Here’s another edition of our chart-based weekly with our FinTwit friend Rhum.
Every week he breaks down the weekly charts from some of the hottest tickers out there. These charts will show you some of the most hyped-up names of the week, and maybe even a few that might be good buying opportunities.
If you like the charts, don’t forget to support Rhum and his blog for his hard work and don’t hesitate to send in any chart requests either.
XLY – 2.0 May Not Offer Reprieve
Like much of the industry, Auxley Cannabis
Trade this one at your own risk.
SCOT – Golden Cross for Gold Explorer
With precious metals pricing outlook strong, this explorer may see some positive upward pressure over 2020.
LHS – Solid Earnings But No Pop
Liberty Health Sciences
Overall, a slow and steady growth is likely healthier for the stock and the chart is suggesting investors may start to see the growth they are looking for.
BU – Buy on the Sell?
Clearly many investors have been selling the news, however, the uptrend has held. Watch closely to see whether the bears win out or get brushed off.
If you appreciated the chart commentary by Rhum, keep in mind this isn’t his day job and he’s doing this to help investors. If you’ve made money based on his charting, don’t be afraid to give a little back.
The opinions provided in this article are those of the author and do not constitute investment advice. Readers should assume that the author and/or employees of Capital 10X hold positions in the company or companies mentioned in the article. For more information, please see our Content Disclaimer.