Bullishsignal
VETUSDT Weekly Inside Bar Forming at SupportLast week's candle was a bullish pin bar. We might see another bullish pin bar this week, along with a possible inside bar pattern
Little choice for the market but to break out. Question is, which direction? :)
PS. Still a few hours to go before the weekly close so let's see if we do see an inside bar pattern here.
$4672.50 in 2006 to $6.00 - Huge Demand, Robust EarningsPacific Ethanol, Inc. produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, dried yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities, including four plants located in the Western states of California, Oregon, and Idaho; and five plants in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California.
I think this is the beginning of something huge. As I noted, the stock hit a high of $4672.50 in 2006.
Demand for Alcohol products in the United States and around the World is outstripping supply as can be seen in Pacific Ethanol's last earnings report below.
The company continues to pay down its debt too.
August 11, 2020
Shares of Pacific Ethanol (NASDAQ:PEIX) moved higher by 38.29% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 258.82% over the past year to $0.27, which beat the estimate of ($0.20). Revenue of $212,074,000 beat the estimate of $174,200,000.
This is a pure turnaround play in my opinion with a lot of room to run a lot higher.
Daily Chart is Bullish with most indicators trending up, Bullish
The stock continues to make new 52-week highs.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Euro is Bullish for Short-term to reach at $1.15 USD mark price
Today Sunday, the market was open in the last 2 hours, so Euro in H4 timeframe we see that situation is so bullish about the fundamentals of that Eurozone is more optimistic than another Forex pars. If you know, we are in the interesting zone of re-accumulation to buy and put in longs position, not short position because that is not a double top, is an ascendent triangle in formation.
But, more important is in this point in Daily, because we are in the supply demand and that is the higher point that could be a price reaction, also, we continue bullish, but until don't valided that Euro continue buy above of $1.15 USD, we can't to entry in long, if for any case if the price leave at the exact $1.15 USD and then, price action or another bearish divergence show a possible correction belos of $1.15 USD, we need to be cautelous of this critical point.
So, tomorrow morning I will going to check this par and bring you the fundamentals that are very important to you to understand for tomorrow. So, I put a buy order limit at $1.1400 USD with a SL at $1.1373 and take profit at $1.1575 USD, but more important is to see if the price it's can to go and continue up, if any case that price is make a rejection for above of $1.15 USD, so the obviously the take profit is $1.15 USD to find up at least 100 pips.
Bullish Industry - Protective Gear, N95 Masks, Robust EarningsAlpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel and infection control, and building supply products in the United States and internationally. The company operates through two segments, Building Supply and Disposable Protective Apparel. The Building Supply segment offers construction weatherization products, such as house wrap, synthetic roof underlayment, and other woven materials. The Disposable Protective Apparel segment provides shoecovers, bouffant caps, gowns, coveralls, lab coats, hoods, and frocks, as well as face masks and face shields. The company provides its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; pharmaceutical markets; and building and re-roofing sites. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada.
On 06/25/20, Alpha Pro announced it will join the Russell 2000 and Russell 3000 Indexes.
The company is also currently included in the Russell Microcap Index.
On 06/23/20, Business Wire announced Aplha Pro serves a $15 Billion dollar Worldwide industry.
On 05/06/20, Alpha Pro announced ROBUST earnings that blew away Wall Street estimates.
Q1 EPS $0.39 up from $0.09 YoY.
In addition, Alpha Pro had 16% growth in its Building Supply segment.
The company has experienced a SURGE in customer demand for its "Proprietary" N-95 Particulate Respirator face mask and other PPE products as a result of the pandemic.
As of May 1, 2020, the company has approx. $46.8 million in orders for the N-95 mask alone.
Alpha Pro has also experienced a robust demand for its "Face Shield" products with orders totaling $13.3 Million as of May 1, 2020.
Alpha Pro ended the 1st qtr of 2020 with working capital of $31.6 million and a current ration of a solid 4:1 - (Bullish Ratio - Strong Cash Position)
The company currently has NO OUTSTANDING DEBT and an unused $3.5 million credit line.
With the recent uptick in COVID-19 infections, more and more states are requiring masks for all activities especially for frontline employees.
The need for Alpha Pro products is not going away anytime soon. Rapid Growth should continue far into 2021 and beyond.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Electric Vehicles - SOLO EV, Huge Potential, Deliveries Soon!Electrameccanica Vehicles Corp., a development-stage company, plans, develops, manufactures, and sells electric vehicles under the SOLO name. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. It also has two other electric vehicle candidates under the design development stage, including Super SOLO and Tofino. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com Website, as well as through corporate owned stores. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Vancouver, Canada.
The SOLO niche market could be gigantic especially in high tourism states, cities, towns and around the world.
I think this stock has huge potential. See article link below.
electrek.co
On 06/16/2020, Electra announced the accelerated expansion of the company's retail footprint for its flagship SOLO EV with new locations planned for Arizona and Oregon.
The company currently maintains a SOLO EV storefront at Westfield Century City in Los Angeles with a second location under contract at Westfield Fashion Square, a shopping center in Sherman Oaks, CA.
Electra said "Production for existing orders remains on target and they expect to begin deliveries of SOLO to U.S. customers starting this fall."
When you look at stocks like Workhorse (WKHS) and Tortoise (SHLL), who have not even started deliveries, SOLO is undervalued.
I think the market for SOLO is huge especially in highly populated cities like New York and Boston where parking is hard to find.
Currently, the stock has Bullish fundamentals. See below
2-Jul-20 3.13
▲ Thu SOLO New York
29-Jun-20 2.56 Bullish Tenkan/Kijun Cross Strong
29-Jun-20 2.56 Bullish
" Bullish Kijun Sen Cross Strong
25-Jun-20 1.91 Bullish Senkou Span Cross Strong
8-Jun-20 1.65 Bullish Kumo Breakout
21-May-20 1.06 Bullish Chikou Span Cross
Again, the big game changer here, SOLO in my opinion has a niche market that could explode in orders moving forward.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Golden Cross, Buyout TargetSprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, packaged groceries, meat and seafood, deli, vitamins and supplements, dairy and dairy alternatives, bulk items, baked goods, frozen foods, natural health and body care, beer and wine, and household items. As of February 20, 2020, it operated 341 stores in 22 states. Sprouts Farmers Market, Inc. was founded in 2002 and is based in Phoenix, Arizona.
Daily Chart:
Volume: Bullish
PMO Turning Up: Bullish
MACD Turning Up: Bullish
RSI: Bullish
Stochastic: Bullish
OBV: Bullish
Accumulation: Bullish
Sector: Bullish
100-Day MA just crossed the 200-Day MA - Bullish
Market got crushed today, Sprouts was up. Bullish
I personally think Sprouts could be a buyout target especially after Amazon bought Whole Foods.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Possible confirmation of Buy zones!!!Hello guys, in this technical analysis, in H1 timeframe, we see a possible formation of pull back, the price is break up the bearish rising wedge channel. and so, the expectative is strong bullish for this currency. So, we hope a pull back, but, if you see in H4 timeframe or Daily we can to see a possible to longer movement so bullish to pick up +300 pips.
This is the situation of H4 timeframe, we conclude that the price want to grow up in the next days soon. And also, I have and found out in this morning a confirmation or resist of up, and this trend line support its support too in the trend.
But, looking in Daily timeframe,we can to entry again in this bearish channel to reach objective so higher in the next days because there are a fundamentals of this pars that it's good for the economy for the rest of weeks.
Thank You Bitcoin Bears. New Buy Signal Can See Break Of 8500.Bitcoin has established a new buy signal in the form of an outside bar which may be the beginning of the next leg higher. This video serves as an update to my previous written analysis where I wrote, "A close above 7600, followed by 7950 is likely to stimulate a flurry of margin liquidations (shorts following their small time frame charts who are now caught). This buying pressure, along with break out buyers can take price to 8500 or even the low 9Ks in a matter of hours."
In this update I will answer the question, "Is this the retrace to buy into?" and further explain our rationale for positioning TWO WEEKS in advance of the dramatic short squeeze (hint: it is all about understanding probabilities and has nothing to do with logic or news). I realize some community members prefer shorter videos, but I am including the main points here so that you get the idea without having to watch the entire thing.
1. The recent short squeeze was the outcome of a strong catalyst, BUT Bitcoin has been in a position to rally for MONTHS. The patterns that developed as a result of order flow around a particular LOCATION favored LONGS the entire time. Small time frames will blind you to this important context.
2. The 7600 minor support has held and a new higher low is about to be established. Higher lows often lead to higher highs, and there is now a bullish outside bar which can be interpreted as a new buy signal for a swing trade long. The next high is likely to be above the 8500 resistance.
3. Our swing trade from 7250 (taken almost 2 weeks ago) has reached 2 out of 3 profit targets. This means we are only long 1/3 of our original position. This also means price can go below our entry of 7250, and our trade will still be in the green. This is how we define a STRONG HAND. This is the result of positioning based on probabilities, not reacting to news, opinions or random lines on the lower region of a chart.
Capturing short term moves in Bitcoin, just like any other market requires advance positioning. Reacting to news events, drama, and other stimuli is what leads to losing trades. Logic is NOT your friend in financial markets because randomness is high and we will always be competing against VERY LARGE players who will ALWAYS have better information than we do (hint: the CEO of Coinbase, or any other participants at his level are NOT analyzing the RSI on one hour charts to maneuver their capital). See the charts for what they are: a way to gather clues of market intent, construct relative probabilities, and to define risk proportionally to your personal capacity. There is enough information on a chart to make informed decisions, it's just that most traders and investors are not able to recognize it and instead rely on instinct, logic, and backward looking oscillators.
Data helps the dollar, optimism in financial marketsIn our previous review, we noted that the publication of the ISM index of business activity in the US services sector will be the main event. The ISM index of business activity in the services sector reached 54.7 in October (analysts expected 53.5, before 52.6).
As a result, the USD strengthened. “I think it’s a good time though to pause...and that’s what I am looking to do,” Barkin (non voter)told reporters following a speech to an economic outlook conference in Baltimore was another impulse. It seems that the majority of the Fed feels that way. According to the Chicago Mercantile Exchange, markets also expect a pause until September 2019, the probability that the rate will remain at the level of 1.50% -1.75% exceeds 50%.
As for the USD, Tuesday turned out to be rich in bullish signals. Despite this and yesterday’s growth, we do believe that the potential for its further strengthening is limited. Therefore, we will continue to look for points for its sales across the entire spectrum of the foreign exchange market, both on the intraday basis and the medium term.
China deal is likely to be signed in November so markets are optimistic about that. The confidence that by the end of this month we will see the first signed agreement is getting stronger, so safe-haven assets weaken and commodity markets grow.
Take oil, for example. OPEC sees its oil market share shrinking, Forecasts are generally negative for oil prices - the Cartel expects a significant decrease in oil demand growth in the foreseeable future. However, oil strengthened yesterday at the end of the day - expectations of progress in trade negotiations overcame fears of a surplus in the oil market. So our recommendation to buy oil on the intraday basis remains relevant.
As for the safe-haven assets, the downward pressure is increasing, and they are close to hitting the critical points, after that the further reduction in the price of gold and the Japanese yen is quite possible. On the other hand, their current prices look ideal for purchases. So today we will buy gold and the Japanese yen with small stops.
Today, in terms of macroeconomic statistics, we are waiting for statistics from the Eurozone (a lot of business activity indices, as well as retail sales data) to come out.
Ichimoku Bullish crossAs you can see this is a very bullish sign in Ichimoku strategy when Tenkan-Sen cross Kinjun-Sen from the downside. I'm a total bear but i'm telling you guys this is one of the strongest bullish sign that you can find and also i trust to Ichimoku because never lied to me! Maybe the bulls are saying hello to us! what do you think?
XZCETH TKCross @ 0.06346800 BTC 15m chart bullish signalAccoding to TK cross , it seems to be bullish .
BitCoin has concluded corrective phaseBitcoin begins to strengthen its support at $ 13,000. We note that it has completed its correction phase by breaking the levels of $ 14,000 which means that we are entering a new bullish channel for the next few days. We should not forget a small pullback that can push the price back to 14,400 which can be a good entry point. Greetings and good trade.
SPX Ready For A RallyThe SPX is on the verge of a rally inside of the consolidation mode it has been in since the beginning of June. Reversal signals at the bottom of support is a good sign that things are about the change. Only thing left is to wait and see. An attempt to reach the resistance in the chart below is looking very likely. Don't be surprised it market does go up. The signs are there already. Just make sure you know the difference between good reversal signals and bad reversal signals.
LONG - SWC - LOOKING TO BRAKE 52 WEEK HIGHPICKED UP A SIGNAL FROM MY TRADE TRIANGLES - LOOKING POSITIVE ON D/W/M
LOOK TO HAVE GROUNDED SUPPORT WITH A NICE DOUBLE BOTTOM TRENDING ABOVE 100DMA WITH RSI CROSSING ABOVE 50 GIVING US A GOOD BULLISH SIGNAL AND LAGUERRE IN POSITION LOOKS SET TO REACH NEW 52 WEEK HIGH.
PLACED AN ORDER JUST ABOVE TODAYS DAILY CLOSE AROUND PIVOT