StaylorResearch

StaylorResearch

We continue to like GSG and commodities in general. This morning GSG gapped up 24 cents. Energy & grains look great fundamentally. Grains especially, supply is low and agricultural yields weak. We are watching the dry conditions in Brazil and if they persist that will bullish for grain prices. Energy continues to grind upward, Crude , Nat Gas , and Heating Oil...

StaylorResearch

We like the uranium play and we are doing it through Cameco. Sell target at 1.618 Fib level. We are not early to this play, it has been underway for quite a while. We may be approaching the top, but we want to squeak a bit more out of it. Other plays are the Sprott Physical Uranium Trust and URNM . Fundamentally, Sprott is cornering the physical market. ...

StaylorResearch

We are paying close attention to QQQ. We have a few things happening in the chart that we believe are cause for close attention. 1. Possible Head and Shoulders forming - we noted it in the chart. Downward price movement over the next few days/weeks will confirm. 2. Trend Reversal - The blue shows the curved resistance line that may be forming. If we break the...

StaylorResearch

We are watching momentum indictors closely. RSI - We are watching to see if RSI breaks above the downward trend and starts a new uptrend. LMACD - We are watching for a bullish crossover. We are bullish if those events take place.

StaylorResearch

We are see a Wyckoff Accumulation unfolding in the BCE. We think a big swing up is coming as Phase E takes shape. RSI is in an upward trend and sitting at a 65. We are watching RSI closely as it comes to a peak. Price target near the resistance level of $65.00, we will look to close out the position at that price.

StaylorResearch

We are looking to make an entry at $18.60- $18.50. We like the breakout of the downward trend. Our sell price targets are $19.90 and $20.20. We expect to see resistance at these prices. We do expect XMA to remain in the upward trading channel for the short term. Volatility is expected in the broader market for the rest of May and into June. We will implement a...

StaylorResearch

Hello everybody, We are looking at XEG-T today. We are short term bullish. We believe a bearish flag is forming. We will enter a limit sell order at $8.80 which is in contact with the upper band trendline for half the position. We will continue to hold the other half of the position and look to make an exit at $9.61. We will hold a stop loss at $7.60 for the...

StaylorResearch

We are bullish on XBM-T in the short to medium term. XBM has broken out of the July 2014 and March 2018 resistance level. We like the trading channel and believe the price action will continue upward. The relative strength is pushing up against overbought. Our sell target is between $21.00 and $23.00, we will use RSI and trading channel price action to identify a...

StaylorResearch

GSG is showing a strong upward trend since the low of March 2020. GSG has maintained a trading channel. We are long in the short to medium term. We have support at $14.63 which is shown in the fib retracement and by the trading channel prior to the COVID pandemic. We have an exit price of near $16.50, we expect to see resistance at the upper bound limit of the...