N_I_G

N_I_G

I was short TLRY at the beginning of the year, I am now long TLRY as it continues consolidating around 1.67. Good volume accumulation as a function of time and strong volume accumulation as a function of price. RSI looks good, fundamentalists would say good things about it but i am focused on price.

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A famous trader called this the "Widow Maker" due to how volatile Natural gas tends to be. The weekly closed on 0% change, showing some base formation. A double bottom pattern is a classic technical analysis charting formation that represents a major change in trend and a momentum reversal from a prior down move in market trading. The 1st target is at the...

N_I_G Updated 

The last four trading days saw gas closing lower after attempting to breakout(see prior post) and in so doing, filled the gap created on the 17th of April. I am still long on this and have not closed my swing trade. Technicals: chart: A potential descending triangle is forming. Volume: Massive build up on volume over the last few weeks. RSI: ... Whether...

N_I_G Updated 

No position open yet. The Fed raised rates by another 25bps the past week and indicated that more rates are still likely to occur in the future. My long entry point at $78 is to allow the market to breath a bit after the recent rally. China recently eased their covid zero policy and so economic activity should pick up going forward, this is good news for...

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Alphabet, Inc. engages in the business of delivering online advertising, cloud-based solutions that provide enterprise customers with infrastructure and platform services, the provision of communication and collaboration tools, and sales of other products and services such as apps and in-app purchases, hardware, and subscription-based products. It operates under...

N_I_G

Natural Gas update Still hold a position on Nat Gas as the potential weekly double bottom continues to be confirmed with 1st target price being on the neckline/ resistance line. The past week was mostly sideways, giving signs that the bull are now standing their ground over the bears. Things to look out for Contract switch US Natural Gas Stocks Change ...

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I know it sounds wild but what if ... $3459.99 "Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of...

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Seasonality may be coming into effect in the next few weeks. Which ever the case may be, it is never a stronger rand but rather a weaker dollar. Historical, March is a period in which the dollar weakens a bit and markets rally a bit before a strong sell off through to April/May. This should benefit the rand. I am neutral on this pair because the dollar is trading...

N_I_G

SNAP should change it's name back to Snapchat so investors know what it is, because right now, all it has done so far is snap the bulls necks. Snap is already down 87% from it's ATH and now looks ready to test its ATL after the past week's hard rejection at $12.67.

N_I_G

Netflix , Inc operates as a streaming entertainment service company. The firm provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD .

N_I_G Updated 

Netflix , Inc operates as a streaming entertainment service company. The firm provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD . The main reason why we pay for a subscription service is to...

N_I_G Updated 

Bullish case Will the Inverse head and shoulders setup breakout before the world cup is lifted...? Who's receiving the golden boot ... @ $1970 Bearish case This world cup may have been too expensive, the rising wedge could punch all the balls in the final.

N_I_G

No position open yet. Waiting for a breakdown. The Fed will be announcing another rate hike this week, and in so pushing economy further towards spending cuts. During high interest rates environment, do you prioritise pot or food costs?

N_I_G

The US500 futures have declined about 18% during the past year's bear market. Most of the index's constituents are overbought and signal a top from here. VIX has been oversold for some time and is due for a rally higher. GDP numbers may have eased recession fears but Inflation remains high, If PCE numbers fall below expectations, this could trigger the next +/-18% decline.

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NASDAQ:TLRY Tilray Brands Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. It operates through five segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, Wellness Business, and Business Under Development. The company provides medical and adult-use cannabis products;...