$LODE are you ready? 🏃Hi there, Yurii Domaranskyi here.
Risk vs Reward = 1 to 60.33 ✨
It means if you risk here 100$ you may make 6033$ Not bad, huh?
Comstock
CHCI Easy 20% Gain and Hedge Against InflationCompany Profile
Sector: Real Estate
Industry: Real Estate Management & Development
Company Location: Reston, VA
Comstock Holding Companies, Inc. develops, operates, and manages properties in the greater Washington, D.C. metropolitan area. The company operates through two segments, Asset Management and Real Estate Services. The Asset Management segment provides management services to a range of real estate owners and businesses that include various commercial real estate uses, including apartments, hotels, office buildings, commercial garages, leased lands, retail stores, mixed-use developments, and urban transit-oriented developments. The Real Estate Services segment provides a range of real estate services in the areas of strategic corporate planning, capital markets, brokerage services, and environmental and design-based services in the Mid-Atlantic Region. Its environmental services group offers consulting and engineering services, environmental studies, remediation services and site-specific solutions for projects. The company was formerly known as Comstock Homebuilding Companies, Inc. and changed its name to Comstock Holding Companies, Inc. in June 2012. Comstock Holding Companies, Inc. was founded in 1985 and is headquartered in Reston, Virginia.
First Target: $5.42
Second Target: $5.67
Third Target: $6.03
Fourth Target: $6.48
Stop Loss: $5.13
LODEComstock Mining Inc (NYSEAMERICAN:LODE) remains one to watch. I think this stock will explode if positive news hits the wires. Investors are waiting for some kind of partnership with Tesla in Nevada (LiNiCo is located next to the Tesla gigafactory). From a technical standpoint, it is showing signs of bottoming out on the charts along with the MACD giving positive signals
New momentum for CRK. Potential 48% gain in 43 days.NYSE:CRK is showing signs of a new momentum upwards. On the weekly, we see higher and higher lows of RSI since May 2019. On the daily, we see a green 2 above a green 1 on the TI Sequential indicator.
Six major reversals since June 2015. Judging from the timing of previous swings, I suspect this swing will take 43 days and reach a high of $7. That's 48% gain.
However, there is a major resistance line just above (descending black trend line in the chart). This line has contributed to six major reversals since June 2015. So it has quite some history. There is a high probability that this line stops the new bullish momentum. So we move our stop loss higher just in case it does. Stop loss will start from below the swing low. So that's at $4.17. We will be moving it up as we go along, to the bottom of every complete clean green candle that prints on the daily.
If price passes this major resistance, we look forward to the next target at $7 and the one after that at $8.60. But all in good time :)
First Higher High Since 2011. (LODE)I will be trying to get a fill around 65 cents as that is the high of the previous impulse in this massive downward channel.
As of now it looks as it could be a double bottom with strong buys from the 30 cents range.
I am attacking at the top of the channel and this can be a risky move. Comstock announced positive income for second quarter which is a bonus.
If broke 65 cents than I would look to play at the lows around 30 cents for a long term hold.
A breakout of this channel would be a strong sign.
