Price bounced back after Monthly RSI hit bottom & Daily price formed a strong Bull Div. (Yellow indicators)
A push above Monthly Resistance 1 would bring price into it's new consolidation channel where MR2 represents the top.
Price has been holding in the upper range of its current channel despite daily declining volume.
if price fails to break MR1 confidently,...
Relatively new company delivering meals and leading the industry, covering all the P's to the T. Doing very well since Covid19.
Assuming is can breakout from here and continue this run, next target would be in the 13$ range for the retracement down to be logical.
If lockdowns persist, this can go higher. Winter and holidays are most definitely increasing sales...
TC Energy Corp looks like it may flip from here. Within the March Low Range.
Small recovery last week looks like it triggered a reversal. Keep a close eye. Had to break and hold red fib.
Entered at 52$
Looking for at least 61.50$
Oil managed to continue a good run despite being oversold without a retrace of the RSI for quite some time.
Since then, we've oscillated and returned to somewhat oversold which should lead to a dip from here.
Special events took place at the early stages of the pandemic, but Oil bulls can make anything happen.
This will be a good show.
$ENB has been a good recovery play. Slow and steady & great dividends.
If you didn't catch the low entries, expect retest of 41$ before hitting 46$. IF clean break, on to 50$.
Unlikely we fall below this zone.
Yamana has a beautiful structure. Breakout out and having tested the lower fib line, on it's way to 70% gains.
Gold prices on the rise may nudge this before EOM.
$AC price failed to find support of the fib line, testing the old resistance.
If support fails, retrace to 20$.
If holds and reversal confirmed, on to 30$.
Suncor has been another fantastic play since the 15$ entry.
Now entering a new zone a bit high on the RSI's.
Stock is still undervalued.
Looking for a strong push from here to next fib line so RSI can reset down before another two waves up.
Stop Loss in case of breakdown, although unlikely.
Great Canadian tech stock.
CGI will likely reach the fib line before a retest of current consolidation zone support.
A strong break above this box would signal momentum but we will likely see consolidation for some time before a definite breakout.
Accumulate.
