USDCAD significant breakout 1h chart, short trade idea Price broke significantly through the lows of this move up.
We want to see a healthy level rejection and a bearish break towards the 1.3393 level
I'll keep this chart updated
Technicals
$MMEX 8K Out, 50,000bpd Facility, Contracts/Permits/MovementSenator Ted Cruz’s Endorsement for the Oil and Gas Industry is Timely
oilmanmagazine.com
2) Awesome News per 8K. Here it is 4/17/2017 8K
www.otcmarkets.com
3) MAYOR CONFIRMS PLANS OF MMEX's REFINERY! HERE'S PROOF:
investorshub.advfn.com
Email confirmation from Lisa D Amato with the Texas Commission on Environmental Quality Air Permits Division. MMEX confirmation of permit submittal in Texas
www.dropbox.com
$MMEX is going to start trading $1.00+ before you know it.
Is USD/JPY ready for a bounce? Here is the level to watch.I don't like picking bottoms, however, buyers have stepped up ahead of the 1.08 level.
This is a 2-day chart. There are two scenarios I see playing out.
1. This is a large retracement from 100-118 range and we are headed back toward the 118 level.
2. A series of lower lows, lower highs has started and we are heading back toward 100.00
The Key Level
I believe 112 is the key level. A sustained move above and scenario one has a better probability of playing out. A failure there and scenario 2 seems more likely.
I have a limit buy order at 108.90, targeting the 112 level.
Xau-UsdThe market is moving in a uptrend after the channel breakout in the monthly time frame. So now we can see the market has taken a buy trend. Now the best trade setup would be to enter the market near the support zone which has been mentioned. So that the risk to reward will be good. So hoping for a retracement to go for a long trade setup. So lets see what the market does in the coming days.
GBPUSD - Short i am shorting sterling as i believe there is more downside potential in this pair.
hopefully we can see at least a 100 pip movement this week
$USRM From .0045 Onwards She is Ready for the 4th Leg UpBy far one of my top 3 favorite stocks so far this year, our Bio baby has proven her stamina. She has hit the .08 support at triple bottom and is ready for a 4th massive move upwards. With Institutional investors now throwing upwards of $5 million in financing at her for a stake in what is to be a potential FDA approval after a more than likely RMAT approval, its no wonder she is up almost 20,000% as of today from where we first found her. This is a perfect time to get back in if you already sold and are looking for another entry point for the next leg up.
$ATTBF History Repeats Itself 2014 Run from .0125 to $2.85Remember the first MJ Rush in 2014? $ATTBF one of the few stocks HQ'ed in Canada but traded in America with its second symbol went from .0125 to $2.85 on Colorado recreationally legalizing MJ back in 2012 and the law was implemented that year and a few others legalized it recreationally and medically as well. Well now that beautiful rush has come full circle once again. Those states that legalized it that year implemented it last year and those profits will be on balance sheets this year, in addition Canada is going to approve recreationally Marijuana legally across their entire country on April 20th. With $ATTBF HQ'ed in Canada this is the green gold everyone will be waiting for. MJ stocks will shoot up, but MJ stocks from Canada will more than likely shoot even higher. $ATTBF has the best of both worlds, Bio and Medical Marijuana and other MJ products, a beautiful marriage of everything we love in both worlds. The chart and technical are primed for a beautiful run upwards. I would not say its outrageous to suggest a PPS target of $3.00 or more this time around. As can be seen, this stock has shown true strength and movement when it wants to.
FTSE 100 – Bearish Marubozu, Sub-7300 levels likelyFriday’s bearish maurbozu candle followed by a failure to hold above the rising trend line coming from June 24 low (referendum day low) suggests the index is more likely to take out 7300 levels and drop to 7255 levels (head and shoulder neckline).
The daily RSI is hovering below 50.00 levels as well.
On the higher side, only a daily close above 7384 would revive bullish view.
LULU breaks major trendline.Technically speaking
LULU has broken an uptrend line going back to 2009.
The next support level is $45.
Fundamentals
Here is a good write-up on Lululemon.
I favor buying dips, but I am waiting to see where this stock finds demand.
$IDXG On The Run Again and this time it will be sustainedLet's recap $IDXG CC:
1. New York State and AETNA approvals of ThyraMIR®, microRNA assay
2. Talked about the Debt being restructured
3. No more offerings
4. Reduced operating costs
5. Talks of doing business with their BarreGen model
6. Talks of partnering with another bio he didn't discuss.
7. EPS value of $3.25 vs -($12.04) same quarter last year
8. Sales of $3.122 million.
9. Goldman, Rodman and Renshaw, Barclays were on the CC too big boys will be here soon enough count on it.
10. 64% of the S/S is SHORT
11. Raised $14 million in gross equity and restructured over $9.3 million of secured debt
12. Revenue increased 39%
Also most importantly the Patent Approval!!!
$IDXG European Patent Decision data.epo.org
ALSO FULL YEAR HIGHLIGHTS READ HERE: ih.advfn.com
$RGSE CEO Bought 15,000 shares on 17th No Debt and $18 Mil CashThis chart is a thing of beauty, if you blow it up on the daily and weekly and monthly you'll see why. It has cupped perfectly off the bottom and is ascending with higher and higher volume. Expecting much higher PPS Sooner rather than later.
My First Chart on $NSAV No R/S and Merger News/Acquisitions$NSAV Catalysts:
1. No R/S Announced
2. Reduction of A/S
3. Company merging with $CHIF to create a large MJ Recreational Spa and Resort at Naomi Villages in Colorado
4. Acquisition News on the horizon
5. Medical Cannabis Technology Business Announced
Chart:
Right now there was massive volume on Friday after no R/S was announced by the CEO in addition to the MJ merger news that was announced a few days before that. He also said that there will be more updates available and audited Fins to be announced soon as well.
$ENDV Update on Upcoming Catalysts and Pennant Breakout$ENDV Upcoming Catalysts:
1. Pre-Clinical Studies To Be Completed in first quarter of 2017
2. Application for IND Orphan Drug Status for its Cytotronics Product
3. Over 20 Patent Applications OWNED by the CEO and the Company
4. 10 Form 4s filed since Dec 2016 for Insider purchases of stock
5. A "Strategic Healthcare" Institutional Investor has Ponied up $15 mil to buy back Converts
6. Company paying off the rest of its debt with $2.2 million
7. Uplistment to a "National" exchange being considered
8. Has won their injunction against Kodiak Capital and other Financiers for diluting the stock
Chart:
There is now a clear pennant forming on the chart, support has held tremendously and the RSI and Fibs have reset to levels corresponding with a second major move up. All marks are checked and it looks ready. Pre-Clinical trials expected in the first quarter of this year.
$ICLD Massive Breakout what an absolute beautyDon't need much more to say other than I told you so lol
Short (EUR/CAD). Looking for more downsideTechnically speaking
Found resistance at 1.44
My first target on the downside is 1.41.
I am holding a long EUR/JPY position and have around 200 pips locked in.
So this EUR/CAD short is a hedge(somewhat) against my long but I didn't take the trade for that reason.
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Have a good day.
TLT-Looking to buy if support holds.Technically speaking
The ~116 level contains a confluence of support. The trendline going back to 2011 and the low prints going back to 2015 should provide support. We shall see.
On the updside, 128 is the first level of resistance.
What to do?
I will be looking to dips around the 116 level, targeting a move back toward 128. My willingness to buy will depend on price action around the 116 level.
I will update this chart when things change.
Oil has broken down. Will it last?Technically Speaking
The $52 level was important to hold, in my view.
We will have to wait and see where buyers come in, but I will be watching the $40 level.
There were a near record amount of spec long positions. So the potential for more downside is likely.
What to do?
As long as 52 holds the upside, I will be looking to sell rallies.
I will be targeting the $40 area.
AUD/USD at important support.Will (7500) hold?Technically Speaking
The 75 level has been an important pivot going back to September of 2016.
A weekly close below the 75 level and the 100(red line) and 200(green line) DMA's would likely lead to further losses.
If the 7500 level holds, I will be looking for long positions.
Here is where EUR/CAD could stall.The 1.43-4360 level has provided resistance going back to the first of December 2016.
I am looking at the 2 and 4 hour time frames for favorable price action.
If the 1.43 level holds the upside, I am looking at 1.41 as the first level of support.
GBP/USD - LONGLooking for a potential long on GBPUSD.
Still awaiting confirmation but these are the key confluences so far and the key confluences i will be looking for prior to an entry:
Key Confluences:
Daily rejection from 61.8% retracement.
Yellen speech on Friday caused dollar to weaken in anticipation for rate hike
Entry Criteria:
Wait for a break and retest of 1.23400 support/resistance level
1.23400 also coincides with 50% fib retracement,
MA crossover on lower time frames
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