nanoOne Materials Corp. – A Canadian company engaged in developping an industrial process to produce energy storage materials for electric batteries – had previously launched an upward trend resumption signal. TSX-V:NNO Weekly Price Chart – 8 Feb 2019 Unfortunately this signal went unconfirmed and the price consolidation resumed thereafter. TSX-V NNO Weekly Price Chart – […]
INTREXON CORP., Insiders Buying On Support
Intrexon Corp., a synthetic biology company, has seen its stock market price trending down above a long term trend line that is now being tested for the third time with a significant increase in trading volumes. There is a good chance to see another bounce developing from here above §4.5 per share, which is also […]
Ripple, a Major Volatility Event
In a previous post “Ripple, This Time Is Really Different” from September 2018 we highlighted that the XRP/USD breakout was uncommon from a technical view point and suggested that: Bullish case will remain valid as long as the price does not close below the recent tweezers bottom at $0.246 (even if it spikes temporarily below […]
Ripple/Bitcoin price ratio at a very critical juncture
Ripple has significantly under-performed Bitcoin but now the price ratio sits on a major long term support on the weekly price chart (Source: Kraken). Breaking below it should initiate a massive sell-off but considering that the role of a support is to hold and given the RSI oversold condition it should not be surprising for […]
