Prior to COVID dilution AC's saleable assets equated to just over $18 per share. Dilution was what? 60 million shares?
I very much like Air Canada under $17 and grabbed a whole bunch today at $16.70. Planning on dropping right before/after summer flying is reported Nov/Dec.
Aren't cyclical industries great?!
Hertz appeared to be filling the gap it created after briefly enjoying life as a meme stonk, but no. Instead it printed a textbook cup and handle, the likes of which I haven't seen on a real stock as opposed to making something up for demonstrative purposes. Even the nice cup and handles you see in the wild don't have this uniform volume profile through the cup....
Following a rocky start after an uplisting and delisting from NASDAQ, PKK has been checking all the boxes in every other metric and has been hitting it's bull flag targets since the first run from 35 cents. Despite the pullback after losing the NASDAQ listing, we retraced only a little more than the historical 57% after every bull run and the hit we took after...
WEEK OF 30NOV:
PKK has been on a tear despite missing ER guidance and we are officially at a place nobody expected to see for about a year. Has already demonstrated interaction with our important fib lines (0.618 and 0.236). It has achieved every bull flag target while I have been watching (73 cents and 98 cents) and is flagging $2.66 on the daily chart (hourly...
I loaded up in October last time it took a run above the 9MA and have been waiting for another buy opportunity before running at the wedge it printed. I tripled down on my position and we broke out of the wedge Friday and I drew this chart and forgot to share! I know a lot of people very long on this and I am just here for the short gain in the very near future.
Ever since the year's high water mark at $1.08 I had been searching for re-entry at or near the double bottom of $0.70. The recent beating the cannabis sector took provided a fantastic opportunity to grab XLY at bargain prices; as low as 66 cents! The current reversal does not have me sold as a solid trend change as you can see we are still well within the...
Unless someone like CGC pulls the entire sector down, VFF could be primed to go today. I played the last ER and then played the last time the MACD signal line crossed at the same time as the daily crossing the 9MA. It worked out well for me last time and so I share this with you today.
May the gains be with you.
TSXV:NU
I've been watching this approaching its 52 week low for some time and as a business they fail to really excite me. As a trading opportunity, however...
In the life of this stock it has touched the top of the BB9 on the weekly chart three times after a squeeze. Each time was followed by significant upward action. As the volume profile tells us that...
