MDB is in at the bottom of its downward channel. Buy here below $118 and sell towards the top of the channel $126-129. I will add short as it reaches to the top of the channel. This stock can be pretty volatile so maintain stop losses, as always. Good luck.
This stock is way beyond its base trend and looking pretty toppy on the weekly chart. Appears to have a bear flag forming at the moment. With general declining market conditions, this should fall greatly. PE ratio of 89 and Beta of 1.3.
Textron is sitting on the December 2018 low and also near its trend line. If the general market decline pulls this below the trend line it could fall significantly. I would expect the support line to hold and yield a decent return over time.
This big Pharma has been on the decline since 2015. I see it is in the top of the channel currently. Good opportunity to short to the bottom of the channel, especially with the general market declining.
Trend line from 2016 is well in tact and looks like this is the beginning of a significant upcycle. PM’s have always had an inverse relationship with equities and I watch the news closely to determine price targets. Trade war with China won’t have news until near end of August. I believe silver (and gold) will continue to rise until any news of resolution. No...