200 Day MA is only 26% away at the time of posting. Tinley has broken out of a ascending triangle, look at the rsi as well, very telling of a possible trend reversal after creating lower highs for months consecutive. Now Tinley is creating higher highs & higher lows on a micro level consistently. If we do see a retracement of any sort, I'd like to see 46c hold,...
Bearish divergence on Consumer Staples Stocks. Pick large cap top performers in Consumer Staples sector with your favorite sell/short signals.
Unless Tinley breaks above 47c in the next few trading sessions we're basically just looking at another lower high. There's clearly a possible bull flag pattern that may play out. The RSI was at an all time low on "all time frames" recently, which is reflective of the aggressive bounce we had in the share price. On the RSI I've made some notes that may...
Today's move is nice to see everyone, but we're still looking at a lower high on a macro level since Dec 2018. That may not seem macro to some investors, which is fine, but it's still important to note in regards to charting. All information helps, especially in hindsight when trying to learn new trading methods, I guess I'm speaking for myself. Anyway, a...
Got a Vanguard notification of a purchase this morning. I'd like to attempt to document, on the same day , all individual stock purchases for future reference and timing studies. Vanguard purchases are my Long-to-Ultra Long term holdings. Companies purchased reflect positive outlooks on - Valuation, Growth potential, Technicals, and Future trends. I want to...
I know that when Canopy entered the Cannabis space they used Goldman Sachs to broker the deal. Goldman Sachs went bullish on Cott a few months ago, and why? Well, we know Goldman Sachs is supportive of cannabis via the previous brokered deal with Canopy, and they'd be privy to any Safe Banking & States Act regulations, so that may simply be the answer.... Cott...
Just a bunch of lower highs since late April / May PP. Anytime we've tried to get over the 200 Day MA since April, we've been knocked back down like whack a mole. In order for Tinley to change this trend they're going to need some material news, very simple... Otherwise, it will be a slow bleed down into the single digits, IMO. Let's not forget that the...
Or maybe a bull flag. Time will tell per usual.
It looks like Tinley is trading in another descending triangle. Maybe a bull flag as well, but the no news trend is likely to lead to the descending triangle playing out first. Time will tell per usual.
It appears as though tny may be trading in a ascending triangle. It's clearly noticable on the rsi as well. The 30-45 day estimated time frame for Tinley's two canadian LP's is fast approaching. Sunday would be 30 days from the previous news release. A Friday or Monday news release would be likely & timely for some sort of announcement in regards to this topic....
So, since the last time I posted a chart on TNY we were trading in descending triangle that broke to the downside on a "short term time frame." I had mentioned that the pattern could also be a bull flag , but that was not the case. It is interesting however to see Tinley get back up to the 56c level where there seems to be historic support dating back to Aug...
I was messing around with my charts and noticed that SPY and XLY (Consumer Discretionary) are diverging. Looking back in time - with the exception of one littler divergence a couple years ago - I can't find anywhere else this has happened. Is this maybe a sign that the consumer is getting overly confident? When fear is turned off, things eventually get out of...
“There is equality where all are slaves, as well as where all are free. This shows that equality, by itself, is not enough to make a good society.” ― Bertrand Russell
Fundamental: rising in monthly sallary in every province by almost 8%. Current inflation (y/y nov 3.1%),means rising sallary is higher than inflation. Weakening of usd against idr,may cause decrese in industry's import component. Historycaly,consumer spending always incrased on the christmax,new year,chinese new year and "idul fitri". One thing to be consider as a...
Well $BGG can you possibly let me in at really good price today? That would be nice.
I don't follow this stock and it was a friend of mine who pointed it out to me. There is a massive amount of pain in this stock chart. First off, you had a bad, bad break of the 200 day moving average all the way back on January 23rd. If you were watching the charts, this should have been a pretty good signal that something was up with the stock. You also...
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. I think Kroger will have a brief retracement, or go sideways for the next few days or couple of weeks. Today (Monday, January 22, 2018) it formed a Hanging Man Candlestick. This is often a sign of reversal, but not always. The green...