AMEX:GDX has formed long-term support that has been built upon the arc shown in the chart. Should this arc prove to be true and continue to hold, it will lead us to our SCOTCHstocks initial target range of $52-$60. Everything shared here is my own opinion and no results are guaranteed. Good luck!
Since October 2020, Litecoin ( KRAKEN:LTCUSD ) has only closed below my daily close support trend line TWICE. The 1st daily close below was in December and it was only for 1 day, which means it turned out to be a false breakdown. In the following 9 days, Litecoin went up 78%. Tonight was the 2nd time. Will history repeat itself? Or will Litecoin begin a further...
NFTs are starting to get REAL hot in 2021. Will NASDAQ:WIMI be the king of NFT stocks in 2021? We potentially have a Stage 1 base that formed starting in August of 2020 until January of 2021. Did we just see a retest of a Stage 2 breakout? The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It...
For WPM , it's getting very close to do-or-die time. A break above the red resistance range (with at least one daily close) would be SUPER bullish for WPM and the whole precious metals sector. However, should WPM break below the green support range (with at least one daily close), we would expect a lot more downside pressure to come to the precious metals...
When looking at the Litecoin to Bitcoin ratio chart ( BINANCE:LTCBTC ), it suggests that Litecoin will outperform Bitcoin in the near-term. We see our breakout, retest, and now it's SCOTCH time. Let's take advantage of this! The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important...
We are getting a double retest of December's breakout point. Assuming OTC:KLSVF does not lose support, we are expecting much HIGHER prices in the weeks ahead. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on...
NASDAQ:GNOG is another one of these "buzz" stocks that have TONS of potential, but just seem to be continually getting whacked. These stocks may take a while to find their bottom, so don't get crushed waiting for that to happen. When this stock breaks above the resistance line displayed on the chart, that is when we will start pouring the SCOTCH. The featured...
TVC:PLATINUM long-term breakout has begun. A monthly close above would confirm our SCOTCHstocks target range of $2500-$3000. Don't miss it! Everything shared here is my own opinion and no results are guaranteed. Good luck!
A breakout of the bullish pennant would trigger a SCOTCHstocks target range for AMEX:URG of $1.80 - $1.96. Everything shared here is my own opinion and no results are guaranteed. Good luck!
We have a beautiful setup forming in KRAKEN:LTCUSD right now! We are expecting a move down to $120-$130, followed by a potential 200% move up! We will be looking at a SCOTCHstocks target range of $300-$400 when this is all said and done. Don't forget to check out our updated Bitcoin thesis, as it is playing out perfectly so far. The featured content is...
As a continuation from my first post, we have such a great opportunity for a 150% gain in AMEX:PLG from where we are right now. TVC:PLATINUM has broken out of it's long-term resistance (shown here: ) and we are seeing capitulation within the precious metals sector. I don't expect us to stay here long! Don't miss out! The featured content is intended to be...
Alright, so hear me out. NASDAQ:CLOV has this insane, speculative expanding wedge/triangle pattern forming. I mean, there's absolutely NO SHOT this can actually play out. It HAS to be just a coincidence...... right? The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to...
AMEX:BTG currently offers one of the most compelling chart-based entries of any top-tier gold mining company. BTG offers tremendous value and can easily be considered a core holding within any long-term portfolio. We are currently within our first of two buy zone targets, both of which offer extremely undervalued buying opportunities. We will be adding a half...
As a continuation from my original post, , we've seen a false breakout followed by more sideways consolidation. Has everyone thrown in the towel on TVC:GOLD yet? If so, we've hit the bottom and get ready for the breakout! But if not, prepare for one FINAL flush to $1675. Regardless of what scenario happens, we won't be there for long! Inflation AND higher...
BITBAY:BTCUSD is forming an expanding wedge pattern (typically bullish). I'm expecting Bitcoin to make a lower low first (~$38k), followed by an upward move towards the upper resistance line. I’m assuming Bitcoin will breakout from the upper resistance – whether or not that breakout move comes on the first attempt or second will remain to be seen, but I am still...
TVC:USOIL looks ready to go absolutely bananas and breakout of a 12-year bullish falling wedge pattern. Time will tell! The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Good luck!
From a fundamental viewpoint, Mastech Digital, Inc ( AMEX:MHH ) appears to be in great shape. In addition, when looking at a long term monthly chart, we have what appears to be a possible bullish flag scenario playing out. When we zoom in and look at the shorter term daily chart (shown), we see a clear downward trendline, acting as resistance, currently coming...
Something to watch for those holding KRAKEN:ETHUSD . A clear rising wedge pattern has formed (typically bearish), however this can break either way. Watch for a decisive move in either direction as we get closer to the apex of the pattern.