Multi-month triangle forming here. Canada set to legalize some time this summer, this triangle and potential break out could correlate with that time line. Long on a break with volume
Strong consolidation here. trend has been sideways but volume is building.
Excellent set up here. Broke over the double top trend line, back tested the trend line and now seems to be curling back up. Lots of room to run. Trigger at 0.77 with no much over head resistance since november 2017.
With a lot of uncertainties in the US market and US dollar, commodity rich canada and the canadian dollar seem to be setting up for a run back to 0.90 cents. Already on a bullish trend with recent consolidation.
4 hr chart. Market seems to be creeping its way up. Looking for one more ride up then down after resistance to confirm the triangle formation and possibly new lower lows.
URA is bounce of a 4th bottom on the weekly at that price line. Long via uranium related companies. Could be a new trend starting with fundamental aspect of decreased output of uramium in Kazakhstan.
Oil within recent uptrend. Looking for a reversal here for the next week or two. Playing this via refinery and oil producer stocks
Triangle coming to an end soon. Watching for a potential break up or down. will let volume confirm.
Nice set up here in this resource stock. Watching for confirmation of bounce on fresh uptrend start.. 4.65 good buy taget, with an add over 6.
nice set up here. other cannabis stocks are pulling back, showing some strength here. Long on a break up
Set up in GLDN.ca (TSX). Watching for a break upward with volume
They seem to be moving in unison of late since November. Although the deviation from the avg has been much larger and volatile for SPX500 compared to USOIL
Very good R/R here if it break above recent high on the daily. Break out of downtrend after backtest
Another canadian energy company setting up for a potential trend. Broke the recent few month downtrend. Once the price gets above 1.40 this could be a very strong trend.
Long set up on the weekly on this uranium stock. With uranium at multidecade lows and production cuts this could be a great r/r once it breaks above the downward trend line. Weekly 10MA above the 30MA
Some interesting set ups in canadian energy including this double bottom. BIR.ca in particular is sitting around the same prices it was at when oil was under 30. Possibly some big value plays if oil can stay above 60 or continue uptrend and even get above 70
showing some relative strength in a sidways market. could keep momentum until most recent high
Downward trend on the 1hr chart still in tact. Will be interesting to see if it breaks or drop from here.