Here are two similar patterns between bitcoin and google stock prices. This can be a possible indicator, besides the two assets belong to the technology sector, which makes them assets with a similar adoption. Obviously several external factors can influence the accuracy of the analysis, so don't take my analysis for granted. NASDAQ:GOOGL BITSTAMP:BTCUSD
Timestamp (black vertical line) : Mar 1 2020 ---> Lockdowns worldwide due to Covid-19 - - - - - - - - - - - - - - - - - - - - - - - - - - - GlaxoSmithKline plc ( GSK ) LSE:GSK GlaxoSmithKline plc ( GSK ) is a British multinational pharmaceutical company headquartered in Brentford, England. Price decrease of 9.50% - - - - - - - - - - - - - - - - - - - - - - -...
Timestamp (black vertical line) : Mar 1 2020 ---> Lockdowns worldwide due to Covid-19 - - - - - - - - - - - - - - - - - - - - - - - - - - - GlaxoSmithKline plc (GSK) LSE:GSK GlaxoSmithKline plc (GSK) is a British multinational pharmaceutical company headquartered in Brentford, England. Price decrease of 9.50% - - - - - - - - - - - - - - - - - - - - -...
All comments and likes are very appreciated. _________________________________________________________________________________________________________________ Description I do hope that the federal government will do its best to support millions of families that will suffer during 2020. This report is about the more mundane topic of a stock recommendation....
2019 seemed quite bullish, but comparing S&P constituents by size shows a clear divergence year to date: - Large caps (blue) SPY are in an up-trend - Mid caps (grey) AMEX:IJH are sideways. - But small caps (orange) AMEX:IJR are in a downtrend ever since 2018 (lower highs & lows). Not to say we're on the verge of a correction, but this shows that...