I decided I'm too stupid for money and reopened a position in ENSV.
Looks like my previous look on silver was wrong. Looks like it is still within a wedge and we are looking for a breakout within the next few months. After the breakout I'd fully expect to see at silver at a minimum of $50 an ounce. Personally, I'm seeing costs of goods go up higher than that currently, with the addition of increased labor rates, some raw...
I'm betting this 50% to 100% gains from here strictly for tomorrow.
I held this stock way longer than I intended. Remember, if you have an out that you set before you start your trade, stick with it. I would have kept 70 cents more per share if I followed my original plan!
So, if you've read anything I've written, you'll know I've been in ENSV for a little time now, averaged in price of 3.38. What I'm looking for in my exit if I end up taking a loss will be over the next couple of days. I am examining how well the stock maintains the ripster clouds and how well the MACD holds up. We currently have a cross over on the MACD and if...
We had high volume with a big move and now we have light volume and it is still moving upwards, paired with some good earning reports, I bet someone would make a couple bucks buying this stock. Make sure to have your stops in place.
If you look at this chart, definitely looks like BCEL is ripe for a pop. The blue line I have on there would be where I'd start thinking about selling, probably 5 cents less than that and it's going down hill.
I'm still researching, i.e. justifying my bag holding, XOM and NINE have both had good surprises for their earning reports. We'll keep an eye on the rest of the sector as they have earnings reported, but I suspect they are all going to be good surprises for a big win in the next week or two.
BTC is going to continue in this channel permanently. I fully expect to see the collapse of the dollar, the rise of silver and gold and the steady increase of BTC.
I'm looking at Biotechnologies and healthcare sector for my next sector that is going to run beyond the oil industry. Oil is going to die down in the next week or two because the Biden admin will want that to go hush hush. I estimate we will still have one or two more really rallies in the oil industry before we see the whole sector of biotech go nuts. Again...
This chart is a great example of a gamble. Looking to the left, we see huge potential to return where it came from but the 40% gain today comes from no information. Nothing is driving the increase. We don't see market maker levels of volume either. They may have entered a few weeks ago on the 23rd, but that could also be a huge short position. We don't know...
I am currently in ENSV for an averaged price of 4.28, small capital because I'm not the best at this stuff. I do believe this stock will run along with the other oil plays. Biden is not going to open America's oil production and these oil stocks are going to go through the roof. HUSA, NINE, IMPP, etc are still all in play too. I'm guessing ENSV with my piss...
I have an idea on how to find runners. This one, even though it is up 200% for the day, will still run at least another 100% today.
Watch IMPP. This stock is going up. I have a stop currently at $1.9, bought in at $2. I will switch my stop to a trail stop of $2 when the stock reaches $6. The reason I like this stock is it has to do with commodities which are on shaky ground right now and if you look at the volume after going over the 200 MACD cloud, it's been sustained. This stock will...
Today is a big day for NINE. It will be running hard, but we're looking over the next few days sustained volume with sideways price action. If it does that, a good entry is anywhere between the low and high of today. Should 10x from the low if it has sustained volume.
Silver is going up. Broke a short term down trend, going to previous all time highs. USD is worthless.
It's time. BTC has moved from the boom-bust cycle and is going into a long term trend. People are buying and storing bitcoin as a store of quick access wealth. This channel will remain permanent for the long term. It is unlikely that the cycle will be changed. Buy on the low channel, sell at the high, or just buy every week with your paycheck. It is a...