The $USDTRY pair appears to be extremely overbought on longer time frames, which in other terms means that the Turkish Lira is massively oversold against the Greenback. On the six-month time frame this overbought condition is accompanied by a shooting star candle, which is a strong indication that the uptrend should stall (for the least) […]
To follow-up on the analysis posted two days ago, Nano One Materials Corp. #NNO (TSX-V) broke out during yesterday’s session (chart below does not account for the intraday high at 1.28 CAD).
Nano One Materials Corp. #NNO (TSX-V) is “a Canadian technology company with a scalable industrial process for producing low cost high performance battery materials and a wide range of other advanced nanostructured composites”, in particular with battery materials such as Lithium and Cobalt. The stock appears to have built a long term bottoming base and […]
#Mazor Robotics (MZOR) appears to be a perfect Weinstein winner. The price broke out of its long term trading range in March 2017 with a strong volume increase and with a positive relative strength compared to the NASDAQ Composite Index. The current consolidation phase should soon give way to higher prices. Disclosure: I am long […]
19 Aug 2017 Update In my humble opinion the market mantra is morphing from ‘Growth Investing’ into ‘Chasing For Yield’ as I observe that the higher yielding currencies that have been battered down for so long appear to be ending their long term loosing streak and the market is fed up with negative yields such […]