Contextual immersion trading strategy idea. Gilead Sciences has a strong upward trend. The company is developing a treatment for COVID-19 now. Due to the spread of the virus, this company looks very attractive and has a potential for success. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from...
Contextual immersion trading strategy idea. Teladoc Health has a strong upward trend. The company is providing virtual healthcare services. Due to the spread of the COVID-19, the demand for the company's services rose. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $139,49; Information about...
Congress's coronavirus stimulus deal reached Friday night included a provision requiring health insurers to bear the full cost of coronavirus test kits and to waive copays. The federal government will pay the cost for the uninsured. This will probably hurt health insurers Monday, though it might be good for service providers. Here's another piece of bad news:...
Normally when we see a such massive drops in equity, the on balance volume also trends down. OBV is reaching a 2-year high, as we have dropped over 30%. This divergence suggests pharmaceuticals could outperform as the market starts consolidating. ---- Regarding the volatility due to Medicare for All proposal, supported by Bernie Sanders, it seems highly...
Today Trump and Pence seemed to finally get serious about preventing a coronavirus recession, offering a payroll tax cut, a bailout of the cruise line industry, and a promise that coronavirus patients won't have to pay for testing. Admittedly these things are small potatoes compared to the scale of business disruptions that may be coming, but it was meaningful...
BITTREX:SOLVEBTC - Accumulate Analysis Method: Fibonacci & Wave Theory BITTREX:SOLVEBTC healthcare on the blockchain. Cut Administration waste. solve.care Motto: Making healthcare accessible, effective, and affordable Problem: In much of the developed world our population is ageing rapidly. Increased demand for care is placing an intolerable burden upon...
As the PPH dropped 15% below the 200sma, OBV barely moved lower compared to the drop. (Between purple vertical lines). This is considered a Bullish Divergence . Now with a strong pullback, we are half way to reach past highs; but this time with an OBV we have not yet seen since Feb, 2018. Ready to buy the dip!
This is an interesting idea based on outbreaks of SARS, MERS, and SARS-CoV-2 (2019). Novavax successfully created vaccines for SARS, MERS, and are on track to create one for SARS-CoV-2 (2019) - ir.novavax.com Vaccine in development for SARS-CoV-2 (2019): seekingalpha.com Is this a good investment? If the vaccination is successful and/or coronavirus outbreak...
Healthcare is mirroring 2015-2016's triangle breakout pattern here with an obvious move above the trendline. LOTS of people see this, and there are many people viewing this as a repeat of the post 2015 rebound. I'm not totally sold on that scenario however. 2015-2016's healthcare consolidation saw a lot of frauds busted and companies deflated. Currently, we do not...
BEAT is your prototypical aggressive growth stock- Strong future growth potential with good earning and revenue track record ... If you can overlook its debt level. This beast was tamed for a while after its share price skyrocketed from $25 to almost $80 , but it is ready to unleash its fury again. But first, I think the pullback is in the store facing key...
NVS was among the high cap losers yesterday on the renewed coronavirus tensions and pulled back dramatically (-6.90%). This however can be the buy opportunity of the next several months as it hit the 1D MA200 (orange line) and is approaching the Higher Low trend line of the 1W Channel Up (RSI = 45.378, MACD = 1.640, ADX = 65.865). Even though the MACD indicated...
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CAH showing strong up-trending OBV, while forming a bull flag above the now support at $57.5 Earnings were a beat on result and guidance.
Want to see how UNH moves after potentially ending above 5/50MA on the weekly
Long $TEVA to at least $12 this week on technical basis alone. Could go for $15-$20 into March depending on earnings report on 2/12. DYOD - do your own due-diligence.
Note the pullbacks are always around Dec-Jan as well. Strong candidate for shorting here, and tends to come off fast. Sell 104, SL 106.50, TP 96, RR 3.2.
Hello everyone. Today I will not give a technical analysis, but I just want to show you how the coronavirus can impact the market. This company, China Health Group , has recently discover that the Ritonavir has Inhibitory effect on the new coronavirus. What is Ritonavir ? Ritonavir, sold under the trade name Norvir, is an antiretroviral medication used along...