LWLWith the existing indication of a bullish divergence on the RSI, a breakout of the stock price above the descending trendline resistance at 50 would signal a bullish reversal. Traders may consider setting their stop-loss below 47.50.
Cse
ALUMBased on the breakout of the Falling Wedge pattern, ALUM shows indications of a bullish continuation with a potential progression towards FIB retracement levels of 0.5 and 0.618 once current resistance level of 7.30 is broken.
SUNBased on the breakout of the Symmetrical Triangle pattern, SUN shows indications of a bullish continuation with a potential progression towards FIB retracement levels of 0.5 and 0.618. If necessary, a target price of 45.5 can be considered in accordance with the pattern.
CFVFShould check the behavior of price movement cautiously since RSI is at trendline resistance and price at ascending trendline resistance.
A close above resistance level of 41 will indicate a bullish continuation while a close below support level of 31 may indicate a bearish revisal.
Disclaimer: Please conduct your own research before making any investment decisions and note that this is not investment advice.
FCTFCT has formed a Symmetrical Triangle with a hidden bullish divergence on RSI. Inverted Head & Shoulder pattern too could be in the formation.
A close above descending trendline resistance generally indicate a bullish continuation while a close below long-term ascending trendline support generally indicating a bearish reversal.
Disclaimer: Please conduct your own research before making any investment decisions and note that this is not investment advice.
VEGA.CN Pulls Away from Plant-Based PeersNotwithstanding the broader downturn in both global markets and the plant-based sector, PlantX (CSE: VEGA) has been steadily tracking gains over recent weeks that leave the stock +100% over the past month as of 10:30AM Monday June 13th. Both today and Friday VEGA volume was >1M, i.e. an order of magnitude above its avg 3mo volume. From what I can see, two major catalysts may be behind this dramatic jump in SP:
-Last week the Future Markets Research Tank released an equity research report that focused in on PlantX in a broader comparison with its sectoral peers. The day following the release saw a significant jump in volume, indicating that the equity research may have exerted a strongly bullish influence on retail and institutional plant-based investor alike, in particular as liquidity contracts and investors are searching for safer plays to hedge risk to the extent possible in today's bear market.
-Today PlantX released revenue metrics for last month which are overwhelmingly positive. In May the company generated $1.5M CAD in revenue. Quoting directly from the PR, "PlantX's gross revenue for May 2022 increased by $823,842 compared to May 2021, when the Company achieved gross revenue of $717,944 net of wholesale revenue, representing year-over-year gross revenue growth of approximately 115%." Not too shabby, especially given the contraction of consumer spending power amidst sky-high inflation and worsening macro-economic conditions.
We'll see how global markets perform this week and what VEGA's trajectory forward will look like, but its safe to say that PlantX has been leading the sector in recent weeks in terms of price action gains and emerging profitibility. MACD poked its head across the x-axis today for a bullish breakthrough, and I personally am feeling optimistic.
PlantX (CSE: VEGA)(OTCQB: PLTXF) Undergoes A Bullish BounceAfter tracking a multi-week downtrend amidst notable levels of background volatility both on the CSE and global exchanges as a whole, PlantX is riding upwards on a burst of bullish investor sentiment. VEGA.CN is trading +66% and PLTXF +45% since market open 5/19. While the plant-based sector as a whole has seen gains in recent days, PlantX's double digit gains outpace the competition by a significant factor (see VEGN, CSE Comp Index, and TTCF for examples of sectoral peer performance). VEGA.CN has likewise seen a surge in trade volume, as reflected in the PVT below and testifying to an uptick in investor engagement. Meanwhile, momentum indicators from the MACD point to the initiation of a bullish reversal. While a technical pullback is to be expected after such rapid gains, PlantX's share price gains in the past week are a sign that the market is responding positively to robust MoM revenue growth and an aggressive M&A strategy that is quickly transforming the company into a plant-based ecommerce giant serving an international consumer base.
North Peak Resources (USA: $BTLLF) Continues To Gain Momentum ⛏️North Peak Resources Ltd. engages in the exploration and development of gold properties in Canada and the United States. It has an option to acquire 100% interest in the Kenogami Lake project that consists of twenty-seven mineral claims covering approximately 500.3 hectares located to the southwest of Kirkland Lake, Ontario; and the Black Horse property consisting of 2,733 acres located within the Snake Range, Eastern White Pine County, Nevada. The company was formerly known as Interbit Ltd. and changed its name to North Peak Resources Ltd. in June 2020. North Peak Resources Ltd. is based in Calgary, Canada.
Trading OEE Volatility! IF you haven't been using the volatility to your advantage you've been missing out. This is a great stock to trade in 0.0025-0.005 increments! So I would call in to trade and place orders at 0.0275 then enter sell at 0.03 or buy at 0.025 then sell at 0.0275. IF you have enough funds, the fee of calling to place the trade is worth it! A great little money maker!
Happy Trading!
Strong Buy Now: The best setup digital AI company on the CSEBoy, I scan companies for a living and although this ones balance sheet (as I write this) may not be the best pick for VALUE today, it is certainly setup well for an earnings surprise going into Q2. The CEO has said they have realized over $1.5M USD of top line revenue with an entire MONTH left in the quarter.
Not to mention - he even said he fully expects to see $15M annually in the near to medium term. They closed HUGE contracts - one of which is for 50k retail locations and even have partnered with Intel; their own app RADAR is on Intel's DOMAIN . That is huge material news that's stayed under the radar on the *little volume* CSE.
This is my number 1 pick right now; this one will turn a lot of heads super quick. Also the chart is setup nicely for a long. Trade it, hold it, long term hold it whatever you chose to do just BUY it.
$NCI (TSXV) Technical Chart and Fundamental CommentsChart speaks for itself literally; check the text. Please visit the #NCI channel on CEO.ca and search for my username #woodywoodland then check posting history to find more extensive DD. Currently working on a large scale, professional write up for dissemination on Monday. This is a turnaround story at a very important inflection point.
$MCURF $MCUR Mind Cure Health Inc Daily chart showing a falling wedge with a double bottom. A must add to your watch list for a breakout!
$LMLLF / $BUZZ Cup and HandleRetest for this cup and handle breakout is at .145 and will see some solid gains. Retrace has been consolidating and will break fast and hard.
$LMLLF / $BUZZ Ascending ChannelBuy the break out of .145 and its running. Amazing volume today and continues to rise.
Enjoy the ride up!
$LMLLF $BUZZ Buy The BreakoutThe trend is your friend. Been consolidating with volume. Solid potential gains on this chart. Buy the break out!
#otc #tsx #cse #otcmarkets #ascendingchannel #stocksignal
$FLYY Golden Cross Alert Golden Cross Alert
Volume will move in and price will go parabolic
#CSE #TSX #roundingbottom #goldencross #stocktowatch #stocksignal
$FLYY Rounding bottomJust look at that volume the past few days.....Going to break out. Patience!
#cse #volume #roundingbottom #uptrending
$MCURF $MCUR Mind Cure Health Inc #Breakout$MCURF MCUR has broken out.
How excited are you??
Please click the like button if you like what you see on the chart
$FLYY Golden Cross Incoming Super bullish #Goldencross playing out on the 4 hour chart
Exciting times ahead
$MCURF $MCUR Falling Wedge BreakoutCount down is on for a break out to the upside!
Do you have a position?
Please click a like if you are ready for profits
$FLYY UpdateThat a beautiful chart in play! #cup in the making. Emotions aside....Follow the chart. 50 day is about to cross the 100 day moving average. VERY #Bullish
Junior Fintech play listed on CSE as PKK, or OTC as PKKFFThis green ascending line could be support support.
If holds this green line after earnings
around Nov 26, 2020 then start buying a small
position.
The potential head-and-shoulders mark-up reminds us that this penny stock is very risky and should be traded carefully.
However, I'm overall LONG.
-All the best,
Carmando
The Very Good Food Company looking like a very good deal.I believe $very is going to catch a nice pump from:
1. Fundamentals side being a new listing on the $cse and a possible bull flag forming as we having a ceiling and buying pressure is getting closer.
2.Healthy foods and plant based meat craze that has been slowly changing the world. One prime example is $bynd and its beautiful run. By no means am i saying we are getting the same amount of gains but I predict this will give a beautiful upside.
Description:
-We have a team of 4 scientists in Vancouver working on developing innovative new plant-based products and continuously improving the taste and texture of our product line.
-We’ve built out a manufacturing facility in Victoria, B.C. where all of our product is made and are in the process of building a larger location in Vancouver, B.C.
-We opened the first plant-based Butcher Shop on the west coast of Canada and had over 1,000 guests show up for launch! Our Very Good plant-based meats can also be found on the shelves of over 150 retailers and restaurants.
