Trent.klarenbach

Trent.klarenbach Updated 

TSX:ARX Price target of 7.23 upon breakdown of the descending triangle.

Trent.klarenbach Updated 

NASDAQ:TSLA Price is approaching the VWAP from the IPO. Will the VWAP act as support? Will price break below the VWAP and accelerate the selling?

Trent.klarenbach Updated 

AMEX:DIA DIA approaching the 200 Day SMA and YTD VWAP. I expect a bounce from here.

Trent.klarenbach

NYSE:TAP Short position on TAP below 58.71? Declining 200 and 50 Day SMA . Below YTD VWAAP (not shown)

Trent.klarenbach Updated 

TSX:ARX ARX has tested this red line of support three times now. Will it hold?

Trent.klarenbach Updated 

NYSE:ABR ABR long idea above 12.96 I have an ascending triangle forming on the daily and a bullish pennant on the 30 minute chart. Price is above the 10, 20, 50 and 200 DMA. Price is above the ascending 5DAM on the 30 minute chart. Price is above the YTD VWAP. Initial Stop will be tight a t 12.84

Trent.klarenbach Updated 

NASDAQ:ACOR Looking at a short position under 12.92 upon breakdown of the descending triangle . Original stop will be placed at 3.18.

Trent.klarenbach

NYSE:KDP Is KDP In a Hyperwave? I will continue to watch KDP for a short opportunity following a weekly close below the light blue Phase 4 line.

Trent.klarenbach

TVC:USOIL Will the oil retrace stop in the Golden pocket and then continue to new lows?

Trent.klarenbach

NASDAQ:PDLI Looking at a long position above 3.79 upon breakout of the ascending triangle. Original stop at 3.58

Trent.klarenbach

TSXV:SUGR Current price is above both the declining 40 Week MA and 200 period MA. However, as both these are declining, bounces should not be trusted. The price is also above the VWAP from the IPO which is positive. Look for a pullback before making another push to the overhead trend line. I expect price to consolidate in the accumulation phase before...

Trent.klarenbach Updated 

NYSE:ACB Long ACB at 8.13.

Trent.klarenbach Updated 

TSX:VLE Downtrend Declining Moving Averages. Below a declining 200 DMA. Descending triangle Long positions should be on a short timeframe.

Trent.klarenbach Updated 

SP:SPX Is this a Dead Cat Bounce? I see confluence with the 50 DMA and the Golden Pocket fib levels. We are in a downward trend. My Elliot Wave count suggests an ABC correction is almost complete for Wave 4 Let's see if we can get a move higher into the swing fib levels highlighted by the green box before making new swing lows.

Trent.klarenbach Updated 

I entered a long position at 12.69 with a Stop at 11.63. If this thesis is correct, I will let this run and raise my stops along the way. Areas of the interest are highlighted by the Blue and Orange lines using key Fibonacci levels. The orange boxes depict Golden Pockets levels that I identified.

Trent.klarenbach

AMEX:NGD Entered NGD at 1.23 on February 11th. Looking for a Gap fill. Target area is pretty wide.

Trent.klarenbach

OTC:SHMP If SHMP can break to new highs, then I will be looking for a reaction at the yellow and blue horizontal lines. My EW counts have the recent high as either the 3rd or 5th Wave. Let's see how this plays out. The yellow lines represent a .618 and .65 fib level. The blue line is another fib level of interest. If SHMP does not break to new highs then look below.

Trent.klarenbach Updated 

I entered a long position at 28.28 with a Stop at 25.90 If this thesis is correct, I will let this run and raise my stops along the way. Areas of the interest are highlighted by the Blue and Orange lines using key Fibonacci levels. The orange boxes depict Golden Pockets levels that I identified.