On the low time-frame the SPX has a blatantly obvious broadening wedge. This tends to be a bearish pattern, as volatility is increasing to the downside more so than the upside. From a fundamental analysis perspective, the economy is valued at the highest it has ever been, but the economy is the worst it has been in almost a century. Something has to...
Possible quick profits on a short position, but the trend is generally upwards. The gap could get filled quickly followed by a return to the upside due to increased sales of surgical masks in the COVID-19 pandemic.
Moving average convergence/divergence crossover on multiple timeframes, RSI rising quickly out of overbought area, price bounced off of a long term price support/resistance line. Target $70 : Tight stop loss
if corona keep on media for more time, eu will consolidate and make a new high. This is my Personal Visionari View of the market futures. Wish you the best " peace and ligth
Week beginning 17th Aug 2020, -5337 deaths. Minus.
90 million vaccines have just been purchased by the UK government and the US is also in talks to purchase COVID-19 vaccines.
If the Johnson & Johnson COVID-19 vaccine does well in final phase testing, this could cause the share price to break out from the current bull flag formation, if not we will see a break to the downside.
The price could go either way depending on the results from clinical trials of their Covid-19 vaccine.. so watch this space for confirmation either way.
I am looking for a breath through of resistance, followed by confirmation that the resistance becomes support as a signal to buy the next bull run for Moderna on the daily time frame.
As the world entered its first pandemic in 100 years all financial markets cratered in early 2020. Even popular safe haven assets like $GOLD were not immune to the rush to liquidity amidst the panic and uncertainty. $BTC not widely known for its "safe haven" status also suffered the effects of this global liquidity squeeze. After 30 days of pain the fed ultimately...
NYSE:CHGG With students most likely sticking to a completely online course load this fall, CHEGG will be highly utilized for homework assignments and exam prep. I expect this stock to be close to a $200 stock by year end. First PT is $170.
10th Aug 2020 -48 deaths, okay: British people are resurrecting from the dead.
Im just thinking 3T stimulus from USA Trump bypasses congress to extend all benefits to Americans. This is probably the news debt markets have been waiting for Fam.
Preliminary studies on coronavirus vaccines have produced promising results. I'm still a believer in their technology. Check out my previous NVAX posts and/or the first one. They have a promising technology that could revolutionize the vaccine industry. We (humanity) are already very behind in how we produce vaccines AKA using chicken eggs. So Novavax will...
Hello Traders! Considering the current status of COVID-19 and the upcoming UK Claimant Count Change (Unemployment Claims) that will be released in a few hours (Around 1 a.m. Central Time), we could expect to see a downward movement of the GBP. If unemployment rates are worse than expected, we can take this opportunity to make a profit by selling the British Pound....
Yes, after disappearing for weeks the COVID-19 DEATHS_GB is back. And now we can see, probably not for long, that there were 3587 deaths in the week beginning 6th July 2020, a supposedly 8.69% increase. As I've watched COVID-19 charts change before my eyes I wouldn't be surprised if this disappears without warning or record too.
the stock price of Pfizer is about to overdose on viagra. Looking at the bounce from the downfall due to corona virus there is solid support from previous wave 4. With the news of Vaccines, Pfizer is promising to produce one. I am looking at a target price of $45.00