Daily Log Chart On 11/5, Tilray broke out of the long term down trend with very high volume which signals a trend reversal. Price made a high at $12.20 then dropped back down to the accumulation zone at $7. Price Target - $15
Weekly Log Chart I am very bullish on cannabis stocks right now. CBDS broke out of the long term down trend on the log chart. Entry price - $0.63 Stop Loss - $0.60 Price Target 1 - $1.33 Price Target 2 - $2.53
Oil is currently flagging just above the August highs. This signals a continuation in the upward trend. Price Target - $50
Inverted Head and Shoulders on daily chart. Price Target - $830
Bitcoin to 22k if it breaks bullish out of the wedge pattern. Potential blow off top at 22k
Bull pennant on daily chart. I have no position yet. I am waiting for a confirmation candle. If it breaks bullish my price target is 0.00006
It looks like the correction in gold/gold miners is over and GDX is ready to move higher. On 12/1, GDX broke back above resistance. Bear traps typically result in a big rally as the shorts get squeezed out.
Textbook Cup and Handle pattern. I don't have a position here but I really like the setup. Price Target - $2148
I'm a bit skeptical of the recent stock market rally, but It looks like there is still room for it to run. The SPX broke out of a massive bull pennant on 11/9 and it has been range bound since then. Today (12/1) it gapped up to new highs. Price target - $3900
The inverse head and shoulders on the weekly time frame has not been completed yet. If it breaks 0.034 I will have much higher conviction that the pattern will complete. I have a small long position. I might increase it if it breaks out of 0.034
Pretty Basic. Rounded bottom and Flattening top indicates the bulls are taking control. Spike in volume on 11/30 so I am expecting a breakout soon. Price Target 1 - $138