Swingtrade ATD.toOver the past two years ATD.to has traded seven times in a range bound in the upper side by the 50ema+8% (confirmed by an RSI of 70) and on the lower side by <50ema (confirmed by RSI below 40). It is again approaching the lower side of the range. A buy entry to the swing trade...
I have been swingtrading 1/3 of my long position
Wheaton (WPM): Further Downward MovementWheaton (WPM) : NYSE:WPM
Due to growing interest in the gold market, we've decided to include a mining stock in our analysis, specifically Wheaton Precious Metals Corporation, a Canadian company that focuses primarily on gold mines. We start with the weekly chart to examine this company. It's important to note we're dealing with Canadian dollars, not to be confused. We've completed the first 5-wave cycle, although not the most aesthetically pleasing, at 76 Canadian dollars.
Since then, w
Canalaska $CVV up 50% on new findNew uranium find has pushed Canalaska up 50% in a day. Wow!
Downward trend channel formed in April 2021 and almost 3 years later it has broken out, pulled back and now rocketed with volume.
0.85 therefore seems achievable and 1.54 all time high could also be possible.
As ever, this is not a solicitation to trade. Do your own research and you decide all aspects of your own trading.
Does this have the power to go much higher?There is a lot of power in this chart. I look fwd. to seeing if it can stay within this cup... and if so, how high?! Fundamentally, it's looking very strong!
F
Air Canada AC.TO - BearishAC has breached the upward trend channel, accompanied by a Head and Shoulders formation. The neckline support, situated around 18.05, has been breached. I anticipate a downside potential with my initial target at TP1 = 17.03 and TP2 = 16.57 CAD $. Best of luck to everyone, but please remember that this solely reflects my opinion. Conduct your own analysis and risk assessment.
$TWOH break of the descending wedge?CSE:TWOH has found solid support at .01. Beaten down over the past couple of months, seems ready to break this descending wedge pattern. Plenty of upside when/if it does.
T
LSPD - Bullish ReversalLSPD (Lightspeed) appears to be oversold at the moment. The arrival of the new CEO is expected to significantly boost the stock. Additionally, there are signs of a potential reversal, particularly on the lower timeframe of 15 minutes, with an inverse head and shoulder formation indicating a possible turnaround. I anticipate LSPD to rebound and test the resistance level between 21.5 and 21.9. Best of luck to everyone, but please remember that this is solely my opinion. Conduct your own analysis a
Gold royalty streamers oversoldAs a group, gold royalty streaming companies reacted negatively to the drop in gold price on February 13, 2024. This movement was triggered by US CPI for February printing slightly higher than expected by consensus, on the index and also MoM and YoY readings.
Reaction was an immediate spike in TVC:DXY and commensurate selloff in FX_IDC:EURUSD . This dragged risk assets down, with equities markets getting hit. TVC:GOLD also lost more than 1% in lockstep reaction.
The opportunity here
SLong
This Conservative Play On $RHC Royal Helium Nets +247% or more..Whether or not you see this as a viable play depends almost entirely on whether or not you think the niche industry of Helium capture and re-sale is a high-growth sector or not. I happen to think that the hype is real, as long as you're taking a conservative long-term approach to your analysis. I do NOT believe this will retake all time highs (roughly $2-$3) in any one given life-time. But there is a possible 3-5 year play present here that could potentially net +200-250% depending on your risk
RLong
$FLT Drone Delivery Canada Setting Up For Juicy Pump & DumpLooking for a repeat of the last play I made here, with purchases at or around $0.24 CAD and selling back out at around $0.37 CAD, netting profits of approximately +54%. YMMV.
FLong
Telus Will Be A Slept On Growth StockTelus is making massive investments across Canada as one of the few major telecommunications providers in the country. Telus has taken on debt and directed revenues towards the creation and permanent installation of enormous amounts of physical infrastructure across Canada's physically-large land mass.
TELUS is investing $28 billion across Ontario from 2023 through 2027 in network infrastructure, operations and spectrum enhancement. TELUS now has the largest contiguous 5G channels nationwide w
More gains to comeAs we approach earnings season for many equities, GSY is somewhat of a staple equity in CANADA. The necessary services that GOEASY provides for Canadians is and will continue to rise, as inflation proceeds to increase costs of goods and services. There are many people who need to take a loan which they may regularly be denied by financials, who can they turn too?
Its quite unfortunate that its come to this where regular borrowing of finances is needed to just get by but its apparently so. Thi
AQN is a 1-3 year strong playYet another in a series of companies that are going no where and have been hit by some bad news during and coming out of COVID and interest rates that will resolve itself. Taking advantage of this one at these levels to build each month a strong position.
1.5-2x in share price is achievable here when interest rates start to get cut in Canada, as this will have a direct effect on their bottom line and a surprise to the upside.
Not to preach here, but strong utility and resource companies tha























