Looking to short TLT (t-bonds etf). Only if strong break below consolidation.
CADCHF breaking through longterm trendline going back to May 2010. Also from 23-month triangle. Longterm trade - nothing for daytraders! Decisive close above 0.7650 will allow to add. Next add if weekly close above 0.7740. Strong oil supports CAD. USDCAD could follow.
DOW broke out 17-month triangle last week and today confirmed break with test of the trendline. Decisive weekly close above 2005&2015 all time highs would clear way to strong multidecade breakout. First support at 55.00. Anticipatory long in today at 55.35. Will add if all time high cleared. SL weekly close below triangle. Have a look also at the weekly chart.
I missed this breakout /I concentrated to other similar stock PLS/. I hope there will be pullback to 0.44, which will allow better RR. But I am afraid there will be only north on the compass. First shipment from GXY mine will be sent soon: www.galaxyresources.com.au
Possible breakout from 4 month rectangle. Daily/weekly close above S/R zone, above fib, price above SMAs. possible impulsive move as in Apr/May. Developing fundamentals - emerging lithium mine in Australia. PLS-ASX
Established long position before anticipated breakout from the channel. Another lithium stock ASX:GXY already in strong uptrend - red line in chart. Target 0.50, SL 0.26, RR 2.0 Will add after daily close above 0.37.