Since the last update, we established Pick N Pay formed this M Formation which we were anticipating a break down.
The break down took place and we were initially hesitant as we expected conservative testing of resistances and demand zones.
But the fundamentals caught up to Pick N Pay, and the price continued its slump.
The company is struggling with the...
SHOP has been hovering around the covid lows for months now. Earnings coming soon. If we break the $30.50 support, hasta la vista, see you around $20. Bad times for this stock, sadly.
The technical figure Rising Wedge can be found in the French company Carrefour (CA.pa) at daily chart. Carrefour is a French multinational retail corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores, and convenience stores, which as of January 2021, comprises its...
Due to challenges of the entire technology sector, directly affecting manufacturing and indirectly influencing other sectors, DJI may see 24K in this quarter, and bounce back afterwards, subject to probable and required catalysts.
