After a long distribution phase, I started shorting this long-term pattern. My hope is to get a little pyramid going if price cooperates.
We have a test after a breakout of a long-term accumulation phase on this pair. Testing the water for now but will add if I see the current support holds. Otherwise it is likely to head to the reversion, indicated by the orange line.
Loading up on this stock as I believe it went from way overbought to way oversold very quickly. Playing a reversion bounce while collecting a high dividend in the meantime.
Loading up on this high yield REIT. The idea is I want to get some exposure to the weed market indirectly and this is the leader in its field.
Buying this high dividend yield stock as we are testing the support with very high volume.
We just hit a major support for this stock, so I am starting to build a position. I'll take out half at the next resistance and hold the rest in case we break resistance and see an explosion in price.
This is another example of a trading pattern that I trade regularly, you just have to look for it.
We did a 50% retracement (a Gann favorite) and are bouncing off a zone of support and a short term trendline. I think this has good upside.
I think this stock is of fantastic value, both from a fundamental and a technical stand point.
This is a pattern I have talked about in the past and it is a combination of a distribution pattern (in this case a Wolfe wave) and a reversal pattern within the accumulation phase (in this case a reversed head and shoulder). I bought this in my investments accounts and is a long term hold for me.
I have been waiting for a clear signal from the uranium industry for a while now, and it's hard to ask for a better set-up than what we are seeing on Nexgen. First we have a capitulation zone (red square) and then a bar close inside the range. Then we have a break out to the upside from the channel, followed by a successful retracement and new highs. Holding this...
I don't want to say ''I told you so...'' but I told you so. I'm on my 6th leg of my position which I started in the 15-16$ range and bought more pre US market today. It currently isn't possible to buy physical silver at most renowned distributors and I think this week will be very interesting in this fight of the paper money versus real assets. I think it is...
After a multi-year accumulation phase, Eth slowly wakes up and breaks out of its triangle formation. This could be the start of the next bull run in blockchain related projects. I have been a long term bull about the technology but the prices have been a series of booms and busts so there are times to buy and times to sell. In my opinion, this is a time to buy if...
I just exited half of my position on Soybean because we are hitting the resistance. This being said, I am still bullish and I want to explain my plans according to the different scenarios that I see. Scenario 1: Price could go straight up to the next resistance, in which case I will have left some money on the table. Scenario 2: We bounce to the downside from...
Those that have been following me for a while know that I've had my eye on commodities and as we keep printing currencies, inflation shall follow. I expect some good moves from grains and sugar in months to come and I keep building my positions. We have a descending triangle mixed with a reversed head and shoulder pattern. This combination could lead to explosive...
It is my opinion that as we head into uncertainty in the flu season that we will see fear coming back to markets and that there will be refuge towards the US dollar, given that it is the reserve currency of the world. We have seen a typical boom and bust pattern in the pattern but I think we have reached fair value for the time being, but I only see the dollar...
Starting to build a position in the pair as this has the looks of an accumulation phase with a proper ''pump and dump'' test of the previous formation.
If you followed me for a while you know that I am a silver and gold bull for years to come. I am not leveraged anymore because I think we went too far too fast. That being said, I am using this correction as an opportunity to purchase more silver stocks in my portfolio and average up my position. Prices will probably go lower, and I will buy more, or higher, and I...