Cathie Wood on CNBC:
"Invitae in the molecular diagnostic space is probably one of the most important companies in the genomic revolution.
It`s investing aggressively to be the leader in the molecular diagnostic testing space!
It is a little bit like Tesla in the automobile industry. The new lab tests which are going to be informed by artificial intelligence and...
As we can see, we had a huge Sell-off for a few weeks and today the move to the downside was massive!
Palantir is signing more and more contracts, while the price is falling, which would mean that the only reason for the fall is the over-all bearish sentiment in the market.
We can see the enourmous divergence that we have on the RSI on the 4hr...
Hello guys, thank you all for tuning in!
I am going to divide the analysis into 4 parts, so we can go deeper into the trading idea!
- The price completed the Cup and Handle pattern on the 1H chart and went from 34$ to 44$ and even higher.
- SPCE broke through the Daily Triangle shown on the chart with enormous volume and the next target is 50$.
WY is 17% from all time high.
Once we break through that we go to price discovery mode which means we go higher.
My fried who works at a lumber yard says they have had a record year of lumber sales with more slated for this year.
The green New Deal we will be using wood more this year than last to fix infrastructure.
I see earnings rolling in and people will be...
This is one of the sector which has been going up pretty fast since the March low. It perfectly back tested the trend line as well as previous all time high from June 2018 perfectly and moving lower. Risk to reward seems pretty attractive.
Hello Fellow Traders,
Here we are looking at Conifex Timber Inc (CFF) on the TSX. This chart is pretty self explanatory. While prices have been moving down since 2018, we can see that some bullish momentum came in during June this year. On the smaller scale, we can see that a bullish falling wedge pattern has formed. On the larger scale, we can see a that a nice...
DOT has broken out nicely from the descending downtrend. It is now headed to approx. 4.82 USD resistance, which will determine if it can follow to 5.30 USD or will need to keep bouncing for longer. Good Daily and Weekly candle indicating reversal at least for short-term (7-15 days).
That indicates the trading of the fund has been superior. The concept of ARKK remains solid, however, investors should know that risk emanates also from trading skill of management. As the fund grows, trading for Wood will become harder. This is a satellite fund opporunity until the fund gets "too big." What is too big? Typically when the assets under management...
Must apologise for rubbish call yesterday and no follow up.
Was expecting a period of light relief over the weekend. No
such luck. The spike that came shortly after the match had
finished was a big one and the ensuing rejection period
flipped Bitcoin straight back down to the lows again and
triggered a short from 7399 as it broke below...
Since we break our crucial support we are in the bearish woods, we need a strong back up to remain with bullish sentiment.
RSI and MACD are not ready yet to go bullish.
We just broke our crucial support 2 days ago.
I would be prudent.
As always i can be wrong, TA is not a basic science. Don't take my words as a financial advisor, i do it for my personal...