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Watching BNS for buy confirmationWatching BNS for buy confirmation Waiting is the hardest part. You need patience for most of the best trades. I've been watching this setup for the Bank of Nova Scotia as solid technical elements are lining up. 1D Heiken ashi chart reversal in play ● Doji formed at the bottom of the last downswing ● Positive momentum of both RSI and MACD indicators ● Strong bounce off 200 EMA(Black) and 0.618 Golden ratio Fibonacci level (Dashed yellow) But, i'm waiting for confirmation to open a large swing trade ● Waiting for the 20 EMA (Green) to turn postitive
TSX:BNSLong
by HolleyIG
1
Bullish Flag for TNY?Or, will we see a sharp decline due to a hole in the wall front running leaked financials that are dismaying? And maybe even a good ol Tinley fashioned PP below the trading price to compliment the short-selling pressure of TNYBF and bearish sentiment. I have placed green arrows on the chart to signify fake-outs of the Macro Descending channel and Micro Bull flag or Descending triangle, to be determined in due time. It's possible Tinley is currently in the process of another fake-out in real-time, the CM_ Williams Vix is flashing green, this normally happens before bullish price action. But the sp is currently declining. If Tinley breaks above the 200 DMA and consolidates above the micro-pattern it's a very bullish signal, trade accordingly. Possibly a W Double bottom has occurred, only time will tell if TNY creates another higher low. glta
TLong
by ScotianBot
AVN.V -- Bull Flag breakout on Helium Discovery newsAVANTI ENERGY CONFIRMS MAJOR HELIUM DISCOVERY CALGARY, AB,, April 13, 2022 /CNW/ - Avanti Energy Inc. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company") is pleased to announce that it has finished completions on the Flathead Cambrian Zone on its WNG 11-22 Helium well in Greater Knappen, Montana, the first of three prospective zones. Completions and testing of the WNG 11-22 well's two Souris River zones, up-hole from the Cambrian, is on-going and the Company expects to publish results in the coming weeks. The Company completed an acidization and clean-up process of the Flathead Cambrian zone, after which the well peaked at over 4 mmscf/d for six days on a choke at a flowing pressure of 350 psig. "The testing results of the WNG 11-22 well's Flathead Cambrian zone is further evidence of the potential of Avanti's Greater Knappen property," commented Chris Bakker, Avanti CEO. "To have these results from only our second well is an incredible outcome and testament to the quality of our entire team." Avanti has contracted IHSMarkit to analyze the flow and build-up test, and McDaniel & Associates to evaluate the reservoir's resource potential. Preliminary lab results show the gas composition of the Cambrian Zone to be, 97.5 % Nitrogen, 1.1 % Helium, 1.1% Methane, 0.3% Co2, and trace amounts of other hydrocarbons. With the primary gas being Nitrogen the Company is thrilled to have discovered a green helium play, as Nitrogen is not a Green House Gas it can be safely vented into the atmosphere with no environmental impacts. Based on these results, the Company is pursuing a facility design based on an inlet production rate of 5 mmcf/d of raw gas, resulting in an estimated 55Mcf/d of net helium. A review of publicly available data shows the first and second most productive helium wells in Canada are producing at ~60Mcf/d and ~50.6Mcf/d, respectively1. "With the Amur plant in Russia remaining offline for the foreseeable future and the suspension of production at the US government (BLM) plant in Amarillo, TX, the broader helium market continues to show incredibly favourable conditions," continued Mr. Bakker. "With wholesale prices exceeding US$600/mcf and retail prices as high as US$2,000/mcf our focus is shifting to facilities engineering and commercial agreements with a goal of realizing cashflow as quicky as possible." The Company has tendered an RFP to several engineering firms to proceed with facilities design with the goal of bringing the WNG 11-22 well into production as quickly as possible, and proceeding with drilling plans for appraisal wells to determine the size of the reservoir on the WNG 11-22 well.
TSXV:AVNLong
by wealth_bakery
Potential upside move for CJR.BHello beautiful humans, Found a 50% retracement level for Corus Entertainment at a price of 4.88; from the low on December 17, 2021 at a price of 4.34, to the high on January 14, 2022 at a price of 5.42. Why a 50% retracement one may ask; a great question that I won't pretend to explain, however, using an Ichimoku cloud has a tendency to indicate a 50% retracement level, specifically by looking at the orange line (leading span B). A great learning provider and content creator on Trading View to help shed more light on this topic is norok (link provided in related ideas). Managing risk by risking 1% of the account size (eg. account size: $1000; risk of 1%: $10) Placing stop loss / stop limit loss at 4.74; looked back to the candle on February 24, 2022 that had a low of 4.75, in conjunction with being at the 61.8% retracement of 4.75, so the stop is set just below. To make this trade worth while in the risk:reward realm, looking for the price to bounce off the 50% retracement level (4.88), which held and closed above on March 24, 2022, and head on up to the 5.30 price level, which provides a risk:reward of 1:3. Friendly Remembering: Manage your risk Have a strategy so we're not overthinking Practice patience Be patience Otherwise, enjoy.
TSX:CJR.B
by EmbraceFINCO
IBAT 300% Short term potentialMy friend asked me to chart this out, so i made some simple targets on the 4th of March. We just hit the first target and saw some selling, as seen in the current wick. With the direction the world is headed, IBAT is just getting started. Currently the only green Lithium solution in the world, you can use your imagination to figure out where this is headed. If you don't get it right off the ibat (chuckle) let me elaborate... The Electric vehicle and "green energy" movement, isn't actually green until the main proponent - Lithium - is sourced in an environmentally friendly way, Which is exactly the technology IBAT brought to the table. Ya, its a really big deal. Short term (couple weeks to a couple months) I see this hitting $21 to potentially $30+ dollars a share. Enjoy this hidden treasure. Not many talking about it now but they will be.
ILong
by ninjethix