claybridge1973

claybridge1973

NYSE:NIO close on Friday (3/23) exposed it to lower lows. Elliot wave theory works in both directions and this time it's a long setup. My PT is $3.90 for entry in April, partially based off of old trading from 2019-2020 and mostly based off of what you see on the chart. GL!

claybridge1973

Castor Marine MC is less than half of assets. Meanwhile, they have record revenue and profits Q over Q and Y over Y. In short, they're making a killing. They ended their ATM in June. There is no need to raise additional funds and can easily make plays for additional vessels with cash flow. The company is likely considering dividends at this point and should be...

claybridge1973

So, a lot going on in this chart, but what I want to draw attention to is the crossover of the 20ma down through the 50ma (yellow ellipses) and the price action that follows. We have 3 analogs on the chart over the past year or so. The crossover coincides with near term oversold conditions and and a brief correction followed by further downside. The downside from...

claybridge1973

CTRM is coming off of 52wk lows in an ascending triangle with dramatically improving financials. PTs are green horizontal lines using volume nodes and then the large gap in the $6s and lower $7s. Golden cross estimate for later this month placed on chart. GL!

claybridge1973

Sell signal confirmed if RSI crosses down through RSI MA after reaching top bound of the descending wedge. Confirmation on Tuesday 2/22, which could be ER. A positive ER may negate the technicals.