BTH 1hr timeframe, inverse heads a sholders. Buy on the break of .88, stop @ .825, profit target. 945. R/R. 1:2.6
Buy signal.
Invs heads and shoulders
rising obv
moving above 50ma.
pros- high probability patterns, good fundamentals. Potential to be a long term hold. definded risk
Cons- inverse heads and sholders pattern is only on the 1hr timeframe vs on a...
After GXY put in a clear bottom and started its up trend momentum, I have taken a small position at 1.30 (could have got a better entry tbh and was in the red for a week or so) but have since added to the position making my current entry average 1.37 as of the 11/11/2020. This is more of a position trade with my long term view that lithium miners will benefit from...
Looking to catch some upside momentum as AMS continues to recover after the covid-19 crash. I did have a position in AMS but got stopped out in the lead up to the USA president elections (should have had a tighter stop and gave back some unrealised profits!) So having another go with an entry at .625. Stop has been moved upto break even on the 11/11/20. Target is...
In at 3.12, was down a few hundred but decided to hold as the fundamentals look good and as covid-19 fucked off and the economy opened up the recovery of EML is inevitable. I will be moving my stop up to break even asap. Looking to see if it breaks the down trend and breaks the 3.85 resistance.
My second position in the lithium sector, and again not the best entry at .52 so was in the red for a few weeks. This is a small position to start with until I either see a break of the longer down trend line or some good higher lows. I will be looking to add to this position on the break of the .55 resistance. I have no target set as this is a long term position...
UBI is currently trading above the ichimoku cloud on the daily chart, on the weekly chart the cloud is the upper resistance that needs to be broken before a long term trend can be established. A trade was taken at .16 with a stop placed below the current monthly candle @ .145, the stop has now been moved up to .165 for a break even trade.
I may well have pulled the trigger too early, purchasing BBOZ on the 21/04/2020 for a price of 12.26 per share. I will need to see a break of the Ichimoku cloud on the 1 HR chart and a higher lower before I'm bullish on BBOZ, a stop loss has been set at $11.89.
