Historical Support Levels: Not currently in one. Strongest support was 242 and when it touched 244 this week it immediately got brought back down. Indicators: Stoch, MACD, Squeeze, and Overbought/Oversold all show indicators for a small bull run during next week but the fundamentals behind why the market it falling has not changed. I expect a day similar to last...
Charting historical Support and Resistance levels. Gilead was on track to have an improved 2020 financials wise even before Corona Market. They are the front runner for vaccine in terms of drugs already in trials to treat similar COVID diseases. They also have two drugs being tested and waiting to be approved in China for cancer drugs which will continue to...
I have been watching Ford since Jan 15 and the bears have been having a field day. The recent trend is a further confirmation Ford is in short term trouble. The news at end of day of the Mach-E being a fine electric vehicle, but lackluster compared to Tesla, was a big blow to them. Their earning's call in early 2019 banked their future on the electric products and...
XBTUSD has been bouncing around the last week, especially on the exchange shown. The long term charts yesterday (Feb 14) showed bull flag for long term (2 weeks to month) but with a good amount of room for price correction. We're in the middle of that correction now and it's up to each individual's risk level to decide when to enter. The profits can be high, but...