When the Covid pandemic began affecting many people throughout the workplace and in their homes, companies such as NASDAQ:MSFT , Zoom and NASDAQ:GOOGL began rapidly designing software to accommodate for this very new sprouting market that nobody had ever seen before. A whole line of business dedicated to allowing people to perform their work assigned tasks...
NASDAQ:CLRO describes themselves as a global market leader enabling conferencing, collaboration, and AV streaming solutions for voice and visual communications. With businesses becoming more comfortable and familiar with remote work, ClearOne has a competitive product line (and is actively developing new products) to cater towards that market, with a product line...
Zillow tested the dynamic supports on the 4 hour today and bounced. It is currently holding well above the horizontal support at $96.82. If uptrend continues, Z could retest $115 which is pretty close to the 200 MA on the daily. - HH
I've decided that it's a good goal to set a 1X trade on this swing trade. Exactly as i didn't expect it to go so long and high but i kinda realised this re assement will be a good goal and target to go for. That's 100% ROI.
If you didn't get in way back then too bad really.
We can see some significant underperformance by RBLX as it makes it way to the bottom end of this triangle, as the market begins to favor reopening names like consumer services space evidenced somewhat by XLY's relative strength in the current market, will that mean RBLX will continue to underperform? We shall see. Good luck traders
XHB broke through an important 77.5 low volume node today and TPX has just been on fire. You might be asking how a mattress company and homebuilders are correlated well I'm playing it as a proxy and potentially one that could outperform the homebuilder index in general. You gotta have mattress for those homes :)
Home depot had a good run when market was red. Now its has started its downward hourney. There is good divergence on indicator as well as increased volume. It should start falling to support level mentioned in my previous chart. Good strategy will be a call credit spread.
Ideas are for education and not trading advice
BUYZONE = 16-17
CAD = 14
1st Target = .5fib 20
2nd target = 618fib 23
3rd target = 786fib 27
This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading...
The real estate market has been benefiting from low mortgage rates, and companies like American Woodmark should succeed well after a vaccine is out. From a pure technical perspective, there are a few things that make AMWD’s chart an attractive set up. A MACD buy signal convergence is possibly forming, which I could possibly be confirmed, by the price action...
🌟HD bearish scenario:
We have technical figure Triangle in US company The Home Depot Inc. (HD) at daily chart. The Home Depot, Inc., commonly known as Home Depot, is the largest home improvement retailer in the United States supplying tools, construction products, and services. The Triangle has broken through the support line at 18/11/2020, if the price holds...