NASDAQ (04/17/2020) - Tech giants are likely to go up!
FA
-Gilead science has announced that they might have found the drug to fight Covid-19.
Here what we know so far: + They used remdesivir, which is for fighting AIDS.
+ Testing sample: trial 1: 7 out of 53 people died. Trial 2: 2 out of 125 people died. Most of the patients were discharged within weeks
+ The drug has side effects on some patients.
-China GDP is down 6.7% in Q1
-Trump is urging places, where Cov-19 cases have declined, to open back the business.
-New relief bills are considering.
TA
-Short squeeze
-The trend might stop at 2888 level. If it breaks 2888, expecting another 5% bullish.
Good luck
-Gilead science has announced that they might have found the drug to fight Covid-19.
Here what we know so far: + They used remdesivir, which is for fighting AIDS.
+ Testing sample: trial 1: 7 out of 53 people died. Trial 2: 2 out of 125 people died. Most of the patients were discharged within weeks
+ The drug has side effects on some patients.
-China GDP is down 6.7% in Q1
-Trump is urging places, where Cov-19 cases have declined, to open back the business.
-New relief bills are considering.
TA
-Short squeeze
-The trend might stop at 2888 level. If it breaks 2888, expecting another 5% bullish.
Good luck
Comment:
Nasdaq 8880
Comment:
It's a short opportunity