I've always found it hard to understand the chart for the bears as I am naturally bullish.. The inverted chart can give us a better feel of how the bears are doing. As you can see the bears have formed an arc of resistance and a big move is coming. Volatility and volume is decreasing. 9800 area is a significant area and perfect coincides with fibonnaci resistance....
$CODX is a company focused on commercializing molecular diagnostics for infectious diseases, including COVOID-19 with their testing kit.
With COVOID-19 infections slowly ticking up in the US and more cities are are temporarily shutting down, we might see more demand in these testing kits.
$CODX has been flagging in its channel since June 12th and a breakout can...
I'm completely new to trading though I am an accountant, I have a lot to learn. Please, critic and fill up the comments with questions.
For this specific analysis, it is a small fish that is growing. I see, huge potential for swing trading this growing stock.
My insta is: @aahlexj
I have a Discord with several friends, we are open to traders!
Do your part; continue social distancing and washing your hands. Sanitize surfaces and work remotely if possible.
For the good of humanity I hope that the death rate goes down.
This is total deaths / total infections
much love and stay safe
Price has broken out of the ascending trendline, along with structure today. Price also on lower timeframe is creating lower lows & high, I will be watching the area of structure above to retest & create resistance, where then a continue of downtrend can be anticipated down to the next area of support.
I just found this stock searching online for COVID-19 screening at JFK Airport.
Today, this company received a contract for coronavirus screening in airports.
Where can this stock go...? Your guess is as good as mine but for now, I think this is the only company that has a contract for screening at airports!
Is the sky the limit?
If the company receives more...
So Guys we broke out on the DXY. I am expecting the DXY to retest the Supply Zone and then to drop. On the long run I see it dropping much more. If we look at the monthly we can see that the price will move more down. We got there a Price Action Confirmation for that.
Target is the Demand Zone marked on the charts.
WHY is DXY dropping?
The Cruise ship Industry has surely taken a huge knock due to the corona virus, but this open up great investment opportunity's.
CCL has lost roughly 80% of its value since the start of lockdown periods. This is due to overload of pessimism.
A great double bottom setup is given at $7,84.
Target 1 : Break of Neckline
Target 2 : Support turns into...
Showing period of relief in exponential growth confirmed cases in Germany past days; diverging from exponential curve. Hope deceleration keeps up. Note that confirmed cases is a lagging indicator and does not represent total cases of infection today.