The stock has been heavily sold down in 2021 while the prospects of the company have never been brighter. They are heavily cashed up including 10M from Investissement Quebec. We just saw a MACD crossover, in that being a technical buy signal. The chart did dip below the previous low but still well above the lows of the year so a higher low idea is still in play....
The chart has recently completed a golden cross and even though I don't put much weight on these types of indicators it surely can only be seen as positive. The fundamentals have never been better with the recent white label Duracell deal so there is strong fundamental catalysts under way. Moving averages are stacking up nicely as they should in a continued up...
RSI is looking to breakout ahead of share price, all in all i think the chart is poised for higher prices in the near future. Tax loss selling is almost complete and their ransom ware product is debuting the week of December 13 which should allow for natural price appreciation. Top 3 pick for 2022
Here's an update of the previous chart I had thrown up. The wedge has been filling out and we did put in a new lower low but the SP appears to be basing in this area. There are a few positives on the chart and it does look prime for a move if a catalyst comes about. I don't think we see a confirmed bull break without news, this move is suspect with the lack of...
Based on the expected catalysts and my obvious long bias here's how I see the TA. Although the stock is currently in a well defined down trend there are a few items that make this setup more bullish then it looks on the surface. The falling wedge pattern is arguably a solid bullish reversal pattern and I think this chart currently fits the mold. We have got our...
This chart just has a nice rounded bottom in the making IMO. That is if the global trade issues get sorted out and the outlook for growth improves. LGO is very susceptible to the China trade issues and global growth overall. If the Indices decide to take another trip south LGO will go down with them. That being said I'm in the camp that we see a continued rally in...
General markets are rebounding, January is typically a strong month, and tax loss selling is over. Considering the absolute beating this stock has taken it appears to be due for a rebound to at least the recent November highs. If the US/China trade talks don't go well that might be all we get in January before another move down along with major indices. If there...
Based on the upcoming fundamental catalysts for AIS and the more positive then negative technical factors this is how I foresee the share price movement transpiring
