Recent offering made by $HMTXF only for existing shareholdersThe offering constituting the private non-brokered placement of 15 Million units is only available to existing shareholders of the company, who as of the closing of business on May 16, 2022 hold common shares of Hemostemixby immediateSnow302260
What is Fibonacci extension?Hey everyone! 👋 Last time we explained some of the basics to know when it comes to understanding the Fibonacci retracement tool. If you haven’t read that post, be sure to check it out here: In this post, we are going to look at the Fibonacci extension along with a few exhibits that may help you solidify your understanding of this unique trading tool. Please remember this is an educational post to help everyone better understand investing and trading tools. In no way are we trying to promote a particular style of trading! Table of Contents: 1. What are Fibonacci extension levels? 2. What is the significance of extension levels? 3. How to find extension levels? 4. Difference between the Fibonacci retracement and Fibonacci extension Without further ado, let’s jump in! What are Fibonacci extension levels? A Fibonacci extension is a tool that can be used to find price targets or estimate how far a price may move after the retracement/pullback is over. Extension levels are also possible areas of interest where the price may stall or reverse. It can be used to find projected areas of support or resistance when the price is moving into an area where other methods of finding support or resistance are not applicable or evident. Fibonacci extension levels can be calculated to give the trader ideas on profit targets. Significance of Fibonacci extension levels Different traders use this tool differently but the most common usage is as follows: Fibonacci extensions can be used for any timeframe and in any market- stocks, commodities, cryptocurrencies, etc. Fibonacci extension levels indicate a price area that will be significant for the stock after the pullback/correction is over. Extension levels can be drawn on different price waves over time. When levels from these different waves converge at one price, that could be a very important area. For example , A stock may be in an uptrend. After a move up, it retraces to the 61.8% level. Then, it starts to go up again. In this case, the extension tool can be used to find the optimal targets after the price moves above the swing high level (100% level). How to find Fibonacci extension levels? In order to find the Fibonacci extension levels, you have to find the recent significant swing high and swing low and then plot the Fibonacci extension accordingly. For uptrend: First, select the swing low and then the swing high. Then go to the Fibonacci settings and select reverse. For downtrend: First, select the swing high and then the swing low. Then go to the Fibonacci settings and select reverse. Exhibit: Fibonacci extension in an uptrend Exhibit: Fibonacci extension in a downtrend Difference Between Fibonacci Retracements and Fibonacci Extensions Fibonacci retracements provide levels for a pullback whereas Fibonacci extensions provide levels in the direction of the existing trend. For instance, a stock goes from 50 to 100 and then falls back to 75. The move from 100 to 75 is a retracement. If the price starts rallying again and goes to 150, that is an extension because the price moved past the previous swing high which is 100 in this case. Conclusion: Adding Fibonacci analysis with other common methods of technical analysis can be useful for adding confluence to a trade. Thanks for reading! Hope this was helpful! See you all next week. 🙂 – Team TradingView Feel free to check us out on Twitter and Instagram for more awesome content! 💘 Editors' picksEducationby TradingView1818692
$IBOGF share distributionThe company has filled out all the space of security data over the OTC market with a total of 190.7 million as the share outstanding, out of which 70.15 million has been issued and allowed for publicly-traded activities viewed as share float. $IBOGF currently lands on a 6.5 million market cap. Boost your portfolio with $IBOGF, trading on the OTC platform.by immediateSnow302260
Still down side in TeslaExpect Tesla take support at Fib 61.8 % Waiting for RSI over soldShortby Vijayaraj593
Petroteq Energy Inc. Market Insight Petroteq Energy Inc. is a publicly-traded Canadian-holding company trading OTC with the ticker symbol $PQEFF, currently sits at $0.1998 with volume over 755K+ invest now for getting higher return in future Longby spoulhennryy110
swing trade( bearish view) , AAPLstock price is already broken the structure of higher highs and higher lows, and currently the price is moving in the bearish structure( lower lows and lower highs, parallely the volumes are hevay when the price moves downward and volumes are low when price is moving higher, safe trade can be taken when the price hits the retest area and there should be formation of healthy red candle with the heay volumes , setup:- entry can be taken below the low of that healthy red candle stoploss can be above the high of that candle views are only for educational purposes Shortby bhavyasharma4
Petroteq Energy Inc. Market InsightPetroteq Energy Inc. is a publicly-traded Canadian-holding company trading OTC with the ticker symbol $PQEFF, currently sits at $0.21 with volume constantly increasing over $439k+Longby spoulhennryy0
TESLA CHARTBearish chart pattern for Tesla, chart show the bearishness till get Green indication Shortby KP_option113
The intention of the company behind offering equityThe company intends to use the proceeds of the offering for working capital and general corporate process.Longby spoulhennryy111
Security BriefingThe company has not yet revealed any information regarding the authorized share but has briefed the share out of 767.7 million with float details of 87.08 million for free trade and investment.by immediateSnow302260
$PQEFF market cap crosses over 155 million marksPetroteq Energy Inc. specializes in developing and implementing its proprietary oil sand extraction and remediation technologies. The company offers a share price of $0.2042 with an adequate volume of 1.55 million today, with an average of 1.47M. The market cap sits at 155 million on OTC, trading within $0.20-$0.2196. by immediateSnow302260
Trading volume and stock price of $PQEFF todayThe ticker $PQEFF currently trading with $0.205 as the initial share offering and has obtained 1.55 million+ volume so far.by immediateSnow302260
HMTXF rose 3.6 percent following the report of a secured convertAfter disclosing a secured non-brokered private offering of up to $7.2 million units at $0.14 apiece for gross revenues of roughly $1 million, $HMTXF jumped 3.6 percent on last peek.by immediateSnow302260
$HMTXF surpassed $19M market cap valuation recentlyThe market capitalization of Hemostemix has positioned itself very well; the valuation is over $19 Million and is mounting rapidly every dayby immediateSnow302260
$PQEFF Market cap exceed the $185M markPQEFF on the last look had surpassed the $185M target in terms of its market cap valuation, which is on the invariable rise since the past week.by immediateSnow302260
Chewy Gapped Down On EarningsChewy is an ecommerce only business providing pet medications, food, treats and other pet-health products and services for dogs, cats, fish, birds, small pets, horses, and reptiles. It gapped down quite significantly on earnings and is trading outside of its lower Bollingers which should at some stage see a snap back. If your broker supports it, I'd probably run a trailing buy on it, otherwise keep an eye out for a turn-around before investing in case it keeps dropping. Worth a watch as a shorter term gap play. Price outside of and below lower Bollingers. Longby zAngusUpdated 2217
Adobe stock price near 50DMAStrategy: Wait & Watch till the Quarterly result this month. Best case: Break out above 440 can take the price to 530-540 Worst case: Break down below 380 can 300-310 Or may it may remain in this tight range of 380-440 by sandeep6883110
$AMLH Market ResearchAmerican Leisure Holdings Inc. is operated as a development-stage company, with the ticker $AMLH on OTC. The company is offering a price of $0.0007 per share; it traded $355K+ volume with $29.01M+ average volume.by immediateSnow302260
American Leisure Holdings Inc. share staticsAmerican Leisure Holdings Inc. is a leading American-holding company with an average volume of $29.01M in the last 30 days Implied Shares Outstanding.by immediateSnow302260
$AMLH ahead on the OTC index with a significant jump$AMLH moving up the ladder to greatness with an 7.69% spike in value per share, it is evident that the stock might exhibit an aggressive bull run shortly.by immediateSnow302260
$AMLH market cap valuation crossed $2.5MThe market capitalization of $AMLH has held its stance firmly and is valued at 2.5M presently as in context of the industry standards and is slowly mounting up.by immediateSnow302260
#TSLA vs #BTCUSDThe rout has been across both the sectors. One need not blame only Cryptos !!by Mayur-Shah0