The triple crossover strategy indicates a strong buy signal since week 7 of 2020.
The price of NASDAQ:SAVA is forming a triangle whereby this formation is about to end very soon. Everyone is waiting for the results of the phase IIb study which will be reported in the mid of 2020. So the question is when the stock is going to break out of the low volatility phase. The first target for the upper side is 11$ which might be reached before the...
It looks like 2020 could be a good year for Bitcoin.
I'm not longing yet, because the move above 10k was weak and it would be healthy to re-visit the 100/200 EMA region on this 4h chart. I will buy option 2 & 3 after a good reaction (not with blind limit orders). Also option 2 and 3 are fitting with daily support. We are in a bull trend and MAs/EMAs are very important while trending.
NASDAQ:TSLA has been in a massive short squeeze and gained over 100% since the start of 2020. Yesterday ARK Invest raised the price target to 7000$ per share. Nevertheless - it should be obvious that the current price surge is a complete exaggeration which needs to consolidate very soon. Although it is difficult to find the target for the blow-off top - I like to...
The stock NASDAQ:SAVA is consolidating in a triangle and shows relative strength in the past few days. It might happen soon, that the stock will break through the upper boundary of the triangle which will lead the way towards 11$ and later also 15$.
The stock has been in a long-term bearish scenario. The bottom from 2002 has been reached again and until now, it acted as heavy support level. As a consequence this lead to the formation of a triangle which might be the starting point of a reversal move.