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VOO

Vanguard S&P500 ETF (VOO): A Full Recovery Approaching?On the 27th May 2020, we saw the Vanguard S&P 500 ETF (Symbol: VOO) rise above the 200 Moving Average. Today a share is worth 301.99. Before the tremendous drop on 20th Feb 2020, prices closed at a high of 311.39. The fact that we are already above the 300.00 mark and only just 9.40 from its pre-COVID high, has VOO really recovered? Nevertheless, it is still a worthy investment considering its performance since it started on Sept 7 2010. It is also outstanding how it managed through COVID this well. It will probably be a long time (excluding market noise) before it formally hits such low prices again.
AMEX:VOO
by malcolmlai
S&P500 daily- Ascending Broadening Wedge. S&P500 daily- Ascending Broadening Wedge- ABW (with three contact points on either side of the ABW). ABW tend to not appear during bear markets, most often seen in bull markets with downward breakouts. Breakout is 52% of the times downwards. Also, two other critcal points- 1) The Fib retracement 61.8% seems to soon be either support of resistance. 2) 3000 on the SP500 is the 200-day moving average. 'A flat 200-day Moving average is King' Oliver Velez. The 200-day SMA is now flat. Being above consistently is bullish. Soon, we will all know, whether this a durable bull breakout or a flop.
SP:SPX
by platinum_growth
VOO - Pivot pointFor now at least, we have found a pivot point for this SP500 ETF, at the 50% fib retrace level. Huge volume and a quick turnaround in price, we shall see how this one turns out. Compare Volume to late 2018, our targets for a bounce from this level are at 88% Fib extension level of $290, all time high of $312 (100%), and perhaps $372 at the 161.8% extension level. This can still drop, there is a lot of news creating a small panic, and if so we may get to see the dead cat bounce. For me, volume is key.
AMEX:VOOLong
by Shwayze