I put a small trade on Bakkavor Group looks to be at low support level pushing to the upside & macd supports this.
So far so good over 4% gain so far.
Im looking at a target price of around 80p we will see
What do you think??
Looking at the chart it looks to me like we might have a breakout on the way.
I have not traded Uranium stocks so I'm no expert on the price movement, stocks or this sector.
With that said Uranium looks like it has just had a nice run up the price is coming off recent highs and may continue higher from production issues in the sector which have made the space...
So as usual I looked at price movement and thought hmm
Biffa looks like its at a good entry point so I bought.
Now looking at the chart im starting to think I might have got this wrong. Im no expert on patterns by any means I usually invest on support & resistance and price movement & what my crystal ball tells me, but this to me is looking like a
Looking at the historic chart data and recent price
spike & pullback it looks like all the bagholders from
2011 hights have sold out...well the ones that wanted to sell out anyway. from the recent pullbacks, it looks like we will see all-time highs from this point especially with gold on route to all-time highs
What do you think???
Ive had my eye on Canopy for a while now looking atthe recent uptrend through support and resistance today looks like the time to buy.
My current price target is $18.20 depending on momentum
Let me know what you think feedback is always appreciated
I think there is more upside risk than downside risk looking at recent moves it looks to me like it is at the beginning of an uptrend looking to retest the resistance level again hopefully it will break through if momentum builds on the way up.
What do you think??? let me know
This may be wishful thinking but after the near negative bond yields, insane fed printing, etc I can't help but think this must breakout of resistance soon.
I do see the price dropping lower throughout the rest of the week before a breakout.
THIS IS PURE SPECULATION. I AM LONG ON GOLD
Please take this with a pinch of salt I'm just putting my thoughts out...
Looking at silver prices it looks
to be making a move tot the upside
therefore im looking for a trend
reversal which looks to be
happening on the 4h macd
Im looking for a breakout through
resistance and a test as a support
level before the up move continues
I have been trading this stock for about a year now & based on the support/ resistance lines it appears to have bounced off the old resistance level along with the proce action staying within the channel.
I have looked at the 4 hour chart on the MACD and appears to be reversing I always like to buy pre the MACD reversal, I find the gains are bigger.
First of all, I am new to technicals & have only been investing & trading for a year now so please don't run with this its just my inexperienced opinion please do your own research.
I have been swing trading Bushveld for a few months now and see the price action gap down looks to be getting smaller I'm looking for a quick pullback and hoping for a push through...