Weed
there's the lower low, do we have one more mini wave lower? I expect this to be wave 5 of C on the verge of being completed. confirmation requires price above 26.75 follow by above 32
Weed
there's the lower low, do we have one more mini wave lower? I expect this to be wave 5 of C on the verge of being completed. confirmation requires price above 26.75 follow by above 32
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2019 IS350 AWD
20xx NX350 AWD
Anyone eyeing ACB entry? $6.50? Lower?
Seems to be an oversold bounce happening right now, but that might be all it is. Waiting till that subsides.
I got in at $7.02 this morning and bailed when it shot up to $7.42 shortly after. If I held on 20 minutes later, I would have hit the high of day but I was in a meeting.
after missing when I should have bailed on Monday exited with a reasonable gain this morning (1.69 -> 1.83).This quote is hidden because you are ignoring this member. Show Quote
Nice work. Canadian weed stocks are scaring the hell out of me right now.This quote is hidden because you are ignoring this member. Show Quote
Edit: into bear creek mining @2.60, see how that one goes
Last edited by J-hop; 04-11-2018 at 09:27 AM.
it will be interesting to see how gold reacts if 'it' can break above 1356.83 to breakout from this multi-month long wedge/channel/consolidation.
those following this sector should be fully aware of the discrepancy between gold and silver meaning, one should bet on silver to out perform gold by a significant margin during the next rise which may be happening now. (Silver COT data is at a level or signal not seen since 2003) worse case would be yet another ICL into May/June. but I am fully ready if PM makes some noise now
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2019 IS350 AWD
20xx NX350 AWD
1356.83 broken, next key resistance 1361.72
update: going to set a mental stop loss on gdx 22.51 and gdxj 32.83, still feels like PM is under performing and could repeat what happen in feb where this move up is just another 3 wave A=C. if this breaks will reassess
Last edited by SilverRex; 04-11-2018 at 10:23 AM.
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2019 IS350 AWD
20xx NX350 AWD
I've been buying ACB when it hits 7.90~ and keeping an eye on it as it pops above 8.10, selling as it gets past that point and then re-buying when it gets down again. In the last 5 days it has been consistently been playing around those points, with some deeper dips. A couple of my gold holdings are also starting to climb, which is nice. Kicking myself for dropping out of CR and PONY when I did but oh well. Got into BIR when it was 3.90 and it's around 4.30 now, so that was a good choice to make.This quote is hidden because you are ignoring this member. Show Quote
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Last edited by Rat Fink; 12-06-2020 at 01:44 PM.
Thanks for the 14 years of LOLs. Govern yourselves accordingly and avoid uppercut reactions!
again gold deeply retraces beyond what I had hope, and gdx broke below 22.51, taking my 10% profit off Jnug and moving my funds into SIL, might go back to jnug if we do get a sudden break down, otherwise I am focusing on holding more silver exposure.
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2019 IS350 AWD
20xx NX350 AWD
Hive
with the entire crypto shares sector begging to rebound, I am still waiting for hive to make that strong move back to the 1.8-2.20 range. Again still only 3 waves off the low and another crack / attempt to break above 1.38 as well as the down channel.
http://stockcharts.com/freecharts/ca...UT.V,blok.v|B|
Last edited by SilverRex; 04-12-2018 at 09:39 AM.
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2019 IS350 AWD
20xx NX350 AWD
Reallly hoping my LHS.CN continues to bounce in a big way..
Leaf.to
Another good cannabis stock from a charting perspective is Leaf, not sure who plays this one. but it would appear the ABC down is finished with a great impulsive off the low wave (C) , now I expect sub wave ii is underway, while it has met the min 23% correction, so unless it is a very shallow wave ii which by EW definition is possible, generally speaking the 50-61% correction back to the 16s is welcomed. a good risk setup with stops under the 78% level around 15.33, if this ABC count is correct. then this stock should begin some nice up swings.
now in general this may be a good indication for the entire sector so WEED/ACB/APH should all have good moves as well, they are more or less in their own variants of correction which have either ended or are ending.
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2019 IS350 AWD
20xx NX350 AWD
just to throw this in there, this is what I am expecting is happening to WEED from a EW count patternThis quote is hidden because you are ignoring this member. Show Quote
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2019 IS350 AWD
20xx NX350 AWD
Might be worth looking at the US cannabis companies after trump showed federal support Friday for states that have legalized it. Looks like it’s having some effect on Canadian companies but I think that will be short lived.
Not sure how many of you are trading AMD but it looks prime for an upswing. A bit oversold and they typically rise before earnings on 3/5. Bought a position this morning.
Silver Juniors are slowly coiling higher/breaking out
http://stockcharts.com/freecharts/ca...CB%7CH14,3%7C0
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2019 IS350 AWD
20xx NX350 AWD
SilverRex, I know you exited your JNUG a few days back. Just curious where you think gold is headed now? I know GDX dipped below your mental stop loss. GDXJ only went a penny lower at 32.82. I am still hanging on to a position...as it seems to want to grind a little higher. Any thoughts?This quote is hidden because you are ignoring this member. Show Quote
yes i exited Jung, when it broken a level i had set in mind. over all i am still leaning towards a breakout in this sector now or few months down the road, so i moved into SIL instead. Even if gold/silver does breakout from here, i am all positioned for MT to LT, trading in and out of Jnug was just a swing trade for me.This quote is hidden because you are ignoring this member. Show Quote
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2019 IS350 AWD
20xx NX350 AWD
SPX
I posted this a while ago when spx first made 5 waves down to the bottom of the rising channel. I took this opportunity to move the rest of my cash holdings into the equity index. I suspect we are now on the 2nd upswing which should be part of some triangular pattern with breakout to the upside. Once we get the breakout to ATH again, it will be time to begin unwinding position in anticipation of a much larger correction or a multi year topping which would mean a SM crash.
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20xx NX350 AWD
crpyto shares starting to catch fire.
BTSC leading the charge with 250% off the low. while my holdings are small and have been buying the dips every now and then, I am taking my profit here for BTSC/BTCS (44%/22%) respectively. still waiting for hive, mara, bloc to catch up
http://stockcharts.com/freecharts/ca...C,HIVE.V,HUT.V
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2019 IS350 AWD
20xx NX350 AWD