I think gold will come down to one of the marked zones before continuing to move up. worst-case scenario- we see it hit 200ma or obviously get crushed below that a lot in its favour but also a couple of things against it. so we'll see.
Do we fall further like March 2020? Do we bounce back and continue to rise? My BIASED OPINION is that we fall a little further. I feel that investors are out of gas. Let's see what happens!
Okay, there is no denying that Robinhood has been a dumpster fire. Between all the bad press with trading halts and outages, then the IPO was very obviously less than spectacular. But my hunch is that we may be bottoming very soon, with a large amount of institutional money, they won't be letting this fail. But we can let the charts tell that story.
This is an incredibly clean breakout. Nice longish term buy and hold betting on food costs increasing. Inflation wasn't fooling around and this chart is proving it. Keep your eyes on it.
Watching to see what happens with this chart pattern we're seeing form on ARKG. Over the last few months the ARK funds have been in the spotlight as funds that won't be able to perform well past the initial hype. Will ARKG be able to take back its glory or breakdown to lower levels? We'll see.
Fundamentals for weed stocks are not hot. TSX:WEED didn't see strong earnings and can't predict profitability anytime soon. The cannabis market hasn't kept up expectations and we are seeing that reflected in the stocks. With all the bad news there may be some good. It looks like TLRY is bottoming and if it has a clean breakout it could give an opportunity for...
Price target is in the 1.5-1.6 range. If this breakout+retest doesn't turn out to be a fakeout this could be a nice opportunity to enter for a crispy swing trade with a 40% + return. Keep your eyes on it.
Possible opportunity to enter if we get a clean breakout past 48ish. The price target is $57 if we get the breakout. Tesla deal with Hertz is putting all eyes on EVs.
If this breaks past 0.83 we might see this move significantly upwards to $1.00+. Potentially a good swing/position trade if this moves in our favour.
It is looking like silver might finally break out of this downtrend and move back toward $24+ Waiting for a candle to form outside of the channel for confirmation. Inflation is going wild so it seems fitting that metals finally get to shine.