next 2 days to $1880, followed by pull back to $1840, then bounce to move to $1900. Should be a good month for gold though.
Could see a follow through today. Hard to ignore the incoming volume from yesterday and the hourly chart. Still believe the holes arent the best.. but the good ol' buy the story, sell the drill will get TNR moving along with strong gold price action as well. I believe more drill results are due soon, so be careful holding into them, but chart is saying buy.
Stop at 13.50, makes for a low risk entry for a bounce here with pbh. Oversold on the 5min and 15min chart, could be a good trade for this week if markets stay neutral or positive as opposed to negative.