Watch this stock as there could be massive gains. If it starts to go up, follow it up with a trailing stop loss. We could be seeing a formation of a bull flag pattern, so look out for confirmation with a break to the upside.
Possible quick profits on a short position, but the trend is generally upwards. The gap could get filled quickly followed by a return to the upside due to increased sales of surgical masks in the COVID-19 pandemic.
Look carefully at the opening action today as a gap fill could be likely in the next few days.
Relative Strength Index currently low and the next resistance level is 8% higher so this could be a good stock to buy for short term gains.
Gaps normally get filled pretty quickly on the 1 day Persimmon chart, and with RSI levels being quite high a pull back is likely in my opinion.
To fill the gap up. Watch for action on this stock at start of trading today.
The three rising valleys (3RV) pattern on the bitcoin chart has always been a reliable chart pattern to predict future price based on back testing, and the confirmation of breakout of the pattern which begun on 13th March 2020 and ended on 11th May 2020 with breakout on 1st June 2020 gives a reliable prediction that the bitcoin price could reach $15,886 in the...
90 million vaccines have just been purchased by the UK government and the US is also in talks to purchase COVID-19 vaccines.
Expect a drop in the William Hill share price in the next few days as this gap gets filled, giving investors an opportunity to short sell the stock.
I expect this gap down to be filled reasonably quickly, giving the potential for 26% profit.
Opportunity to short Ryanair and take advantage of the gap fill that is likely to occur over the next month or so.
The Ashtead Group share price recently gapped up, and I expect based on previous gap fills for this gap to get filled in the next few days, giving investors the opportunity to short sell the stock for profit.
If the Johnson & Johnson COVID-19 vaccine does well in final phase testing, this could cause the share price to break out from the current bull flag formation, if not we will see a break to the downside.
The price could go either way depending on the results from clinical trials of their Covid-19 vaccine.. so watch this space for confirmation either way.
I am looking for a breath through of resistance, followed by confirmation that the resistance becomes support as a signal to buy the next bull run for Moderna on the daily time frame.
The recent gap down will be filled in the next few days, giving the opportunity for investors to take a long position for some quick profits on this UK supermarket brand.
The bitcoin chart is showing too high certainty patterns right now. The Three Rising Valleys pattern that is evident between 6th Feb and 4th June had a breakout to the upside confirming the pattern and it gives us a target of $14,769. This pattern has played out 100% of the time for bitcoin in the history of the cryptocurrency. The Pipe Top is also a high...