About meProp Trader & Mentor. RAF Veteran. Geo-Politics, Trading, Fast Air, United, Tractors & Rugby. Fond of the genius Eric's: Morecambe, Idle and Cantona.
Founder of the London Traders Network on Meetup, and founder of The Veterans Trader Project
Between Wirral, London and Dublin
Look at that parabolic move on the Weekly chart of Moderna. This one chart tells you whats really been going on this last 18 months.
Remember when earlier this year we had EU & US politicians trying to undermine the AZN UK/Swe vaccine? Why? Because it was sold at cost as opposed to Moderna and Pfizers vaccines which sold for profit. Those politicians need those...
Ive always been interested in how Lloyds seems to trade in 25p blocks between 25, 50 and 75 pence. We presently see price running into the 50pence level which has been a strong level in the past.
So for me we need price to get above 50p and hold above it before I'm convinced that it has further energy to move towards 75p.
After a tumultuous few days for the Chinese Stock Market (which I admit I do not trade, but I do follow) I now see us having a little dead cat bounce off the 15000 BRN. Will that hold? My initial impression is that yes it will, because I reckon the CCP will manipulate markets in any way possible in order to save face. So I would be keen to see how this plays out...
After forming a beautiful double-top formation above 7 coming into 2020, we saw a fabulous downtrend in line with the USD weakness of 2020. But as Echo & The Bunnymen sang " Nothing ever last forever" and is that now the case with the USDCNH Monthly chart?
Do we see the start of a possible inverse Head & Shoulders pattern building here? Or just the start of...