LSH21 Lumber Mar '21

Is this a top for Lumber???? The price is showing negative divergence with the RSI and volume, and the moving averages are starting to turn lower. The current price is right on previous resistance level.

XPTUSD Platinum

 

This 20 year chart shows Platinum bottomed earlier this year (an 18 year low), and offers plenty of upside potential. No worries about platinum going bankrupt.

BTCUSD Bitcoin - USD

 

Bitcoin 5 day chart, as long as it holds the 26,000 support level it's still bullish however it is getting a little overextended here.

VEGA.CN Plantx Life Inc.

 

Plant Life is a new small cap that has corrected from it's last bull move and found support at 50%, with the RSI holding above the 50 level, so bullish for now.

BYND Beyond Meat Inc

 

BYND still in the bear camp but strong support at $120, will it hold?

NNOX Nano-X Imaging Ltd

 

NNOX looks to be turning back down with RSI and moving averages turning down. Support is at $40.

TSNP Tesoro Enterprises Inc

 

TSNP has moved back to the 50% of the correction, now forming a bear flag. If the stock turns down from here the first support is at 10 and further support at 4 cents.

M Macy's Inc

 

M has consolidated for about a month after a 100% move,  now with the moving averages and the RSI turning up we may be starting the next up move. Price would project to the $16 area. Out of 10 analysts only 1 has a strong but rating.

CCH21 Cocoa Mar '21

 

Cocoa is showing a classic 62% fibonacci retracement and a bull flag formation. If the pattern is correct the price projects to 3013. The moving averages and RSI are confirming the bull move.

SPCE Virgin Galactic Holdings Inc

 

SPCE has pulled back to the 62% fibonacci retracement level of $24 which was a previous resistance level, the stock came off over bought levels and is still bullish for now. 4 analysts rate it a strong buy.

TRIL Trillium Therapeutic

 

TRIL has bounced off $12 support level, with moving averages crossing and RSI moving back it provides us with a low risk entry point for the next up move. 6 analysts have it rated as a strong buy with price targets from $14-$24.

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RIDE Lordstown Motors Corp

 

RIDE bounced off support 3 days ago and turned up nicely, the moving averages have turned up and the RSI crossed above 50.

MMED.NE Mind Medicine Inc

 

MMED nice quick pull back from the big advance, and it stops right on the moving average, the RSI is still above 50, watch closely for re-entry.

PLL Piedmont Lithium Ltd ADR

 

PLL like other Lithium stocks have started to wake up again and look bullish with RSI and moving averages confirming. Almost breaking out.

PLTR Palantir Technologies Inc Cl A

 

PLTR tripled in value from the get go in less than 2 months, then consolidated, and now looks like it wants to continue the bullish trend.

DTIL Precision Biosciences Inc

 

DTIL has bounced off support at $7 (which was resistance), RSI has also crossed above 50. The stock has 6 analysts that are bullish with targets between $10-$25.

NIO Nio Inc

 

NIO is the strongest of the secondary EV stocks, it bounced off support and with the moving averages and RSI telling us it wants to move back up again.

MWH21 Spring Wheat Mar '21

 

Spring Wheat has corrected and may be ready for the next up move as the moving averages have crossed back up. The pattern projects to $618, will it get there?

ETHUSD Ethereum - USD

 

Ethereum is looking as the weakest of the major cryptos. The has made a new high, however the RSI and even volume have not, creating a bearish divergence. Short term support is at $630.

LAZR Luminar Technologies Inc

LAZR has pulled back about 70% of it's advance and has bounced off support, looking at the moving averages and RSI it may be ready for the next move up.

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MacroVoices #250 Kyle Bass: Commodity Bull Market, Inflation & Singapore

 

HYLN Hyliion Hldg Corp Cl A

 

Lots going on with HYLN, the stock bottomed near support in the $15 area, the double bottom is showing a bullish divergence, and it broke the down trend line. Although the RSI has not yet broken 50, it is showing strong early bullish signs.

YQ 17 Education & Technology Group Inc American Dep

 

With only 2 weeks of trading, we have seen YQ more than double immediately then correct more than 75% of the advance. With the moving averages turning and the RSI crossing 50 today we may be back in the bullish mode.

HIVE.TO Hive Blockchain Technologies Inc

 

HIVE.TO a simple moving averages cross plus a RSI crossing above 50 buy strategy, would have made you about 6X your money in just over 2 months. Time to start learning technical analysis.

SIL G-X Silver Miners ETF

 

Silver miners stayed above strong support at $38, and are in good position to move higher if silver bullion does it's job.

SLV Silver Trust Ishares

 

SLV has finally broken the down trend line and is perking up, the moving averages have crossed and the RSI is above 50. Looking bullish.

MMEDF Mind Medicine Mindmed Inc

 

Mind Medicine is the bellweather of the "mushroom" stocks, and the price action of the last 2 days indicates of possible trouble ahead. Is this the "blowoff top" or a healthy correction? A lower risk trade near support at $2.00 for those who are more cautious.

DOC.VN Cloudmd Software & Services Inc.

 

DOC has retraced about 50% of it's advance and found support at $2.00 with further support below at $1.80 level. Watch the RSI and the moving averages for the buy signal.

RKT Rocket Companies Inc Cl A

 

RKT it looks like we may finally be ready for "lift off" on Rocket. 😉

EXEL Exelixis Inc

 

EXEL bottomed and has broken the down trend line from the highs, the moving averages are turning up and the RSI crossed above 50. 8 analysts rate it a strong buy with targets between $35-$40.

NVO.VN Novo Resources Corp

 

NVO.VN getting hit hard like all other gold stocks, this is getting very over sold, and may find support near $1.90 or $1.40. They are supposed to have their first gold pour in Q1 of 2021. Good potential gains when gold turns up.

MEG.TO Meg Energy Corp

 

MEG.TO If you have given up on energy stocks you may want to reconsider as many look like they have put in a bottom and may be poised for long term growth. Here is one example, with longer term charts even more bullish.

SPLK Splunk Inc

 

SPLK has corrected over 50% of the advance from the March lows and may have found a bottom. The last 2 times the RSI touched 30 and bounced up (over sold) provided good returns.  12 strong buy ratings with price targets between $157-$300.

DBX Dropbox Inc

 

DBX showing signs of life again with indicators moving back up, although very short term may be a bit extended. 6 analysts following with 5 strong buy ratings and price targets of $24-$30.

KCH21 Coffee Mar '21

 

Coffee has pulled back about 50% of it's recent move upward and has found support in the 115.00 area. RSI still above 50, and if the up move continues the price projection will be the old highs near 135.

NNOX Nano-X Imaging Ltd

 

NNOX formed a double top and then pulled back to support around $40. RSI is still above 50, and the stock still has some room to the upside.

Gold Platinum Spread

 

Gold has almost always traded at a discount to Platinum, but starting about 5 years ago that changed. Platinum recently traded at over $1,000 discount to gold, but it looks like that trend may now be reversing back to "normal".

LTCUSD Litecoin - USD

 

Are double tops forming on all the major crypto currencies? With LTC Litecoin we had 2 attempts to clear $95 without success, although support has been found between $65-$70 for now. Strength is waning but still slightly positive. Be careful.

REMX Rare Earth/Strategic Metals Vaneck ETF

 

REMX on a 10 year chart it looks like a nice double bottom has been made, and moving back up with RSI above 50 and moving averages crossing up. Maybe extended short term but still lots of upside.

GP Greenpower Motor Company Inc

 

GP broke the 50 RSI level and the moving averages crossed in mid November, it has since pulled back 60% and found support.  The RSI has stayed above 50, wants to move back up. In after hours trading the stock was down 5%.

ZMF21 Soybean Meal January 2021

 

Looks like the Soybean Meal bull market is now over, and profits should be taken. A long position taken in late August could have gained you at least 80.00 points or $8,000 per contract. Not bad considering the margin is about $1,000.

SPCE Virgin Galactic Holdings Inc

 

SPCE moved up 17% today, it has about $8 to go before it hits it's all time high from February. Volume is much lower now, and RSI is over bought.

SOLO Electrameccanica Vehs Corp

 

SOLO bounced off of $6 support, and looks like it could be over for this pullback. Needs the sector to help it move higher.

NBAC Newborn Acquisition Corp

 

NBAC this "SPAC" stock corrected big but the RSI is still above 50 and the short term moving averages are turning back up, bullish short term for now.

BLNK Blink Charging Company

 

BLNK has pulled back to the full Fibonacci retracement and bounced up, good for now but traders will have to be nimble with this volatile stock.

BIGC Bigcommerce Holdings Inc

 

BIGC was brought to your attention before, the stock has broken the down trend lind, and the RSI crossed above 50, it's looking more like a new bull run.

NIO Nio Inc

 

NIO chart is similar to others in the EV industry, and it is looking a little worrisome. RSI dipped below 50 showing that strength is falling and the moving averages are turning down. There is support at $38 but it must hold and turn up for investors to regain confidence. For now be warned.

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DNLI Denali Therapeutics Inc

 

DNLI had a short quick pullback and looks like it wants to continue with the bull move, the RSI turning back up. 5 analysts rate the stock a strong buy.

GORO Gold Resource Corp

 

GORO broke it's down trend line several days ago, now it's moving higher with the moving averages and RSI confirming the move. One analyst has a price target of $7.50

SBS Cia DE Saneamento Basico Do Estado

 

SBS has turned bullish with indicators confirming the move. Cheap fundamental metrics make it a value stock, but it's based in Brazil.

LMNX Luminex Corp

 

Luminex has found a bottom and is now bullish, with it's short term moving averages turning up and the RSI crossing above 50. Only one strong buy with targets between $22-$42.