I will break my crypto v-card if this happens
Wave count proposing Compass Pathways to run into 70+ -- very possible considering low float. Wave 1: Impulse Pattern Wave 2: Running Flat Wave 3 target 1.618 extension of Wave 1
The Psychology of a Market Cycle plotted against the S&P500 March Rally. Agree/Disagree? Share your thoughts
Outlook for S&P 500 SPY ETF
Proposed Wave 5 will take price to 2150 to 2250 above previous highs into the end of 2020
Considering the Thursday/Friday price action as an impulse wave to the downside
This has been in a wide range consolidation since April 2019, approaching the all time highs and sticking within the ascending channel verified multiple times throughout 2019. This lengthy consolidation is healthy, and if the upcoming ER demonstrates continued growth and brand loyalty with YETI products- the upside here will continue. Think lululemon & black...
Proposed Entry 0.61 - 0.65 First Target 0.71 (+15.7%) Proposed Stop 0.60 (-6.6%) 2.4 : 1 Reward to Risk Ratio
Proposed Entry 1.22 - 1.27 First Target 1.44 (+18%) Proposed Stop 1.17 (-4.3%) 4.2 : 1 Reward to Risk Ratio
Significant volume up tick on the daily chart. The pullback is now clean resulting from a follow through candle breaching the 0.618 fib- however I'm giving it the benefit of the doubt only because the increase in relative volume is significant. Watching for a 5 wave structure to take price action into 0.11
I'm a big fan of weekly time frame analysis, the larger time frame offers in my opinion greater strength behind any pattern- bearish or bull. I'm watching for an inverse head and shoulders to form, with the near term 7.35 resistance converting into support and offering a leg up into 9.10 A break of the 9.10 neckline will offer further upside, however I do not...
Trend break on volume, impulse wave formation with a retracement right into the 0.50 fib
Nice bull volume on the recent rise in share price, suggesting to greater upside. Keeping the analysis simple. Increased bull volume Decrease bear volume on pullback following upside move Fib ratios align with recent levels of resistance, now to be validated as support RSI suggests a near term cool off, potentially right into the entry targets of target 1.05 -...
Three weekly candles finding support in the low $8.00 range Price action is flirting with the $9.75 weekly resistance Moving outside of oversold territory What has me cautioned: Approaching a long term descending resistance line Weekly resistance at 10.28
I have maintained a long thesis on 48North Cannabis Corporation since October 2018, and the trade worked wonderfully into March of last year. However, 48North pulled back alongside the entire cannabis sector, and rightfully so on some of their own missteps. As a brief introduction, I believe 48North's competitive advantage stems from their outdoor grow operation,...