BYND has filled its gap as it is heading into earnings. A beat or match with decent guidance will likely send this back up. PT at $125.
Fib pivots indicate oversold as it is below S5 on the month (1.00). Options market is expected ~$8 move after earnings. May see a short squeeze here.
Russel 2k & Q bounced nicely off support levels, but are currently getting hung up on resistance. Expecting a pullback, but will exercise caution and take position at end of the hour.
Both trends are currently bearish. Will need a huge push to pop past cloud resistance & fib pivots.
A green day today will confirm resistance break. Of course, trade talks are a huge influence on the market right now. Anything positive is likely to send us to the moon, while anything neutral will encourage a climb. Only a negative result will break this likely pattern. MU is quite dependent on trade war talks. Expect it to follow $SPY over the next few days.
First off, I'm not the best @ TA, so I would appreciate it if a mistake is seen - please tell.
Multiple bearish signals on Ichimoku cloud, RSI, MACD. Very similar pattern is evident on GS & MS.
Default rates on student loans, retail, & personal are climbing. Combined with a mediocre jobs report, this spells out trouble for banks. However, to me, the most...