15% rise in HIVE?!We have seen over the last few days that bulls have won and the trend has reversed. I expect a steep uptrend for HIVE, expecting it to reach about 3.60-3.80.
Canadastock
Strong Trend Reversal in CEU!1. Two bullish hammers signalling reversal. Lower prices were tested.
2. Stochastic is turning up.
3. Market may trend upwards for a good duration.
Sherritt International Time CyclesLet this help guide your trades, and show the importance to time cycles when trading.
Green H lines show a consistent low point in November.
Purple H lines show a consistent high point in late April - early May.
Orange H lines show a consistent high point in mid to late December.
Now that we have established these cycles, my strategy is to find the bottom of this downward movement, buy, and hold until early - mid April when we should see a nice spike up according to the chart.
OGC Reversal after a long downtrend, great buying opportunityThe last few trading days show that this is a good buying opportunity and stock has probably reversed.
Stochastic shows it climbing up from an oversold position and MACD histograms show that the market is trending positively.
I believe OGC could rise up to its previously long held position of $3.45-3.50.
I am placing a stop loss at $3.00, to give myself about 2% breathing space as the stock has been in a downtrend for a long time and the bulls may need some time to gain momentum.
HBM Bouncing off a support level-Target $10.40HBM has bounced off a long held support level. Last few trading days tested lower prices but the bulls won.
MACD and Stochastic show growing momentum and it returning from the oversold zone.
Even if HBM is simply in its trading range, we have an opportunity to buy in so that we can make a sweet 12% if it makes its way to its resistance level at $10.40.
In my opinion, it could possible break past its resistance level.
Reversing and making its way back up to $37KEY has had higher lows each of the past three trading days. It has also test prices at the lower bollinger band level. Price action shows a rising bull market.
Lots of momentum and the bulls have definitely taken over. I expect it to rise to at least $37.
Trend Reversal in SMF, expecting it to rise at least 9%Bulls are taking over.
Indicated by the strong bullish hammer and stochastic turning from the oversold area.
Added in MACD to further enforce the arising bullish trend.
Shows signs of being a good growth stock but definitely worth swing trading over the next two weeks.
Reversal Trading Strategy, THCX:TSXV -minimum 7% growth expectedReversal Strategy Based on:
1. Price touches or goes below the bollinger band.
2. Stock is trading near or in the oversold region according to the stochastic oscillator.
3. Price formed a bullish hammer and on the following trading day, price did not reach that low.
To reaffirm my strategy, I put in RSI and ADX(with DI+ and DI-) to show that momentum is growing and will trend upwards.
I bought in at 2.50, however it isn't too late to buy. I expect the price to reach 2.84 (it might go even further).
Furthermore, the company is a big player in marijuana and an industry which has seen and will see more growth.
Potential of Breaking Resistance, should reach at least 3.30Kept it simple with this analysis.
Last few candles for AZ were bullish, and we saw it pop up on Friday.
I am confident it will at least get to 3.30, its resistance level. RSI indicates bulls gaining momentum.
However, I also feel like it might break past its resistance level this time as it has reversed at its lower bollinger band with a strong bullish signal twice now.
OWCP DAILY REVIEW Israeli-based research company engaged in the development of cannabinoid-based therapies; I am hoping its at its bottom and nowhere to go but up...
