Get started
A trade can be a small winner or loser, big winner or loser.In a world of 50/50 probability. flipping a coin for instance. it can go either way, a head or a tail is a game of probability. likewise. A trade can be a small winner or loser, big winner or loser. as the small winner and small losers even themselves out. how to eliminate the Big loser than you are only left with big winners The Setup - Current chart(W) is an uptrend - Long-term(M) is unclear - Price comes into the Demand Zone (DZ) which is HL of the (W) uptrend. - Good place to ENTR the LNG The Probability enhancers - Clear STP Loss below the DZ - Room for profit to run with little selling resistance The trade went as planned. I had a nice profit of over 1000 dollars when the price peaked, however my profit target was set too high & I never got to cash in. The price crashed this morning below my trailing trigger STP of 18.40 and I sold making hefty 183 dollars. but i feel good about it. I respected the rules and the market won. Looks like the price is forming a channel. I am setting at 17.50 waiting to go LNG at the bottom of the price channel
TSX:FMLong
by greatful-me
HODL on a little longer before buying more.... Just an idea of HODL's current pattern. It appears to be built on shaky foundation...still a bunch of noise about CHIA on the boards however the figures are so wildly entertaining it would be a 1 - mil long shot that Tony scored the deal the way people are talking. Currently we are bleeding based on BTC cost...how long can the soccer star keep up the appearance before he has to unload some to cover costs? I was a fan...now I'm a skeptic....still holding for an exit but not happy with the current situation.
CSE:HODL
by Honkytime
5
CGX (Cineplex Inc.) - Potential Pullback After Breaking TrendlinOn the 4-hour timeframe, CGX has recently broken below a key trendline that originated in late November, signaling potential weakness ahead. Here’s the detailed analysis: 1. Overbought Conditions: The RSI has climbed above 80, indicating overbought levels that often precede price corrections. This aligns with a bearish divergence seen in the MACD, which is starting to curve downward. 2. Support Target: If the pullback continues, I anticipate a move down to around $11.20, a level that aligns with prior support and Fibonacci retracement zones. This area could serve as a critical level to watch for potential reversal or consolidation. 3. Bearish Momentum: Moving averages on this timeframe are beginning to reflect weakening momentum, though the broader trend on the daily chart remains bullish. Key Levels to Watch: • Resistance: $12.00 (a failure to break below this might attract buyers early). • Support: $11.20 (critical for confirming the pullback and setting the stage for a potential rebound). Risk Factors: While the technicals lean bearish short-term, a return of strong buying pressure or broader market positivity could invalidate the correction and see CGX resume its upward trajectory. Let me know your thoughts—does $11.20 align with your analysis, or are you watching other levels?
TSX:CGXShort
by mdrb8exu8b