On the big picture we can see we have broke an important trendline . On the daily we can see we are consolidating in a triangle above the 200 day EMA with 13.7 being a key area for a breakout. We have the RSI in the bullish zone as well. Company has good things going for it such as increasing free cash flow and legalization of weed as they have a big stake on...
IPA did their previous financing recently at around 17ish or 13.45 USD and ,so they are cashed up and with the covid variants coming in, I believe this is starting to set up to be a nice value play as I believe sentiments will eventually shift back into covid treatments. I believe the fundamentals are strong, but I don't feel like typing it out here, so I will...
Drug is an interesting psychedelic play that aims to to be a next generation psychedelic company. Currently we are going sideways and it has some bullish factors goin for it TA bullish factors 1) it broke the downward trendline and had a successful retest 2) we can see the macd starting to pinch and might be going for a zero line cross on the 65 min Possible...
1)PP at 0.415 to expand business 2)Operating at max capacity for production 3)Covid will be an endemic so demand for their product will be stable for awhile 4)bullish divergence with positive ADX cross over and a double bottom forming. 5) Owns a Biogas company will likely have a bullish future in the renewable world. This will pop hard on the break of this...
If you bought since my last post on this you're up and I personally don't plan on selling ,because I strongly believe in this company to expand due to it's innovative biotech that improves bioavailability for any fat soluble substance allowing them to penetrate many markets. What's amazing is their royalty businessmodel leading to great margins in the future as...
Congrats on who bought that crazy dip last night, this madlad is bouncing so hard it broke this trendline! We are even green for the day! time to moon!
Over a 70% retrace from ATH has occurred, so this trendline would serve as a good indication if this thing is headed up or if it's going to keep going down.
Anyone that was part of the MTRX run had a good time. I know I did :). Currently free riding some shares but if you are not in a position an entry is coming up very soon. We had a pullback of almost 60% and a wedge is forming. play the breakout/retest of the wedge for a wild ride ,
1) Consolidating above the 4hr 55 ema 2)4hr macd above 0 line 3)4hr rsi above 50 4)adx and di+ above 25.
On the hourly we can see it is trading near the top of the wedge. This ticker is quite bullish so we'd need to wait for some form of confirmation before entering, I like to enter the breakdown of a smaller structure within a structure so putting an alert on this smaller trendline and if it breaks down wait for the retest of it before shorting.
This company currently has a 20 million dollar marketcap Canadian and has recently uplisted to the NASDAQ. They had a 9.6 million dollar public offering at a share price of 5.25 (USD) . source - ceo.ca What's interesting is that the public offering is priced in USD however at the time of the public offering it and reverse split, it was traded below 5.1 Canadian...
This is a good time to get in for anyone that's bullish on gaming and streaming in china. Incase you are unaware there is a merger that is happening with huya and TenCent owns a significant portion of HUYA and DOYA. due to the antirust monopoly policy from china there was some scare that may effect this merger causing this stock to drop, but imo it caused this...
From the ATH this has retraced 14% down into a demand zone. On nov 18 while it was in its 60 price range the company has renewed it's buyback program indicating that they themselves thinks it's undervalued. My previous idea of a channel has been nullified, but I still believe we are overdue for a bounce based on how price action is forming . Their PE ratio is...
We can see that we are breaking out of a bullflag Currently we are at a downtrend but at support for the dxy Looking at the gold/sp500 ratio we can see that money is starting to flow from equities to gold and likely other commodities. We can see fear returning back into the market as indicated by the spike in the vix and the red day in the overall...
This has retraced 73% since it's ico. on the 1 hour we can see some bullish divergence and support holding at 1.06 its inside a small downwards channel and a breakout of resistance could lead to a leg up.
This is a ticker that is one of the safer plays as grocery stores are not going anywhere anytime soon. If we take a look at their annual earnings we can see their revenue has increased as well as their profits. Comparing this years annual EPS with the previous years EPS of 3.15/2.79 we can see that there is a 13% increase in EPS. if we were to assume the price of...