Ivaylo_Atanasov

Ivaylo_Atanasov

GOLD I think that this is the logical scenario now. With the release that Gilead`s vaccine doesn`t work very well, there is no positive sentiment on the market. Gold for example show`s us, that there is a risk for the economy to collapse more with his price which goes north. I bet that with aproximately 26 000 000 jobless people searching for help only in...

Ivaylo_Atanasov

I think that this is the logical scenario now. With the release that Gilead`s vaccine doesn`t work very well, there is no positive sentiment on the market. Gold for example show`s us, that there is a risk for the economy to collapse more with his price which goes north. I bet that with aproximately 26 000 000 jobless people searching for help only in the US...

Ivaylo_Atanasov

This idea comes up from one scanning from last day (18.04.). I looked for a undervalued stocks, so i find that one. Her P/E ratio is around 6.5 and i think it`s still under the radar. It`s a fact, that the last earnings report were below 2017`s, but i think, that investors were treating this stock too strong. The GURUFocus says, that we have 39% of margin of safety.

Ivaylo_Atanasov

On the graph, we see a strong downward movement of the weekly chart, followed by a flag formation. You can see the train rails of the flag that are obtained by spikes, so it is good to put a stop over the upper resistance. For the risky traders i can offer to take a short position from 1.1210 with stop loss at 1.1470 and place a sell limit order at 1.1400. Our...

Ivaylo_Atanasov

Open short on GBP/JPY at 143.50 SL: 144.15 TP1: 143.00 TP2: 142.25

Ivaylo_Atanasov Updated 

I think the short position at the C & P500 is probably the best solution at the moment. US stocks are overestimated, Trump is far from fulfilling its election promises, and bad economic data from the United States will now target US indices and the dollar to the south. Open short position at 2400. SL: 2420 TP: 2355 An alternative scenario is the price change over...