ETrades1

ETrades1

Purple ('conservative') target: $50 by mid-late March 2021 Blue ('blue sky') target: $150 by early-mid April 2021 In just a few short months, we will know how things played out. ***I am long SNX

ETrades1

Since 12/24, $IPI is up 50% higher to 24.54

ETrades1

Top (daily): UNFI makes big gains in a very short amount of time with 2 +100% gains in under a week since the March 2020 low Bottom (weekly): not only does UNFI go on explosive runs, but the next run could take the stock above a 6 year long downtrend. With the stock working into the apex of a descending triangle, I have to think a big move is coming soon.

ETrades1 Updated 

OPRA has been tightening into the apex of symmetrical triangle. I really like the look of this one. I plan to buy it tomorrow.

ETrades1

.034 - .035 would confirm the breakout

ETrades1

TMQ is moving into the apex of a 1.5 year long descending triangle. The stock has yet to react to rising metals prices but I'd have to assume the stock breaks higher as the $1.65-$1.50 area has held consistently (assuming March/Covid was the 'failed breakdown'). I'd be a buyer below $1.80.

ETrades1

HCCI has recently reclaimed the 200 day EMA after falling below it in February 2020. The stock has been consolidating in a pennant formation while finding consistent support on the uptrend from September 2020. I have to expect the pennant resolves higher, the move from the September low measures out to $28.

ETrades1

$20 by February is a reasonable target in my opinion. You have to expect SNX will continue to accelerate as long at it stays above the lower parabola. Last week SNX recorded its most volume since inception. ***I am long SNX

ETrades1

DRD is forming a pennant after breaking above the downtrend line from July 2020. I have applied the same downtrend angle to include the 2 failed breakouts. In both of the failed breakouts, the price only stayed outside the 'main' downtrend for 2 days. Currently the stock has closed outside the main downtrend for 12 days and has formed a pennant in the process....

ETrades1

Top (daily): SRCL since the March low, the stock has been consolidating in a wedge and has currently found support in an area that is the trifecta of the uptrend from March/$68 support level/lower wedge line. Specifically: -the uptrend remains in tact from March low -the $66-68 level has was twice tested as resistance and is now acting as support -tightening...

ETrades1

Top (daily): RYAM has pulled back into the all important $6.00 level and the upper side of the rising parallel channel, which is now holding as support after twice before acting as resistance Bottom (weekly): longer term context of $6.00 level, if RYAM can stay above it, the stock could complete the right side of a rounded bottom, as fast as the drop occurred...

ETrades1

Top: Daily chart of ISVLF since the March low, uptrend is in tact, pennant consolidation has been forming during the pullback in silver Bottom: Weekly chart of ISVLF giving the context of the current pennant in relation to the approx. 7 year long resistance in the $0.90-$1.00 range. Conclusion: a breakout to the upside of the current pennant should lead to 7...

ETrades1

TGB on 11/30/20 looks very similar SVM. Now a month later, TGB has taken out its previous peak and made a new 52 wk high (where the stock currently sits). Similarly, I expect SVM to take out it's prior peak of $8.91 to make a new 52 wk high within the next month of trading, which would be a 30% return in a month. TGB is a small cap copper miner, while SVM is a...

ETrades1

It appears TRVN is forming the right side of an Inverse Head & Shoulders pattern. I like using $2.10 as a line in the sand as that was a key level in 2017-2018 tested as support and resistance multiple times and I am considering that time & price range to be the 'left shoulder.'

ETrades1

DAO appears to be ready for a resumption of uptrend after finding support on each test of 3 tests of the 200 EMA. The stock has carved out a very symmetrical Inverse H&S on top of the 200 EMA. I understand the uptrend projection appears ambitious, I simply took the same angle as the downtrend and projected it to the upside. In both of the prior upward thrusts...

ETrades1

Inv. H & S with consistent support found at 200 day EMA since the July peak. Expecting another hockey stick move to at least $4 within the next 1-2 months

ETrades1 Updated 

No reason to be bearish here. **I am long LINK

ETrades1 Updated 

Rewinding RAVN to 11/25, you can see just how similar the current trend in LMNR is, especially the current price in relation to the 200 day EMA (black line). Since 11/25 RAVN has increased +25% with the stock closing at 33.03 on 12/11. Similarly, I expect LMNR to reach $18 within the next 10 trading days.