DMG Blockchain SolutionsTo be honest, I have not traded stocks for a long time. I started my trading journey in stocks and quickly moved into US Penny stocks. It was similar to the crypto landscape we see today.
DMG Blockchain Solutions Inc.
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company. It operates through data centre operations, data analytics and forensics, and developing enterprise Blockchains divisions. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It is also involved in developing enterprise blockchains; and providing hosting services for industrial mining clients. The company also provides technical expertise software products, such as blockseer pool, mine manager software, and walletscore, as well as consultation services to accounting firms, law firms, and law enforcement organizations. The company was incorporated in 2011 and is headquartered in Grand Forks, Canada.
Sector(s): Technology
Industry: Software—Application
DMG Blockchain Solutions Announces Strategic Investment in Crypto Custodian Brane Capital - some of the latest news.
"DMG’s strategic investment in Brane will accelerate the market traction of both companies and facilitate cooperation on development of advanced blockchain technologies, as well as continued progress toward leadership in environmental sustainability. The relationship between the companies will not affect Brane’s independence as a custodian, which Brane maintains through strict separation from any cryptocurrency trading operations.
Brane currently offers a crypto asset self-custody technology solution for IIROC-regulated securities dealers and is working toward becoming Canada’s first qualified custodian for digital assets. Brane’s leadership team includes experienced executives from finance, technology, and government, including former Bank of New York Mellon Canada CEO Jerome Dwight as President, and Charlie Millar, former Vice President of Content Acquisition at Rogers Communications, as Chief Revenue Officer."
This fits nicely with the weekly stochastic situation;
An interesting stock to keep an eye on, over the next couple of weeks.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Pennystocks
What is it that's stopping you from becoming a better trader?In this video, I touch more on emotions and how an "average trader" approaches the markets.
I believe that we as traders get the wrong impression on how to read a chart. I feel that most traders have a strong tendency to make trading more complicated than it needs to be.
I've traded with so many strategies out there and I always tried to search for the next best thing. But the one thing that I made complicated was figuring out how to park my cash and let it work for me by following the right side of the trend.
The market is nothing more than buyers and sellers and our job is simple... Make sure to be on the winning team. One of the most common things told in the educational side of the markets is,
"The trend is your friend." - (THE MOST VALUABLE GOLDEN NUGGET")
I strongly believe that we focus on an exact price entry combined with so many other trading routines and in the long run, it just makes trading complicated for most.
You need to stay patient and let the trends play out. Filter out the noise, Take a break and let the bigger picture unfold. The confirmation will come when it is ready.
Don't put a price on it.
Don't put a time on it.
Just let the market breathe and take what it gives you.
Take care,
$AVGR can rise in the next daysContextual immersion trading strategy idea.
Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and Europe.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1.39;
stop-loss — $1.18.
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!
$IFBD can rise in the next daysContextual immersion trading strategy idea.
Infobird Co., Ltd operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5.07;
stop-loss — $3.87.
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!
$GBS can rise in the next daysContextual immersion trading strategy idea.
GBS Inc. operates as a biosensor diagnostic technology company.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4.98;
stop-loss — $4.13.
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!
$ITRM can rise in the next daysContextual immersion trading strategy idea.
Iterum Therapeutics plc, a clinical-stage pharmaceutical company, engages in developing anti-infectives for multi-drug resistant pathogens in Ireland and the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2.37;
stop-loss — $2.10.
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!
$DARE can rise in the next daysContextual immersion trading strategy idea.
Dare Bioscience, Inc., a clinical-stage biopharmaceutical company, focuses on developing and marketing products for women's health in the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1.68;
stop-loss — $1.53.
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!
$TRCH can rise in the next daysContextual immersion trading strategy idea.
Torchlight Energy Resources, Inc., through its subsidiaries, engages in the acquisition, exploration, exploitation, and/or development of oil and natural gas properties in the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5.99;
stop-loss — $4.91.
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!
$APTX can rise in the next daysContextual immersion trading strategy idea.
Aptinyx Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel, proprietary, and synthetic small molecules for the treatment of brain and nervous system disorders.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3.21;
stop-loss — $2.76.
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!
$DOGZ can rise in the next daysContextual immersion trading strategy idea.
Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1.99;
stop-loss — $1.78.
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!
PT $0.08 Long Term $1ALYI Current Price $0.06 Price Target $0.08 - Long term still think we head to $1 this is just the current range we are in
ALYI is up 75% today. I'm not really trading ALYI I'm a huge believer in this stock long term. We bounced on a key support level and at the same time today ALYI announced completing a scheduled review of its electric motorcycle development program with MODUS Applied Innovations. I think we should continue to move higher as we wait for July deliveries. 10x avg volume (finance.yahoo.com).
GROW Pennant BreakoutBreakout from pennant that has formed over the last two months. Ichimoku cross below cloud and MACD cross help confirm breakout. Resistance 0.33, price target 0.5, stop loss 0.275. Company has been gaining traction with more signed contracts, most recent sale today to a Canadian cannabis cultivator.
Support/Resistance EBON & InflationIt's been said Bitcoin could be a hedge for inflation..... digital gold...Whatever the case, crypto stocks and miners could be something to keep in mind. EBON has gotten beaten up pretty good and is back at the historic support/resistance level. IF the inflation speculation is accurate, it'll be interesting to see if the stock can firmly break back above this level.
"Ebang is considered a relatively pure-play cryptocurrency stock as hot produces circuit chips and crypto mining machines in China. Both of these items are in high demand right now, coupled with a major shortage. Because of this, many investors are bullish on the future of the tech industry, and specifically with crypto mining companies like EBON stock. With this in mind, is EBON worth adding to your list of penny stocks to watch?"
Quote Source: Best Penny Stocks to Buy Ahead Of Inflation? 3 To Watch Right Now
Is this just a Fib or is SLGG gonna finally make a move?Obvious play on words but clearly SLGG is testing that same resistance that lines up with the fib line itself. Esports conversations are beginning again. I'm wondering if this will be another cycle for these stocks.
"Shares of SLGG stock have steadily climbed over the last month. In fact, between May 14th and June 14th, Super League’s share price has jumped from around $4 to just under $6 this week. One of the things that helped supercharge Super League was a bullish analyst rating from HC Wainwright last month. The firm started coverage on SLGG stock with a Buy rating and a $6 price target. As the penny stock approaches that target price, it looks like traders remain bullish on the company. A few weeks ago, Super League announced the acquisition of Mobcrush. According to the company, this helped establish one of the largest “verifiable and addressable audiences of passionate gamers in the US.” Mobcrush operates a live streaming tech platform, which boasts a roster of gaming influencers and more than 4.5 billion accumulated fans * subscribers across social media sites."
Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth