tomthetrader1

tomthetrader1 16 views ・

Trend break on volume, impulse wave formation with a retracement right into the 0.50 fib

tomthetrader1 11 views ・

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 -...

tomthetrader1 41 views ・

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

tomthetrader1 131 views ・

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,...

tomthetrader1 23 views ・

Falling wedge on the weekly chart w/ and opportunity for a bull break to the upside

tomthetrader1 780 views ・

TLDR: What a time to be alive. These types of moves create a significant transfer of wealth, for the long's this has been a multi-year battle from $175 - $350 and now in a span just longer than a full month we're at $537.92 at market close January 14, 2019 This type of price action extends beyond fundamentals, and at this point is primarily dictated by human...