long position on TOUMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
SX ready for a good timetechnicals look fantastic buy a easy 200% in relatively short term, and much much more if you're the patient type
ENB Stock - Long investmentENB is creating a bullish symmetrical triangle.
Breaking the upper trend and the Fibbo 0.618 @ 55 dollars (called Buying zone 1 in chart). ENB will make a 10 percent upwards bullish run ( to TP1).
There will be a small correction between TP1 and Fibbo 0.785 @ 56.89 dollars.
Then will potentially hit the 65+ zone (to TP2)
$IVN Breaking Out!According to this simple Charting I'm starting to see a BreakOUT forming. Increased volume and 'momentum' is turning up.
I would love to hear your feedback on this? $IVN.TO
Exro - Going to stop trading, but has a nice setup right now. I recently switched to a tiered account from a fixed with IBKR. The fees were never the best with EXRO even on fixed account. Now, not only can I not really take advantage of ECN rebates with EXRO, since its a Canadian stock , but ECNs rates for Canuck stocks are much less favorable. So due to trading fees not being favorable , I am taking this one off the watchlist. However, as a last publication regarding EXRO , looks like a pretty nice entry here...
ECN's if your wondering are electronic communication networks and they are basically stock purchase lineups that have varying perks , some pay you to remove liquidity and some pay you to add it , but used correctly you can save $$ on your trading ( if your broker caters to this service ) , or if your a larger trader and or trading a less liquid name , you can also use them to get a much faster fill and literally jump the line so to speak ( to do this you also would need Level 2 and to practice your ECN's with flashcards ect ect ) ...
If your into jumping the line , probably best to trade with a fixed account , personally I like to use tiered account now because I am typically trading pretty liquid names and I can usually get fills through EDGEA/BYX for my market orders and ISLAND/BATS for my limit , which have pretty good rebates vs their peers , for me atleast ....
long position on IAGMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
long position on AEMMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
long position on TOUMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
Canopy Growth Looks interesting for a bounceWEED been having a rough go.
Now looking very oversold.
A high volume of daily red candles ending with a green candle for the trading week.
Possible 15% + bounce at these levels.
About to break out?They are literally printing money. Don't be surprised to see new all time highs in the next year
EXRO, LONG ( Hybrid entry ) I am in this late , I didn't really like the signal day on the 21st of march from a risk reward perspective but I decided to hop on based on yesterdays higher close . I like the reducing selling volume and the low volume up day yesterday. That hints that the current is gone for now and we can move up more with less overhead supply , at least that's what I see . Of Course that's coming from a guy that loses 60% of the time lol, but lets see how our buddy EXRO goes ...
long position on CGMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
Bluesky Digital Assets Mega Return PotentialHello friends,
I don't use this platform anymore, but I figured for those still following me, I'd throw this out there as a friendly and helpful tidbit.
Bluesky Digital Assets focuses on the hot AI sector, and could touch 2.9 CAD as Bitcoin goes to 110-112K+ this year.
Enjoy!
Potential Crapper200 - 500 SMA moving channel trade on the daily. Target 176ish. Stop double close above recent high.
Core Assets Corp on the CSE: CCThe share price of Core Assets Corp. (CSE: $CC) experienced a strong upward trend between August 2021 and May 2022, rising from 7.5 cents to 83 cents (11-fold), whereafter a consolidation occured, reaching 23 cents most recently and last trading at 25 cents.
Double Bottom Reversal Pattern: Ready to AscendValue-Finder
This chart pattern shows a double bottom formation, where the current price has hit a low point twice before rebounding. The pattern is currently at the low point of the second bottom and is indicating a potential trend reversal. This chart pattern suggests that the asset is now preparing to ascend to a target price, making it a good idea to consider a long position. This double bottom reversal pattern can be a bullish signal and may provide an opportunity for traders and investors to enter a position with a favorable risk-reward ratio.
Possible Downside
Our trade idea is based on a double bottom formation that is currently positioned for a bullish trend reversal. Since March 2020, the price has been following an upward trend line and has bounced off this line multiple times as it continued to serve as support. However, during March 2023, the price broke below the trend line, forming the second bottom. While we anticipate a rally, we must be prepared to face headwinds as we approach previous support that has now become resistance. As such, we recommend monitoring the price closely as it approaches the $85.44 - $87.43 area and considering exiting the trade or taking early profits. This trade idea offers a favorable risk-reward ratio and the potential for significant gains.
Trade Predication
TSX:TD
Time frame: 17/March/23 - 17/May/23 (61 days)
Trade entry: $78.62
Price Target: $85.44 - 94.15%
Potential Return: 8.62% - 19.75%
Expected Target: $86.27
Expected Return: 9.73%
Expected Date: 19/April/23 (33 days)
long position on TFPMMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
Potential Sobeys to 30sThere is a chance that EMP valuation goes down to lower 30s as inflation and high prices will impact customers.
NILI LongMay be a little early as always on this one. 4HR MA's bunched up so will give it a run. Looking good on Weekly . Major target at 236. Smaller target at previous high.
long position on CGMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
HSTR LONG Heliostar is a junior mining company with a portfolio of high-grade gold projects located in Mexico and Alaska.
The company intend to focus on the development of the 100% owned Ana Paula Project located in Guerrero, Mexico. Heliostar is also working with the Mexican government to permit the San Antonio Project in Baja Sur, Mexico. The Company continues efforts to expand the resource at the Unga Gold Project in Alaska, United States of America.
The Ana Paula Project deposit contains proven and probable mineral reserves of 1,021,000 ounces of gold at 2.36 grams per tonne ("g/t") gold and 2,254,000 ounces of silver at 5.22 g/t silver.1 Ana Paula hosts measured and indicated resources of 1,461,800 ounces of gold at 2.17 g/t gold and 3,269,000 ounces of silver at 4.8 g/t silver.1 A Preliminary Feasibility Study was completed in 2017 and the asset is permitted for open-pit mining.1 The asset contains significant existing infrastructure including a portal and 412 metre long decline.
San Antonio is a high-grade oxide gold deposit containing measured and indicated mineral resources of 1,735,000 ounces of gold at 0.86 g/t gold. A Preliminary Economic Assessment for Argonaut was completed in 2012.
Unga is an advanced vein district containing the SH-1 gold deposit within a large, prospective vein field. SH-1 contains inferred minerals resources of 384,00 ounces of gold at 13.8 g/t gold.
Insiders have purchased a total of 4,493,284 shares in the last 12 months.
