Canada
$OGI can rise in the next daysContextual immersion trading strategy idea.
OrganiGram Holdings Inc., through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada.
The share price rose after the company announced that it has entered into a multi-year agreement for supply of dried flower to one of Israel’s largest and most established medical cannabis producers, Canndoc Ltd. ("Canndoc"), a subsidiary of InterCure Ltd. (TASE: INCR/INCR.TA).
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,04;
stop-loss — $1,92.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
ridethepig | Breakout in Canadian 10Y YieldsWe are going to intentionally cycle through many Yield chart updates, which will be rolled out over the next few days. The game of currency speculation must include Yield analysis to have a compromising effect.
It is evident that the exchange in control at the 0.48x lows has lead to a change in momentum. Buyers have forced the technical break and negated the current downtrend, this is a loud warning sign that sellers need to start treading more skilfully. The directional change means buyers must now advance towards 0.85x and 1.07x and absorb the remaining pressure. Gaining tempo with the breakout cannot be dismissed with a quick shrug of the shoulders either!!
Buyers have shown courage, intentionally forming a basing pattern at the 0.48x lows and have completely outplayed late sellers. Look to target 0.85x and 1.07x for the second half of 2020. Depending on the handling of the recovery we can explode to the topside here and unlock 1.325 and 1.844. We can come back to this idea when our wheat blooms.
Good luck and thanks as usual for keeping the support coming with likes, comments, charts, questions and etc!
CA10Y: Next target is 0.8, can it rally?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the bonds market for Canada, especially for its government been quite bullish recently. The last close was at +7.07%. Although, some resistance seems to be on its way, I think the next target in price to look for milestone-wise would be at $0.8. Afterwards, one could then look at it carefully and see if it worth a long hold, risk mitigation, or reinvesting. Again, just my opinion.
Dream Office REIT - opportunities for 20% gains aheadDream Office REIT is tracing the early stages of wave ( C), a move that should complete primary wave 2 counter-trend rally. The most probable target is at 24.80. If price crosses down 20.20 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
USDCAD - watch for correction up, probable target 1.407 - 1.426As predicted in our April 22 post, the pair changed direction and corrected to the current levels. USDCAD is tracing wave C of a triangle that initiated in 2016. This wave is also subdivided in 3 waves (ABC). It now seems to have finished wave A down and it is starting wave B up. The most probable range for the correction is between 1.407 and 1.426. If price crosses dow 1.333 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GETUPDATES.
$TLRY can rise in the next daysContextual immersion trading strategy idea.
Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $10,29;
stop-loss — $8,90.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
CAD POLOZ SPEECH TODAY MAY 25TH - NZDCAD POSSIBLE BULLISH MOVEFX:NZDCAD
AS WE ENTER THE LAST WEEK OF THE MONTH
WE'VE SEEN BULLISH ACTION ACROSS NZD AND AUD BASED PAIRS
POSSIBLE CONTINUATION WHILE WE ALSO COULD SEE FUTHER DOWNSIDE
PRESSURE IN OIL OR CAD ITSELF DUE TO THE STATE OF THE ECONOMY
AND PRINTING OF $$$$. HOLD ONTO YOUR HORSES, IT'S ONLY MONDAY TRADERS!
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