A good canadian company that i am familiar with. Looks to have double bottomed and is regaining the 200 ma, ~39 is the major resistance. We need to get back above the 200 ma and hold hopefully. I think this can move well past 40. There was a nice close to see. Interesting to see how this plays out.
Baba along with other chinese stocks haven taken a serious hit recently. I believe baba is starting to look interesting. Still bearish but the falling wedge is looking like its getting tighter. I will look to enter around 150 but may start the position at these levels.
Bulls need to hold these prices. The 20 ma may be the last support or i think we can see 2600 and possible lower. Till then i am still bullish and think this is just a healthy price dip.
Falling wedge. Rsi oversold. Looks to have bounced at 200 ma. Another possible swing set up. This is a good long term company as well. 325 can be a good entry for long term and a safer entry but now may also present itself as a good possibility. Pt 1: 380 Pt 2: 400
Looks to have bottomed out and bounced perfectly at old major support levels. Also bounced at the 200MA. Rsi oversold. Could run up a nicely. A nice swing trade that could maybe go into september.
I think facebook will move up as will qqq. Pt 380/400.
We penetrated upper line, a close above could signal another move up.
Bearish signs imo: Double top on rsi. Rsi oversold. Possible rising wedge Bullish signs: Bull flag. Not really sure how this play but i will wait for a lower price before long term entry possibly.
Loblaws looks to be forming a potential bull flag and or falling wedge. I think the price will go a little lower tho first. A possible swing set up could be nice at 80/82$. Will also see if we can hit the lower band at 76/78 for a long term entry. DYOR.
Bull flag on dialy. 84 for a safer entry. Could be a small swing.
After an earnings sell off, i think visa will move up soon. I expect 250 then 260 within a few months. Rsi looks good.
Indigo looks bullish imo. I dont like playing small caps. The cup and handle looks good. Could be a nice swing.
Maybe a move up in future. Risky. Not a big fan of them. Will most likely just watch this one!
Falling wedge after h & s. Rsi divergence. Swing set up but i may wait for lower entry. Will consider entry towards 68 maybe even lower. Earnings in September so we will wait to see how this plays out. Lumber was interesting this year.
Air lines and travelling will eventually pick up. Price below 200 ma with 50 coming to cross over, possibly soon. Rsi oversold and under 40. Double bottom. Possible swing play DYOR
Not a huge fan of the company but i think this falling wedge can present itself a nice trade oppurtunity. I may only consider entry around 18$. Pt 1: 20/21. Pt: 24. DYOR AND BE DILIGENT.
Descending triangle. Several higher lows. 50 ma dropping below 200ma. For now i am still bearish in tesla. DYOR.