We have been going sideways since march, I am leaning bullish here given we haven't broken any significant levels to the downside pointing more to an accumulation period / profit taking, no signs the sellers are gaining over hand Quarter setting up nice hammer to the upside potentially and the yearly can still go 2 to the upside with 3 months left.
Nice breakout to the upside on the monthly and weekly here We want to see that follow thru over the rest of the week I am looking at some monthly calls at $16 for November New James Bond October 8th you already know I will be there
The stock almost bottomed up and have huge potential. The stock might perform great due to : - The cinema complex are open. - Vaccination is out and government plan to vaccinate everyone by June. - There is no reason why someone won't go to CINEMA in summer. - Trend is favorable Consider it as good buy , I am setting 2 target for myself and will re-enter after...
Little Key Points: RSI is oversold with bullish trend Selling volume/pressure decreasing Company is pioneer in renewable source of energy and might get new project as trend is changing. Bitcoin mining via solar power is the thing these days. That might push the price more up. Economy recovery, new investment coming up Price is sitting above...
Key Points: Today's closed with nice buy volume. Expect a price pump in coming days. Quick Trade to make nice profit :D Disclaimer : Trade at your own risk, Not a financial advice.
I see no reasons why this won't go back to test 2018 highs of 14.84 and go beyond that into the end of the year. Positive macro around oil and canadian producers right now Lots of calls for $90 even $100 wti from goldman sachs 2018 WTI made a high of $76 before getting slaughtered all of 2019. I believe this time around we have the inverse scenario.
Just a nice long term channel on the TSX in Canada. Obviously, this channel has been obliterated in USA equity markets (manipulated, post-truth times).
After making ATH in April this index has spent the last 5 months going sideways. I am looking for the month to break 2 to the downside and to inevitably hit the 200 dma at the very least. 20 days left on the monthly candle so lots of time left Be patient
One of the largest dividend payer on the TSX set to increase that dividend by the end of year/early 2022 They move 25% of nat gas in canada and us on top of solid portfolio of renewable assets Doesn't get more blue chip stock than this. I like to focus my portfolio on companies that are leaders in whatever field they operate in and have shown clear outperformance...
History tends to repeat. $5 TOMO by eoy should be simple
Shop just hit its long term support and has similar RSI levels as March 2020 (Covid flash crash). IMO SHOP is highly undervalued and has been consolidating around the 17000-1900 range. Next leg up should take it to $3000 and then finally the 5th wave could propel us to around $4200 in the next 6 months. Going long with full force. Not financial advice! Like and...
Bullish thesis around this company revolves around the continuing pick up in drilling and well activities throughout alberta, saskatchewan leading to increases demand for their services which they have already talked about in most recent earnings filed. They also highlighted having issues finding enough workers to fill all of the demand they are getting.
Ideally you have been long this for awhile but even if you aren't there is lots of meat left on the bones here. Returning cash to shareholders lowering debts drastically the picture around the large Canadian producers is looking better and better each day. If it's good enough for the saudis to own its good enough for you. Dividend increase in the pipeline. The...
Top left looking at the yearly candle we have the 2-1-2 reversal in force. I am looking at a price target $48, after spending most of 2020 consolidating its obvious the trend for 2021 has been very positive and I see no reason why it would stop now. Ideally next week when the new quarterly candle gets going, we see a break to the upside taking out last quarter...
Earnings coming up end of month looking like it wants to go back to ATH
We have the Monthly and Weekly candles already 2 to the upside. I am looking for continuation to the upside the rest of the month with crude prices seemingly having found a bottom. Favorite pick in sector is ENB / CVE / WCP We need that monthly candle to remain green 2 to the upside to stay long
Shopify about to hit it's long term support. Longing at CAD$1650, Sell at CAD$1970
Bearflag structure buty not a bearflag becuase no flagpole comig up for 3x top? I think so. ONLy 3x because of teh fat-finger wick from Friday See RSI70 - outta gas on the 1h, 2h etc BYe byre RSI Expect a little stab north to overbuy and down she goes! Of course I may be wrong so DYOR