weekend report #11 - amazon web services

Weekend Report #11 AG Stock Picks Subscribers Exclusive: Not for distribution on public forums

November 1, 2020

AVCR - HMAN - KNR - LIDA - LKY - MMED - TRIP - VEXT

WWW.AGSTOCKPICKS.COM 1

http://www.agstockpicks.com

Legal Disclaimer

I am offering ideas for your consideration and education. I am not offering financial advice. I am not a financial or investment advisor and am acting in the sole capacity of a reports writer. I am a fellow investor and trader sharing his thoughts for educational and informational purposes only. This service is a 100% subscriber supported. No compensation is received by the owner from any of the companies mentioned for the recommendation of a stock in this service (if this changes or there is exception-it will be clearly disclosed to the subscribers). Opinions and analyses were based on data available to authors of respective reports at the time of writing. Although the information provided in the reports is based on careful research and sources that are believed to be accurate, the service provider does not guarantee the accuracy or thoroughness of the data or information reported. The opinions published on this Discord server belong to the author or respective associates and are neither an offer nor a recommendation to purchase or sell securities.

The author does not recommend services, products, business or investment in any company mentioned in any of his essays or reports. Materials published in this report have been prepared for your private use and their sole purpose is to educate readers about various investments. By reading the author’s essays or reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these essays or reports. Investing, trading and speculation in any financial markets may involve high risk of loss. We strongly advise that you consult a certified investment advisor and we encourage you to do your own research before making any investment decision. The author and affiliates, as well as members of their families, may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.



Trading Tips

Carefully consider the outlined risks and do your own research before entering or exiting a trade. Here are some tips: - Check the macro/sector sentiment on the day of the trade. If the market/sector is

down, expect the downward pressure on the stocks in that sector. It may be a buying opportunity if you expect a rebound or it could be time to sell your existing position if you expect the sentiment to worsen.

- Check the company’s filings on SEDAR. Look specifically for warrants, recent financings, deals that involve issuance of shares/warrants at a low or “deemed price” (meaning free). If you see asks being loaded or what looks like paper liquidation (typically done through Anonymous), it may be a good idea to set a stop loss near major support level or to sell if there is loose paper priced significantly below current stock price.

- Check the social media and popular stock forums (ceo.ca, stockhouse.com, etc.) for investor sentiment and due diligence shared by others. There may be a good reason why a certain stock is up/down or it could be just irrational fear or euphoria.

- Do not dismiss “bashers” or “pumpers” out of hand if they provide supporting evidence for their views.

- Do not fall in love with a stock, no matter how good the story is. There is always risk of delays, missteps by management and wider market sentiment changing. Consider locking at least partial profits or using a trailing stop loss on major swings up and using mental or actual stop loss below major support levels.

- Wildest swings in stock price (and volume) usually occur during the first and the last trading hours. It may be a good time to buy or sell, depending on sentiment.

- “Quiet Hour”, usually between 11:00am and 12:30pm, may present an opportunity to enter “hot” stocks that have run up significantly in the early trading and that you expect to keep running due to game changing news or other reasons. Most traders take a break during that time and a retrace is common with short sellers taking advantage of drop in volume and with nervous investors thinking the run may be coming to an end and panic-selling.



http://ceo.ca

http://stockhouse.com

Market Outlook

There is no doubt that the main event of the upcoming week is the US presidential election. At least some volatility is guaranteed, no matter the outcome, but we are also facing a possibility of a contested election and/or social unrest. Markets don’t like uncertainty — something we have witnessed plenty of this year. If the outcome of the election is unclear, do not be surprised to see investors flee to safety, most stocks to sell off and liquidity to dry up in the short term. It is a good idea to have a good sized cash position and to take profits where there is an opportunity. Risk management/limiting losses becomes even more important in situations like that. Longer term picture looks far better for the markets, especially for precious metals. Both presidential candidates promised increased stimulus and infrastructure spending, meaning more money being created out of thin air, which bodes well for gold and silver. Biden/Harris ticket taking the win will likely spell at least a mini bull run for cannabis stocks but even republicans are warming up to the idea of country-wide legalization. Bitcoin should continue to make gains as more countries, banks and payment processors are looking to adopt digital currency transactions. Psychedelics sector is taking a breather right now but will make a comeback as more states/countries are considering legalization. COVID-19/pharma stocks continue to be both a safe haven from market fluctuations and rapid growth sector with battle against coronavirus expected to extend will into 2021.



AVCR.V Avricore Health Inc.


Market cap: $5MFloat: 63.4MLast close: 0.08


Snapshot: Biomed/pharma play trading below open .10 financing. Accumulation at .075 - .085. Risk: Low. Cheap and trading below .10 PP. Strong support at .075 (Fibonacci + EMA 50). Comments: Chart is showing signs of bottoming out around .08 with string support area below. The company announced an LOI with the yet to be announced publicly traded tech company and drug maker to integrate its point-of-care blood chemistry analyzer device. While the financing news caused a temporary drop/consolidation, the announcement of the Definitive Agreement could serve as a catalyst to start a new leg up.



HMAN.V Huntsman Exploration Inc.


Market cap: $8MFloat: 33.7MLast close: 0.24


Snapshot: Gold and Nickel explorer with highly prospective properties in Nevada and Australia. Accumulation at .20 - .22. Risk: Low. Well cashed up and trading near financing price. Historical/Fibonacci support at .20. Comments: Retraced from recent highs but showing signs of bottoming out around .20. Recently raised $5.64M in oversubscribed private placement at .20. High grade gold in Nevada and high grade nickel property in Australia, world’s top mining jurisdictions. Experienced management group that knows how to promote.



KNR.C Kontrol Energy Corp.


Market cap: $150MFloat: 35MLast close: 4.30


Snapshot: Biomed/energy management company with COVID-19 detection tech. Scaling in at 4.00 - 4.30 while managing risk with a stop loss. Risk: Medium. There’s still an open gap at 3.10 but also multiple catalysts in the pipeline. Strong support at 4.00 - 4.20 (psychological + EMA 20 + Fibonacci). Comments: Gap fill at 3.10 was attempted twice last week but failed, showing just how tightly held this float is. The entry point at 4.00+ is not as attractive but there are multiple catalysts pending that could send the stock to new highs within a week or two. KNR reported lower detection limits for their COVID-19 virus detection device last week. Meanwhile the Ontario government announced $700M earmarked for improving air quality in schools and government buildings. Within a few hours of the announcement, another government Twitter account put out a tweet about KNR’s BioCloud device. It could be a mere coincidence but it is clear that the government is looking seriously at BioCloud tech. In an earlier update, KNR state they expect commercialization to begin in early November.



LIDA.C Lida Resources Inc.


Market cap: $2.74MFloat: 55MLast close: 0.05


Snapshot: Early stage gold explorer in Peru. Accumulation at .045 - .05. Risk: Low. Oversold and hitting major support area but may take patience to develop. Comments: Deeply oversold with RSI @ 15. Last three trading days saw it find the bottom at .045. The project is in early stages and may take time for the next catalyst but at least a technical bounce is expected from oversold conditions.



LKY.V Lucky Minerals Inc.


Market cap: $3.7MFloat: 46.5MLast close: 0.08


Snapshot: Gold explorer in Ecuador. Accumulation at .075 - .08. Risk: Low. Oversold and trading in strong historical support area well below recent .15 financing. Comments: Oversold with RSI @ 26.4. Significant discount to recent .15 financing. Has not confirmed absolute bottom, so some caution is warranted but low risk from current levels given cheap market cap and tight float. Well cashed up for the season. Just completed sampling with further updates likely in the coming weeks.



MMED.NEO Mind Medicine Inc.

Snapshot: Psychedelic play. Pending NASDAQ up listing. Scaling in at ~ 1.00 while managing risk with a tight stop loss.




Risk: Medium. Good support (psychological + Fibonacci) at 1.00 and high liquidity but highly speculative. Comments: Testing psychological support at 1.00. Speculative trade that could see a quick jump to 1.15 - 1.30 area. Tight stop loss and trailing stop on move up is recommended.



TRIP.C Red Light Holland Corp.




Snapshot: Psychedelic play trading in historical support zone. Accumulation at .07 - .075. Risk: Low. Re-testing strong support area at .07. Well cashed up with catalysts expected this month. Comments: Re-testing historical support at .065 - .07 for a potential Double Bottom setup on the Daily chart. Expecting news of first psychedelic mushrooms harvest within a week or two. The management has been delivering on its timelines. Remains the only publicly listed company with the actual psychedelic products on store shelves in Europe.



VEXT.C Vext Science Inc.


Market cap: $9.3MFloat: 22.6MLast close: 0.41


Snapshot: US based Cannabis play. Accumulation at .35 - .40 while managing risk with a stop loss. Risk: Medium. Well cashed up, having just closed $6M financing at .36 but some macro headwinds possible. Comments: Chart is showing signs of potential reversal after finding bottom at .38. Overnight financing was filled very quickly, signalling a potential coming catalyst. Solid financials reported in Q2 2020 with revenue of $6.7M and adjusted EBITDA of $1.65M. Some short term macro uncertainty due to the US presidential election.



Disclosure On the date this report was published, the author held positions in KNR, TRIP.



weekend report #11 - amazon web services

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