We see a set of bullish hammers and stochastic turning from an oversold position. On top of that, there is a crossover of DI+ and DI- which may mean the market will trend upwards soon!
Trend reversal emphasized by a bullish hammer and higher lows in subsequent days. Price is turning from an oversold zone according to stochastic. I see it rising to a price of $6.4 in the short term.
We have seen over the last few days that bulls have won and the trend has reversed. I expect a steep uptrend for HIVE, expecting it to reach about 3.60-3.80.
1. Two bullish hammers signalling reversal. Lower prices were tested. 2. Stochastic is turning up. 3. Market may trend upwards for a good duration.
Bought @ $23.53 Stop @ 23.66 Target 26.18 (based off Fib Ex) RvR is over 4 to 1 Shares purchased: 40 Mitigation: No
"Budget" airline offering alternative to Aircanada or Westjet. Based out of a weird airport. Short down to .40
ACB looking like its completing one last correction wave before stabilizing somewhere in the $9-$11 region. That being said they have just released great news so this could interrupt the last correction and continue on its bullrun but i find this unlikely. All in all, don't try and fight the bull market. Cannabis is exploding right now and you'd best hold this...
HMMJ appears to be consolidating along side the whole CDN cannabis sector. I'm just paper trading to get a feel for this ETF during this consolidation.
The last few trading days show that this is a good buying opportunity and stock has probably reversed. Stochastic shows it climbing up from an oversold position and MACD histograms show that the market is trending positively. I believe OGC could rise up to its previously long held position of $3.45-3.50. I am placing a stop loss at $3.00, to give myself about 2%...
HBM has bounced off a long held support level. Last few trading days tested lower prices but the bulls won. MACD and Stochastic show growing momentum and it returning from the oversold zone. Even if HBM is simply in its trading range, we have an opportunity to buy in so that we can make a sweet 12% if it makes its way to its resistance level at $10.40. In my...
KEY has had higher lows each of the past three trading days. It has also test prices at the lower bollinger band level. Price action shows a rising bull market. Lots of momentum and the bulls have definitely taken over. I expect it to rise to at least $37.
Goldmoney provides an excellent solution to its customers. The stock took off ever since introducing Bitcoin into it as an asset. It is safe to say that Goldmoney offers exceptional products. Although a bearish flag pattern has emerged since the beginning of December 2017, I see the company doing well into next year. As well as its stock price. A small correction...
Bulls are taking over. Indicated by the strong bullish hammer and stochastic turning from the oversold area. Added in MACD to further enforce the arising bullish trend. Shows signs of being a good growth stock but definitely worth swing trading over the next two weeks.
This is my first post and I am 16, so I am open to criticism. I think EFH is rebounding of a strong support and is out of a trading range. I have also indicated using Keltner Channels that the stock is undervalued at the moment. I have kept 90% of the candlesticks between the channels so that a much safer decision is made. MACD shows us that the weekly trend is...
Reversal Strategy Based on: 1. Price touches or goes below the bollinger band. 2. Stock is trading near or in the oversold region according to the stochastic oscillator. 3. Price formed a bullish hammer and on the following trading day, price did not reach that low. To reaffirm my strategy, I put in RSI and ADX(with DI+ and DI-) to show that momentum is growing...
Kept it simple with this analysis. Last few candles for AZ were bullish, and we saw it pop up on Friday. I am confident it will at least get to 3.30, its resistance level. RSI indicates bulls gaining momentum. However, I also feel like it might break past its resistance level this time as it has reversed at its lower bollinger band with a strong bullish signal twice now.
Looks extremely bearish and a good long term risk/reward trade is in the works (via ETF or some other instrument). Central Bank of Canada now between a rock and a hard place. allow CAD to continue appreciating and hurt exporters / dissuade foreign investment FED raises rates --> BoC follows pace in lockstep to protect CAD from falling too low (i.e., 60...
LONG the canuck buck as the US dollar continues to struggle. Looks to be breaking out on the weekly over a resistance/ peak.