TORVF LongOn 30NOV21 Saint Jean Carbon Inc is issuing another 15 mil shares. Float is currently around 550 mil. Coincidentally, this lines up with the .618 retracement level and support line on the logarithmic chart. It could drop down to the .781 level however I will be going long a few thousand shares around Nov 20th and another few thousand in early December. Graphite is a viable future material for microchips and other technologies.
Graphene
Descending Channel for GMG?GMG has been on one hell of a ride, I've been holding this company since before the halt when it was CUSPIS Capital, unfortunately, I sold a majority position way too early once the halt was lifted after nearly 6-7 months.
It appears as though the share price is consolidating into a Descending Channel on a log scale chart and more of a falling wedge on a % gain chart, either way, GMG will need to breach the downward sloping resistance and turn it into support to negate continued bearish momentum.
If support is lost on the pattern look for support around the price ranges where I've placed horizontal red lines which display some previous areas of confluence.
The Williams Alligator is showing bearish strength at the moment, ideally, you want the lines of the Williams Alligator pointing upward which typically happens after a bullish cross, this happens when the green line crosses over the red line upward.
On the DMI there is a bearish cross where I've placed the downward pointing arrow.
In the upcoming week, the DMI looks prime for a bullish cross.
FGR is Ready to Break Out ($FGR)Interesting FGR's trading range and volume have dropped up, now coiled in a thin trading band with low volume and what looks like the calm before the storm.
32.5c is my Target for mid-april. A number of specific catalysts will get us there but perhaps the macro climate alone if the news is not forthcoming.
Definitely have a mexican standoff in this 24-26c zone. I am getting coin together to convert options to heads. Thinking the capital raise that was mentioned might of been a spooker to the market and we may have raced up on recent news if not for this, we can only speculate (lots).
First Graphene is an ASX listed Graphene Producing Material stock with Mines in Sri Lanka producing the world's most pure Vein Graphene.
$FGR
Keeping an eye or retracement levels and volumeHaydale it's experiencing a correction of 78% since it's last swing up. We observe that the volumes in this correction are not too high in comparison to the volumes in the upwards movement.
There's a high chance that the price will stop falling at the 78% retracement level and then recover it's path upwards in the following days to the next swing high which could likely be at 9.12p or above.
We doubt the price will continues to fall but if it does it will likely won't be below the 55 EMA.
Regarding the fundamentals, Haydale has released an RNS today(24th of Feb) with good news. The group has managed to remain resilient during the covid crisis and the loss of revenue is minimal(5%). Also they managed to reduce by 35% expenses and they are scaling their orders an production.
Bullish momentum for HAYDThe 1D chart for HAYD is looking really good today. We have multiple bullish signals.
- Today the price could break above the upper channel bound
- RSI indicator for 250 periods is showing >50% indicates the start of bullish momentum
- The volume indicators in the past few days were trending up
- Trading above the 55 EMA
There's a high chance that the channel could be broken if this is the case and the new support rejects the price we could be on the way to a bullish trend.
In the case the channel doesn't break and rejects we believe it will find support in the 55 EMA.
On the latest Fundamentals:
- Haydale has recently launched it's new SynerG graphene mask and is starting to fill orders for both retail and B2B customers.
THE NEW GOLD - WAITING.There is a new gold in the world. Yes - that's right! Most people don't know about it. It's lying dormant and about to take of, in my estimation.
In this chart I show - mainly for investor interest - 5 graphene stocks. Nobody seems to want them at this point in time. But what do you know about graphenes? Most people know nothing. For total transparency, I have no pecuniary interests or investments in these companies (as yet). In keeping with the house rules I am promoting none of these highlighted. This post is largely educational.
Well, for electric bikes and cars, to aeroplanes that are on the horizon - graphene, a super-powerful and versatile material, is about to rise in demand. If you're a serious investor, you'll be jumping on the net to search the several uses of graphenes and technology developments.
Let's step back a bit. In the midst of the COVID crisis, we saw the rise of tech, biotech and game industries. So think - what's gonna happen after COVID? The world is already moving swiftly away from petroleum based energy sources into renewable energies and the rise of 'electricity'. All this is likely to accelerate. Do that research.
A few new developments are:
1 - Graphene batteries
2 - Graphene super-capacitors that will enhance current Lithium batteries, prolonging their life by up to 4 times.
3 - A new range of graphene conductors.
4 - Super-strong materials made from graphenes.
There are dozens and dozens of graphene stocks lying dormant at this time. My job here is not to make any recommendations or give advice. I'm only raising awareness.
Once COVID is either conquered or controlled, investments into uses of graphene are expected to rocket.
As you can see in the recent price fluctuations, interest is beginning to bubble in these stocks.
Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FGR - POSITIVE NEWS INBOUND?First Graphene Limited - Currently in a trading halt, and coming into the new week with positive news could see them break this descending triangle and break the 12 month downtrend.
1. More positive news out of the trading halt will see buyer momentum and volume return to the market.
-Increased Volume & Momentum
-Double Bottom off .382 Fibs (Strong reversal)
-Break Descending Triangle & Test Descending Broadening Wedge
-MACD close to a Golden Cross
-Potential 20% push pending break Broadening Wedge
2. News isn't enough. Sellers continue the squeeze into the corner and push price below strong support a 0.12
-Descending Triangle completed
-MACD spreads without cross
-Continuation of Broadening Wedge confirms
-RSI will return to OverSold region
-Fall would see a reduction of 30% before Support found
With a mission to be the No.1 High Performance Graphene Provider in the World. FGR is on there way with many alliances in many sectors. Graphene is the thinnest material ever isolated, 200x stronger than steel, 20% flexible and 1 million times more conductive than Copper. EYES ON
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
Will test the channel's resistance soonFor some time Haydale it's being moving within a channel. There were a few vague attempts to break it upwards but they didn't succeed yet.
Multiple positive RNS came out recently and one of the most significant ones is the partnership and exclusivity agreements for the Chinese and Taiwanese markets for aerospace related products and also an agreement with the UK's NHS to start building clinical mask impregnated with Haydales HDPlas graphene technology which is capable of creating a product with more efficiency than the famous N95 mask.
On the topic of Covid 19, the experts say that the vius is 0.02 microns wide while the best mask in the market at the moment(N95-FPP3) can filter particles as small as 0.06 but not smaller.
So there's a huge potential if Haydales prototype is successful.
Evolution into channelWhat in December we thought was an end of the down trend, during January and February progressed into a downwards channel.
We hope that this channel is not strong enough and that the price will manage to break it upwards. There was already an attempt a couple of days ago.
On the fundamentals side:
- They managed to control expenses
- New exciting contracts arrived
- Institutional investors increased holdings
- High interest/volatility during last month
We believe that more RNS will arrive in the following days and that the price will manage to exit the downwards channel in the short term.
(ASX:WKT) Walkabout Resources Forecast"Walkabout Resources Limited (ASX:WKT) is an innovative African focused energy minerals developer, based in Western Australia with a focus on developing. the Lindi Jumbo Graphite Project in south east Tanzania"
ASX:WKT
Overall Analysis:
Strong fundamentals.
Long term hold despite short/mid term price action.
Probable descending triangle being formed.
If confirmed: 72.93% chance it will breakout to the trend (Bearish).
If confirmed: Wouldn't surprise me if a positive announcement was released before the breakout to manipulate it to the upside.
Day Trade:
Target: 26.5c (40% increase) @ Late Feb/Early March
Target analysis:
Resistance @ Weekly 50MA
Likely Descending Triangle - Resistance (Upper Red Line)
Previous Support @ 25.5c (Green Dotted Line)
High Volume Area 25.5c - 27c
FIB Retracement = Golden Pocket (0.5 - 0.618)
Support @ Current Price
Support Analysis:
Multiple Weekly Close above 100MA (Orange Line)
Descending Triangle Support (Bottom Green Line)
Previous Resistance 2018 @ 15c - 17.5c
Stoch RSI Oversold
Daily MacD Cross
Declining Volume
Note: Bearish Pennant on lower time frame (Dotted Pink Triangle)
Standard pattern breakouts suggest pennant breakout will follow the trend (Bearish) at a 55.19% percent probability.
Support currently outweighs the standard pattern breakout expectation.
Descending Triangle likely .
If price breaks 100ma expect to see 12 - 14c (Support on 200MA) = descending triangle invalidated?.
FGR First Graphene - a penny stock? not for longgood opportunity here on this small stock.
We are in a solid bull trend since it was listed. the moves are getting bigger and I believe we may start a megaphone pattern as shown in blue.
From the weekly trend line we are respecting the lower line well. we have made a test of this line on the 24th of december the same area as the 61.8 from the last 400% move and a strong support area. MACD has crossed on daily and RSI is in a good place with lots of room on both of these indicators to the upside.
The up/down cycles have been around 250days for each of the previous moves. I put a target of 200% in the next cycle from here on this. but it could be much higher as the megaphone pattern is widening on each range of the last two peaks.
Inverted scale full reversal - Haydale GrapheneProvided this company, Haydale Graphene(HAYD), move out of research and start-up phase into profitability and sustainability, they could see a full reversal to breaking their IPO price.
TA used:
Powers of Two
Wave Theory
Gap Theory
Niche market: Graphene, an invention to application product.
RISK - Speculative, possibility of complete capital loss (up to 100%).
Failure Scenario - Haydale Graphene dissolve operations as they couldn't find a product or become profitable.
This is not advice nor a recommendation.
Ascending triangle could be forming after an all time lowHaydale recently had some results published and seems that fundamental good news have managed to stop the downtrend.
Will this reversal start trending? We don't know yet but we will be keeping an eye in the following days and weeks since a bright feature can be awaiting behind the corner for this company.
To read the latest report from hardmanandco just google for "hardmanandco report haydale"
HAYD - Bouncing from bottomHistoric bottom reached recently, currently climbing a bit shy but steady. EMA indicators cross, signalling potential start of bullish trend.
Also worth mention that there were positive news for Haydale in the last couple of weeks. They did sign an important deal with National Grid.
I think this a good entry for long position.
RSI bullish divergence - long downtrend -big risk 55-70% rewardMassive volume after placing as many ramp over twitter so high risk here but I still see RSI bullish divergence & possibly a trade here
Possibly not a stock for long term, company lost over 90% value over time, Mr. Keith Broadbent has no experience as a CEO, He used to work as a Commercial Site Director at an Electronic company and before that working on motoryachts, now stepped up to CEO from previously working as COO.
BoD doesn't hold many shares in the company.
Long downtrend stock & high risk - placing brought further interest & many are bought on placing so beware of special interest behind.
I would say short term trade but slice on spikes/rise - for long term best to see a proper trend reversal confirmation.
Possible target 3.59p on last support becoming resistance - & 20ma touch.
Better option for longer term - Versarien - VRS (don't hold shares - non biased)
Neutral / resistance 11.66p / bullish divergence / no supportA risky trade but if RSI breaks we could lead back to resistance at 11.66p
No 100% confirmation on a bounce coming as of yet but bullish divergence looks good for now.
Bear in mind bullish divergence can happen a few times on the way down.
Weekly t-line cross with 20ma upwards could well start to become bullish so keep an eye here
and the beast as spoken - potential areas of support - grapheneBest Graphene UK company I had the experience to follow.
Always liked the company and if trend is kept this is where I see the support levels.
Placing will obviously have an impact this monday and for a little while we might go sideways till further news on this deal which might be amazing.
Bitshares (BTS): the beginning of the new bullish cycleHi guys, maybe many of you dont know much about Bitshares, which is rare because Bitshares is the Descetralized exchange of Cryptos (The DEX) developed early in 2014 with the Graphene Technology by the same creator of Graphene. Bitshares is an exchange that can be downloaded as a wallet, yes an exchange and at the same time it is a wallet, what means your funds are safe always and wont have the problems of scammers or hackers that common exchanges face, you can trade there too. The DEX has an exclusive portfolio of assets like Zephyr (Bitspark project), BitUSD, BitCNY, BitRUBLE, Stealth, Hero and OpenLedger, this last one is the gateway used by The DEX to make external transactions. The community alone in telegram has more than 5k members plus another telegram channel to traders, apart of the core's channels at Github, Bitsharestalk, Steemit (part of the Bitshares family). We have a weekly report called "State od the Network". This is maybe the oldest and at the same time the only active and seriuos community that has keept connected despite the years. Bitshares has already developed three exchanges: The main DEX, the Russian "RUDEX" and the Thai "Bitshares Thailand".
We have one of the best staff of developers, they are too much active, so much that Bitshares is about to release some good news, some of them about code performance, new GUI, and the expansion of the Bitshares by listing it on other known exchanges, also new projects possibly with EOS and the new tool to send 100% anon transactions by Stealth (0 tracing) coming soon.
About technology: Median confirmation time=1.5 secs, Transaction rate capacity=100.000 tx/sec, Max transactions per day=8,600 million, Median transaction cost=$0.02~$0.003, Daily transaction record=920k, Custom tokens, Trustless stable coins, easy to read addresses, Blockchain length in blocks=20million
Clearly Bitshares is not a pump and dump token, it is a conglomerate of projects.
TA: Bitshares broke up the 50% RSI this week after almost 5 months being below it, the accumulation phase shows a strong support. It is probable this time the bullish cycle is more steady. Target: $0.5, $1 or higher, even some analysts are talking about $350 if Bitshares reaches the marketcap it needs the next months.
Good luck with your picks