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Hey, welcome to my profile. Although I am not a lifelong investor, the stock market is almost my second life. From time to time, I publish my ideas. I won't be anything but glad if you leave a nice comment or a boost. Feel free to DM/follow me. Thank you
since Oct 6, 2024
bearishtrend
biotechnology
earnings
earningsanalysis
earningsreport
indicator
moderna
nasdaq
pharma
pharmaceuticals
pitchforktrading
relativestrengthindex
reversal
sap500
stockanalysis
supportandresistance
supportandresitance
technicalanalysis
transportation
trendline
trendpattern
uber
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With the RSI above average since mid-April 2025, the trend has been steadily rising up to $82 per share even breaking the highs from late February and March. Price projected onto both (A and B) Inside pitchforks is well above the median line. In the pitchfork A the price is even directly touching the upper parallel line. Reversal near the highest achieved price...
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With an upcoming Earnings report we can observe rather uncertain future behavior. But since the trend has been bearish for a longer period of time and the price is "nearly" at the same position which was achieved for the first time in early April in 2019, we can, mostly based only on the technical analysis and Earnings report, determine quite confidently that...
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