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Bollinger band is extremely tight

Posted by steve101 on 25th of Jan 2023 at 03:49 pm

Bollinger band is extremely tight on ZSL: https://stockcharts.com/h-sc/ui?s=ZSL&p=D&yr=0&mn=7&dy=0&id=p87833089133&a=334149954&listNum=61


https://www.elliottwavetrader.net/p/analysis/GLD-Trying-To-Break-Out-202301138269610.html

One of the Elliot wave guys thinks Gold may try a direct breakout above resistance without a proper wave 2 correction. Does he know that retail sentiment on Gold is 92% bulls. How much more room to the upside is there with that many on the bullish side?

"As I write this, the GLD is attempting to break out despite not seeing a clearly defined 2nd wave.  Yet, the GDX or silver have not done so.  Moreover, the MACD has now turned up again even though it has not turned down to the ideal pullback set up.  So, it may attempt a direct break out.

But, if the GLD will break out, I would expect GDX and silver to follow. So, I will be watching these resistances over the coming week."

CGC

Posted by steve101 on 13th of Nov 2022 at 03:00 pm

https://stockcharts.com/h-sc/ui?s=CGC&p=W&yr=4&mn=0&dy=0&id=p1430031897c&a=648303529&listNum=36

Look at the volume on the weekly chart. Looks like a 1, 2 pattern with more upside to come.

Cycles guy on markets video: https://www.youtube.com/watch?v=ubV4WtY9zQQ

I did take PUBM Matt.

PUBM and ASAN

Posted by steve101 on 10th of Nov 2021 at 12:12 pm

I did take PUBM Matt. That was a good one. Still in it. Think it gets a bit above 50 before its done.

Stayed in GSS since August

Posted by steve101 on 1st of Nov 2021 at 12:44 pm

Stayed in GSS since August pullback to 2.15. They have been drilling out high grade gold intercepts across from Wassa mine. Should continue to outoerform: https://finviz.com/quote.ashx?t=gss&ty=c&ta=1&p=d 

Could BABA have bottomed? Looks

Posted by steve101 on 5th of Sep 2021 at 11:18 am

Could BABA have bottomed? Looks like an ABC corrective pattern and a reversal. If Dollar going down, emerging market stocks should reverse to the upside with the dollar reversing to the downside:

https://stockcharts.com/h-sc/ui?s=baba&p=W&yr=4&mn=0&dy=0&id=p40618692853&a=268404626&listNum=6

https://www.marketwatch.com/story/heres-another-sign-the-bull-market-is-near-a-peak-and-this-one-bears-watching-11628233932

Quite the move: https://stockcharts.com/h-sc/ui?s=astr&p=D&yr=0&mn=6&dy=0&id=p58137076282&a=807021743&listNum=59

snagged this one the day

Posted by steve101 on 4th of Aug 2021 at 09:08 am

snagged this one the day it started to break out at 2.40. It was the most oversold on my scan when mining stocks bottomed. Bullish pattern. Looks like more upside coming: https://stockcharts.com/h-sc/ui?s=GSS&p=D&yr=0&mn=9&dy=3&id=p11503955704&a=845855999&listNum=36

AVIR: Fauci to question in

Posted by steve101 on 28th of Jul 2021 at 08:13 am

AVIR: Fauci to question in Scientific American regarding drugs potentially getting US funding for Covid Pill. Funding would spike AVIR price- Can you say anything about which drugs are being considered now?“There are a few drugs that are out there. For instance, a protease inhibitor from Pfizer [currently known as PF-07321332], a drug called molnupiravir from Merck and a drug from Atea Pharmaceuticals [AT-527]. The purpose of the APP is to develop a more robust pipeline.” Clinical trials data ( non-hospitalized and hospitalized) will be another catalyst. I hope they release non-hospitalized trial data first as the trial will be completed on Aug-03. The company is suggesting data showing  80% reduction  in viral load will translate to milder symptoms and fewer days in hospital.

AGNC: Rising Mortgage Spread Signals Trouble

Posted by steve101 on 27th of Jul 2021 at 09:22 pm

AGNC: Rising Mortgage Spread Signals Trouble For Agency REITs

  • While agency mortgage REITs carry minimal credit risks, they carry immense exposure to the spread between mortgages and treasuries.
  • This spread has been artificially suppressed by the Federal Reserve's immense mortgage-backed-security purchase program.
  • The Fed's ability to keep the mortgage spread below its equilibrium level is fading despite continued purchase pressures.
  • The coming end to the eviction moratorium or Federal Reserve tapering may create dislocations that catalyze a larger widening of the mortgage spread.
  • As the mortgage spread normalizes, AGNC's book value may decline 20-40% - making for a short opportunity for those looking to hedge against downside risks.

Moving averages 9, 20, 50

Posted by steve101 on 22nd of Jul 2021 at 12:57 pm

Moving averages 9, 20, 50 now in bullish allignment, moving average ribbon getting there too from a tight coil. Back in this past four days:

https://stockcharts.com/h-sc/ui?s=AVIR&p=D&yr=0&mn=6&dy=0&id=p75739556793&a=967808410&listNum=59

Other nuc. inhibitors that could

Posted by steve101 on 19th of Jul 2021 at 06:50 pm

Other nuc. inhibitors that could work if Delta variant continues to spread rapidly across the world besides AVIR, are NVAX and BNTX:   NVAX had a nice day today interesting wedge pattern:

https://stockcharts.com/h-sc/ui?s=NVAX&p=W&yr=4&mn=0&dy=0&id=p40618692853&a=268404626&listNum=6 

Back in AVIR. Remember this

Posted by steve101 on 19th of Jul 2021 at 06:29 pm

Back in AVIR. Remember this pharma company has a Covid pill now in phase 3 trials and a partnership with a big pharma company who provided funds for meeting milestones. With the rise of the delta variant and fears about that... Look at the moving average ribbon. The basing pattern. And how deep this corrected. Strength today: https://stockcharts.com/h-sc/ui?s=AVIR&p=D&yr=0&mn=6&dy=0&id=p06982194042&a=951048442&listNum=59

Someone mentioned DGNR. Looked at

Posted by steve101 on 14th of Jul 2021 at 11:18 am

Someone mentioned DGNR. Looked at the weekly chart. Basing since May. Quadruple positive divergence on RSI 5:   https://stockcharts.com/h-sc/ui?s=DGNR&p=W&yr=3&mn=0&dy=0&id=p36616265736&a=971280028& listNum=114

Wow, does this make up

Posted by steve101 on 2nd of Jul 2021 at 01:09 pm

Wow, does this make up for the AVIR trade. Glad I stayed in HOL into its  coversion to ASTR:   https://stockcharts.com/freecharts/pnf.php?c=ASTR,PWTAWANRBO[PA][D][F1!3!!!2!20]

ASTR weekly is interesting: https://stockcharts.com/h-sc/ui?s=ASTR&p=W&yr=3&mn=0&dy=0&id=p36616265736&a=971280028&listNum=114

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