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First, we think that the COVID-19 saga is going to blow away as news of states reopening one after another and logically most people would not be staying at home. But now, with HK, China and other countries suffering a 2nd relapse of this contagious virus, it looks like more people will stay put at home rather than heading out to work.
Also, Employers are seeing the benefits of having their employees work from home. So, if telecommuting is going to be the working style post Covid-19 , then more and more will continue to stay home and work.
And they will have easier access to watching Netflix as a way to relax or catch up with the family (since going out is becoming a hassle).
Chart wise, it is still bullish and has some more room to move up.
First, we think that the COVID-19 saga is going to blow away as news of states reopening one after another and logically most people would not be staying at home. But now, with HK, China and other countries suffering a 2nd relapse of this contagious virus, it looks like more people will stay put at home rather than heading out to work.
Also, Employers are seeing the benefits of having their employees work from home. So, if telecommuting is going to be the working style post Covid-19 , then more and more will continue to stay home and work.
And they will have easier access to watching Netflix as a way to relax or catch up with the family (since going out is becoming a hassle).
Chart wise, it is still bullish and has some more room to move up.
Comment:
Let's see if 502.81 , the resistance level will be broken out tonight or this week
Comment:
Praise Lord
Comment:
when you see such whipsaw action, it tells you the bulls and bears are still fighting each other out. Some days, bulls win and bears dominate on other days.
