ARX LongThis is a step away from my norm and I may be a little early. Very large Head and shoulder pattern, target seems a long way off and will try to trade a 3rd of the stock on monthly candles to the target. Wish me luck..
8RC trade ideas
Arx long term bull pattern.I’m a oil bull. I just bought back into arx and hou. Arx has strong numbers and recently fell off with the price of oil. I believe oil will hit 100 a barrel again based on a weaker usd lower rates more QE as the fed supports the repo scam. My predictions are based on fed policy and change depending on monetary policy and economic outlooks. Do your own dd. Take profits when they come and don’t get greedy! Cheers
8.00 dividend yielding stock explodesBear set up on the daily end up in an explosive 7.00 percent day for arx and should be on everyone’s watchlist. Money is moving to high yielding stocks in Canada as gdp shrinks. Good sign of markets are coming to an end of a bull run. as investors are taking less risk. The volume tells me be bullish here @ 7 bucks cad. I am also long on oil also why I like this stock. I see a easy 2 bagger here.
ARX - ARC RESSOURCES LTD - Ddp on gas - extension lvl reachedARC Resources Ltd. (TSX: ARX.TO) is a growing oil and gas exploration and production firm with operations across Canada. The company had a market capitalization of about $3.2 billion in November 2018.
TSX60 ARX Arc Resources LtdARX is looking ready to pop back up to $30+ levels again. Accumulation zone is $20-$26 range
