ACBFF (Aurora Cannabis) has hit the swing trade price target of 0.81 for a 47.3% profit in less than 3 full trading sessions. Consider booking profits or raising stops if tucking this one away as a Long-term Trade. The Long-term Trade price targets are yet TBD. The official suggested stop for the L/T trade will [...]
As it's been a while since I've posted any updates on the bigger picture (intermediate-to-longer-term outlook) for the U.S. equity markets, let me start by saying that there really haven't been any new developments to report. The only thing that has changed from the longer-term outlook over the last couple of months is that the [...]
The SBGL (Sibanye Gold Ltd) short trade has hit T1, the final official target at 16.66, for a 15.4% gain in just 1 week. Consider booking full profits or at least lowering stops if holding out for the next potential target (unofficial target) which has been revised to 13.62 with the actual support level at [...]
The following chart & notes outline the entry criterion, price targets & suggested stop-loss level for a trade setup in AVGO (Broadcom Limited).
The following chart & notes outline the entry criterion, price targets & suggested stop for a swing trade setup in DLB, Dolby Laboratories Inc.
The ACBFF (Aurora Cannabis Inc) Active Long Trade continues to move impulsively higher, as prices should following a bullish pennant breakout. The stock has taken out the Nov '15 reaction high (resistance) today with a continuation of the recent increase in trading volumes as well. The sole price target remains 0.81 at this time and [...]
Although a bounce up to the 29.60 resistance level is certainly possibly, I suspect this bounce might fall shy & as such, GDX will be added as an official short entry here around the 28.16 level with an objective entry as high as 29.60 and as as low as *26.42 (*only if targeting T2). Suggested [...]