Oversold stock reached strong support. Double bottom pattern indicating a bullish reversal,
AC has breached the upward trend channel, accompanied by a Head and Shoulders formation. The neckline support, situated around 18.05, has been breached. I anticipate a downside potential with my initial target at TP1 = 17.03 and TP2 = 16.57 CAD $. Best of luck to everyone, but please remember that this solely reflects my opinion. Conduct your own analysis and risk...
broken rising Wedge on the chart, correction in progress, my TP target is 65 $
LSPD (Lightspeed) appears to be oversold at the moment. The arrival of the new CEO is expected to significantly boost the stock. Additionally, there are signs of a potential reversal, particularly on the lower timeframe of 15 minutes, with an inverse head and shoulder formation indicating a possible turnaround. I anticipate LSPD to rebound and test the resistance...
LSPD is in a downtrend, My target is set to 17$ CAD with a chance of a TP2 @ 15.5 $ GAP need to be filled before any upward movement. Best of luck to everyone, but please remember that this solely reflects my opinion. Conduct your own analysis and risk assessment.
AC is moving in an Uptrend channel, looking very bullish and undervalued at the current price. Most analysts target is 32$
TLRY bullish falling Wedge imminent breakout, 2.38 support was reached and that will push the price higher above 3 - 3.25 LSE:CAD and more
TU Telus corporation is selling at a discount right now. earning is on Friday. expecting a BEAT in profit , currently trading in Bull Flag pattern , looking for the bounce up above 18 then continuation to above 19.6USD, also RSI is near 30 on the daily chart.
Falling wedge breakout - upside continuation price crossed 200 DMA
USDCAD bearish sell opportunity Currently retesting head and shoulders neckline also strong resistance level that was tested multiple line will be entering a short position following a engulfing candle on the 1hr or 4 hr timeframe. Target will be at least 1.3185
Tilray Bullish Upside Opportunity Tilray has broken the falling wedge and since then its ramping up toward it's 1st target close to 5$ USD, 2nd target 7.3 USD. we can see an uptrend with new higher highs . lately it has broken a Bullish head and shoulder bottom pattern or Symmetrical triangle that tells me the upside continuation is still valid.
USDCAD Bullish opportunity, we have a double bottom pattern on the 4 hrs chart. bullish Neckline breakout @ 1.3397 has been retested successfully. Target sell range Target 1.34977 - 1.35210 Stop Loss 1.3322
we are seeing a Bullish head and shoulder bottom pattern Bullish Scenario: If we get break out above the Head and Shoulder bottom Neckline resistance range ~ 23.63-24.20 $ the first target will be ~ 29.9 $ and will be reassessed up or down from there. but likely to hit above 50 $ short term bearish scenario: if price breaks below support 21.10...
USDCAD has broken the uptrend channel, potential bearish movement TP1 1.3535 -1.3518 TP2: 1.3407 - 1.3385
Bearish Engulfing Candle on the 4Hr chart. on the resistance line of previous broken support aligned with the 20 EMA Below 50 EMA
Since price has reached a Resistance Zone, this seems to push the price down . seeing selling pressure on the lower (1hr )time frame bearish engulfing candle decided to go short. Target might be in the support zone where we had breakout on the inversed head and shoulder neckline
FX:USDCAD USDCAD is looking bearish to me , Head and shoulder pattern, if the neckline breaks out we might see a correction t0 1.29 -1.31 .
GBPCAD Rising Wedge + double top Bearish patterns. double top neckline has been broken and now being retested. Bearish Rising wedge pattern, once lower support line is broken we might see a correction