TribalHound

TribalHound

Season Trend reversal for S&P as we enter the traditionally unfavourable month of Feb. Off the back of the June '23 - Aug '23 top for ES we see a very similar pattern and trend forming over the same 44d time period. On the basis that Feb is rarely kind to Indexes we can look to a repeat of a similar pullback that followed. Add to that S&P left a lovely gap on...

TribalHound Updated 

$BTC has pulled an impressive move - up 40% from 'the bottom' (just like in 2018). But nothing in Crypto gives you an easy ride - so looking back at 2018 (last 4 year cycle) we see the same level of gains - over a similar period. If we were to literally compare the two then BTC is about to claw back 50% of it's gains before a slow run uphill. Finally breaking...

TribalHound

BTC looks to be coming to the end of the line for a move it started on 9th November. Starting real soon is a repeat of the 7th - 9th November drop, so expect 2 days of near freefall and an occasional relief bounce before it settles for another 2 weeks (maybe less). Note the almost identical angle it broke down from 5th to 9th v this breakdown from 19th. Not...

TribalHound

IHS pattern playing out and breakout from Resistance. EMAs converging to crossover to the upside. Gonna be a great weekend.

TribalHound

www.wyckoffanalytics.com Looks like BTC is entering phase D of the classic Wyckoff Distribution pattern. It doesn't get anymore textbook than this.

TribalHound

LSE:TGP Tekmar I find it hard to believe that this (fairly newly) listed green energy backing company has suffered such a beating - even with the Global Pandemic. There has been almost all positive news since inception and a series of growth figures and contract wins that quite frankly put a number of considerably larger companies in the sector to shame. With...

TribalHound Updated 

Following on from my published Jan 2020 idea (also VLS) and taking profits 6 months later at 12p (almost 6x gains) I'd say it looks like VLS could be just about done retracing here..... ..... time to re-enter and start scaling back in from 5p downwards. My 'gut' says we could dip as low as 3.75p (pointed out on the chart) by the end July - maybe with a spike...

TribalHound

Looks like this move could take a couple of weeks to play out if the 42 - 28 k correction is anything to go buy. Time to catch up on some lost sleep with your low bids on the table. Sure - BTC bull run isn't done yet - but high leverage (or any leverage) trading in the chop is a quick way to erode your hard earned profits. Sleep well my friends.... (Don't...

TribalHound

We've now been suffering from the Covid Effect on the markets for a little over 6 month. A sudden drop in March saw losses become opportunities and we look to have found the the top of the first rally - although in Dec 01 & May 08 we saw a further extension on the 'initial' bounce - followed by further sustained losses. With half year reports on the horizon, we...

TribalHound Updated 

LSE:VRE - clear indication that VR Technology is set for orbit LSE:VRE joined the AIM market in March 2018. After a brief 3 month run upwards the downward pressure began, with a clear breakout signal (with volume) from the descending wedge on 21st October. The retrace is just about over, and we may range from 6.5 to 8 for a while, but this won't last for long as...

TribalHound

Little known LSE:BILL (Billing Services Group) has just announced a 'Special Dividend' which against todays share price represents a 70% cashback to be paid in less than a month. How often, when the world is going crazy, and prices are literally in free fall, do you ever get an opportunity like this ?? AIM listed - with Net assets of + £16.5m and a limited...

TribalHound

LSE:EVRH has undergone some downward pressure since June 2019, very similar to that which it experienced from March 2017, right before a meteoric rise. It would be easy to assume that with the current down trend in price that there was little to celebrate. But with very little bad news, and lots of positive news about John Gore (Broadway fame) investing and...

TribalHound Updated 

LSE:VLS has been undergoing some considerable downward movements over the years, but has now broken out of its (very steep) descending channel. Looking at the 'business' it underwent a major setback early to mid 2018 with a leak in the reactor, which wasn't attributed to them, but they clearly suffered because of it. Global Carbon Offsetting is growing...

TribalHound Updated 

Relatively new to the LSE:ANG is one of only a handful of retail success stories. Just a little dip to the support line and I see no reason why this can't catapult back to near £1.00 price tag. Maybe even a spike above. With the global economy heading for recession - and uncertainty around Brexit / Who will lead the country..... maybe it's time to go fishing...