maffex

maffex

DIS has crossed below a previous level of support at $120 that existed for about a month (Sept 24 to Oct 26). That level acted as resistance for a month and a half June 16-August 5 2020. MACD is below indicator line and below midline. RSI is below 30%, so we're probably looking at a pullback to the upside as I write this. Whether this will be a rebound or a pause...

maffex Updated 

NIO looks like it's bouncing off the 50dma and breaking out of a bearish pennant. Bearish indicators previously on MACD but that looks like it's shifting to bullish. Bought the 1st bounce @$27.60 and I'll buy again if it breaks $28.30 ****This information is presented for discussion only and does not represent advice to buy or sell a security.*****

maffex

iShares Gold Trust (IAU) is a passively managed ETF that seeks to match the movement of the price of gold. It provides an investment vehicle for gold by backing shares in the ETF with gold bars held in trust. After a steady recovery from the trough of March 20th, a trend reversal starting on Aug 5th manifested as a descending triangle (or perhaps a large pennant)...