Covid-2019
VOD : close to breakoutVodafone has kept if dividend unch giving it (for now) a high single digit div yield which is pretty decent in a zero rate world. The range 125-135p is critical for a breakout. Don't expect stellar returns given utility status and African exposure but a possible re-rating of the stock given post covid-19 realities is possible - one to watch.
HTZ, Long here (100% speculative)I'm going against my own style, but I think it is worth the risk to start a position. I have taken the January $3 Call 2022.
Bullish Divergency, What I think it is Capitulation Volume and Double Bottom. anyways Im keeping my Stop Loss very tight
FORD ($F): Press "F" For Ford?✨ Drop a comment asking for an update, we do NEW setups every day! ✨
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Ford is gradually restarting as America gets back to work, we even have another stimulus in the works that could generally help business. Still, this chart is giving us a nice short setup given the recent bearish trend and consolidating price action. All it will take is a bit of bad news, for example workers coming back to work and getting sick (just look at the issues the meat packing industry has been having), to send us back down to the bottom of the pennant. So let's look at a short setup.
Resource: www.cnn.com + www.forbes.com
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1. Fractal Trend has been showing a downtrend (Maroon bar color) on the 1 hour timeframe as Ford consolidates after the COVID crash.
2. With this strategy, we are looking for short setups in a downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon line color) and/or bearish S/R levels plotted by Directional Bias (Maroon line color).
3. Right now we are looking for a short entry off of R1 with a target of S1. Not only do we have orderblock and S/R levels to target, we also have the top and bottom trendiness of the large pennant that has been forming.
4. We will exit the position if our stop loss is hit or if Fractal Trend changes color, otherwise we will be looking for a test of S1 to close our position in profit.
Good luck family!
S&P 500On the S&P 500 im getting ready to sell it because we have a bat pattern that formed! the pat pattern "B" point is at the Maximum 5% tollerance outlined in Scott Carney's 3rd Harmonic Trading Volume. the 401k index has been struggling since SARS2 taken the world by storm. i dont expect it to get any better since the Q2 earnings report is going to reflect the majority of the shut down the world has implememnted. in Q1 we had January and Febuary of earning power to offset the lack of business that the shut down caused in March. in Q2 however we have 2 months of complete shutdown with maybe 1/2 a month of earning power to offset the the 2 months of no earnings. your highly leveraged business are really going to be hurting this Quater with many of them having to take out loans and ETC. i havent tried, nor do i want to, read the 1800+ pages the CARES Act or HEROS Act has. Somewhere in those pages are clauses that are in place to help business, but what i do know its not going to be enough to suffice for the lost earnings. Common Stock is about to plummit again as investors see their 401k take another hit. a few weeks ago popular analysis came out saying the Bear Market is over and retail traders listening to this garbage rushed back into the market to buy stock at a bargin price. and dont get me wrong some of those stocks were a bargin, but how are we going to be out of a bear market when S&P 500 did not even retrace to the 618 on the daily. fundamental analysis is essential but those analysit use technical analysis to form their fundamental analysis. if by chance there are any traders out there that read all of this wait to enter the market. holding onto your money isnt going to cost a penny (unless the fed introduces a negatie interest rate), but entering the market early could cost you everything!
SRNE BIG BIG VOLUME!SRNE closed up 158.02 % and went another 3.99 % in After Hours for an AH close at $7.03 and had a HOD of $9.00.
The thing that caught my eye the most was the incredible surge in volume.
SRNE had 506 million volume on Friday slightly exceeding the volume from the last 80 trading days combined.
Normally here, I would be expecting a pull back but I cannot ignore the volume and the AH close over $7.
Look for break of HOD ($9.00) for confirmation of possible massive continuation.
Would like to see it hold over $7 and break over $8.12 in pre market for a sign of monster strength.
I am very bullish on this over $9 with PT's of $12 and $14.
Will it keep going? Monday should be interesting.
DISCLAIMER:
I AM NOT A FINANCIAL ADVISOR
NOT FINANCIAL ADVICE
NOT A RECOMMENDATION TO BUY
RFC : NDX bullish until Oct. 2020 ?Looking at NDX vs. inflation.
Looks like in a better shape than SPX (higher highs, higher lows) with - if it breaks current level - a continuation of the bull trend until end of September / beginning of October.
My interpretation of the chart is that a "double top" might be found at this point (0.5 fib from tech bubble in this chart, around 10.000/11.000 pts level on the NDX chart depending on printing), then retracing and starting a new trend.
Of course the future is not written yet.
Please share your thoughts since I am still beginner for both TA and FA.
Parking Wealth and Opportunity Days of Trading & InvestingIt's clear from this chart parking investment in cash at a 0.00% interest account, even now is not a good decision, even in these times. While the equity markets have regained much of the March 2020 losses, they are less than a safe near term place to park. Equity markets will need almost daily management while savings accounts, money markets, and certificates of deposit only benefit your bank.
Gold has maintained, even broken through the all-time high. It continues to prove itself as a safe haven and a hedge against dollar inflation, payout much better than cash. BankofAmerica along with other investment banking firms are calling for 3,000.00 Gold in the year 2020. The estimate takes into consideration the future of a weaker dollar due to the huge increase in the United States National Debt in this crisis.
While everyone got all excited about Oil being -34.00 a barrel, it was momentary, the price of West Texas Intermediary Crude Oil. As the chart shows, Oil has a long way to recover, but it's guaranteed to continue going up. Oil prices might actually spike very high as demand grows and the huge reduction in production cannot keep pace. While the Machine is well oiled, like the tanker, it does not turn or change the momentum on a dime. Pumping and Dumping this market, going Long and Shorting makes this an excellent sector to reliably make a profit.
Bitcoin continues to be attractive as long term it's proven to grow. The ALT coin scene has shaken out considerably putting Bitcoin and Etherum back on top as the two dominant players. This means long term stability and gains. This is not a market for short term weak of heart. If you're looking to get rich quick, perhaps this is the market for going short. If you plan on going long and hope for gains Gold has enjoyed since the early 2000s this likely is the market to put down some tent pegs.
As always a diversified portfolio is the only way to ensure steady upward growth. However, in these unprecedented times, there are multiple ways of getting wealthy in once in a lifetime opportunities.
GOLD ($GOLD): Bullish Breakout or Amazing Fakeout?✨ New charts every day ✨
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Gold has been preforming very well for a while, and especially it has shown real strength during COVID-19. It looks like we had a breakout of this pennant that could lead us up even further if continuation is to be expected. Perhaps not until after we fill this price inefficiency gap that has been formed? Let's look for a long setup to enter this potential gold uptrend we have starting here with the assumption that this new gap gets filed.
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1. Fractal Trend is showing an uptrend (Aqua bar color) on the 15 minute timeframe. This represents an uptrend since before the breakout.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua) and/or bullish S/R levels plotted by Directional Bias (Aqua).
3. The play here is to take a long entry at the retest of the S1 support range cluster that contains a bullish orderblock and prior S/R flip (Aqua lines).
4. The target for this move is R2, although we will exit if our stop is hit or if fractal trend changes color.
5. We have placed a stop just below the bullish support cluster that contains the order block and S/R flip (Aqua lines) with the assumption that price will be supported there and previous resistance will become the new support.
Angular growthComparing angular growth on linear and Log chart using angles to compare recovered and confirmed cases. The linear chart seems to suggest that recovery rate could soon overtake confirmed rate. Log chart shows the exponential growth of both lowering. With the exponential growth of recoveries being slightly faster.
BIOTRON - Primed to MOVE!Watching BIOTRON closely. 2 Scenarios:
1. Break of internal trend within the symmetrical triangle will see us return to the .065-.080 region (AREA OF INTEREST).
-We've had 2 bounces on the .382 Fib region creating a double top @ .115 Equilibrium
-Break of internal uptrend trendline.
-Currently broken the center band of bollinger bands.
-We've also had a death cross on MACD and is starting to spread.
-Waiting on break of support at .088
2. If POSITIVE results are announced shortly for any of BIOTRONS Projects/Programs (Anti Viral Drug Program, HIV Program, HBV Program) We should see a break out of Symmetrical Triangle.
-Break of downtrend possible.
-Retest of .011 Equilibrium VERY possible.
-New Market Structure will form with Higher LOW & Higher HIGH.
-Volume will be brought back into the market.
-My next target would be major resistance at .014
A very interesting company with real world prospects. I have been following them since the earlier in the year, with Phase 2 HIV-1 Clinical Trials being successful, HBV Pre-Clinical Trials and work on Anti Viral Drug Development with a keen interest on Covid-19.
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
JD.COM ($JD): China's COVID Numbers are Down; is it Time to See ✨ New charts every day ✨
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JD.com specializes in online shopping, and it has been showing real strength during COVID. Despite annual earnings being dismal, revenue has been growing.
JD.com is likely a good long play for a few reasons: 1. JD is competitively valued based on its growth compared to Alibaba and Amazon, 2. JD.com is seeking a listing in the Hong Kong market, 3. JD.com has likely done well in terms of earnings under COVID, and 4. ultimately, because the chart is bullish.
Despite all of that positivity, there is cause to look for a pullback. JD just tested resistance and there could be room for some pre-earnings / earnings volatility. The idea here then is to buy any pullback from earnings and take a long position.
Resources: www.marketwatch.com + finance.yahoo.com + www.earningswhispers.com
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1. Fractal Trend is showing an uptrend (Aqua bar color) on the 4 hour chart.
2. With this strategy, we we want to enter long on bullish order blocks plotted by Orderblock Mapping (Blue) and bullish S/R levels plotted by Directional Bias (Blue).
3. Our goal is to buy a pullback to S1 either before earnings or during volatility caused by earnings.
4. Our target is currently unknown and such this may be a buy and hold situation with Fractal Trend indicating a changing of trend(bar color) being the exiting factor if we soar past those all time highs.
5. Other areas of interest include S2 and S3. These levels may act as support if for any reason the current uptrend can't continue.
BITCOIN long breakout possible if this current trend holds!There is a potential long breakout possible on bitcoin if this current trend holds and higher highs are made to break the near term fib resistance. A break of 10k is not enough to send bitcoin surging. A higher-high is needed and we will need a run to break 12k~ in order to make real gains. On the other end of the spectrum, we can see support levels at 8.7k~, and 7.9k~ and if both of these levels are broken down, we will have a few weeks/months before a real uptrend begins.
With the halving that just took place, if past trends continue, we should see a long breakout within 3 to 6 months. According to passed halvings, we should see a slight dip after the initial miners that can't stay on anymore begin to turn off. Some people believe the halving price was already factored into the current price of bitcoin. There is a lot more money in the system right now with every country printing money to help stabilize the economy. There are also many more people that are paying attention to bitcoin then there ever have been before in the past. This could be a potential moon landing for bitcoin but it also can really hurt it at the same time. People having the option to short bitcoin was one of the biggest contributors to the last bitcoin fall from 20k. There are a lot of whales in the game on standby and we are just fish in their ocean. If we do see a huge surge in bitcoin, there may be whales that will attempt to dump their bitcoin, which will cause major pullbacks during the rise. These pullbacks, if large enough could ignite a bear market for Bitcoin. If those dumps started happening now, I don't know if bitcoin will be able to recover for a long time.
In regards to COVID-19, we have noticed that as usual, when the market takes a downturn, people invest in gold as a safe haven for their money. As a result, gold has surged. There is the possibility that bitcoin can fall due to COVID uncertainty and market instability. There is also the possibility that people may finally start investing in digital gold as a safe haven, but not enough government regulation scares investors from getting involved. The recent surge we have seen in bitcoin could be the same reason we have seen a surge in gold, but it also could be a result of speculation with the halving. Only time will tell.
I am long on bitcoin because of the trends that are displayed in the chart and the real world. It is not a matter of why we need bitcoin and crypto, we know we need it. The market is not big enough yet. We are still just at the start of the race. I consider bitcoin digital gold and unlike the rest of the world, bitcoin has a set inflation rate and supply. Since we are still at the start though, it is possible for whales to influence the direction of the market, hence why I am giving the potential for both directions of bitcoin to ensue. The trends and indicators point up, but we will have to see what institutional investors think about the market.
Novavax (NVAX): Tell me about my Schiff!I'm bull-ish on Novavax (see Related Idea). I think their approach to the COVID-19 vaccine is promising - their recombinant nanoparticle vaccine technology and Matrix-M adjuvant. They also have positive long-term prospects with their proprietary NanoFlu candidate. This is the big one to me. It's unclear whether COVID-19 becomes seasonal or not but influenza is established and recurring. It fact, it's becoming more difficult to handle with every year. The strains are becoming more advanced and unpredictable. Whether or not Novavax can produce a profitable candidate, I simply don't know. I believe that their patented tech is promising.
Novavax might not produce a COVID vaccine before its competitors (or at all) but they continue to demonstrate their technology and approach works. Example: ir.novavax.com
That being said, tell me about this random Schiff I plotted :)
Matrix-M Adjuvant: novavax.com
NanoFlu Phase 3 topline data: novavax.com
RSV F Vaccine: novavax.com
Gold Markets Continue to Build Pressure
Gold markets went back and forth during the trading session on Monday as we continue to dance around the $1700 level.
We continue to look at the $1700 level is an area that is a bit of a magnet for price. With that in mind, you should also notice that there is an uptrend line that sits just below forming part of the symmetrical triangle that the market currently sits in.
Fears of a second wave of coronavirus infections should support gold prices
Limited activities in spot markets could cap major upsides in near term as SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell marginally to 1,081.07 tonnes on Monday.
Fresh spike in coronavirus cases in places that have eased lockdown-related restrictions such as China's Wuhan, South Korea and Germany have stoked fears of a second wave of infections. Wuhan, the epicentre of the outbreak in China, has reported its first cluster of virus infections since a lockdown on the city was lifted a month ago.
SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell marginally to 1,081.07 tonnes on Monday.
Best Penny Stocks 🚀 to buy and watch in May 2020NASDAQ:EVFM
😊Please LIKE & FOLLOW for more VIP Hunters signals , penny stocks
FDA date of approval - 25th of May
Our Strategy with this Stock :
This company is a silent player in beer bug vaccination , I'm keeping an eye on it due to the strong upper trend of the company.
I'm putting two alarms, one at 2.99 to monitor any anticipatory run up.
I'm putting two alarms, one at 2.40 to monitor if it hit the support .
What’s the real story :
The beauty of Penny stock that I trade in particular , They are ALL pharmaceutical companies. The AMAZING part is 90% of Biotech penny stocks get approved , Still there is 10% that will go the other way ! That's why I'm here for my students to scan all the markets and give them the conclusion that I personally apply .
How can you actually use this ?
We ONLY trade regarding the news ! Meaning that when we see the anticipatory run UP I start trading it and letting my students and followers take the advantage 👨🎓.
The Best Part
You can follow me and apply my trades for FREE !!!
QUESTIONS ?
Please comment below , what you have in mind 😊
Remark Holdings Strong Pre MarketBroken trend line EOD Friday does not concern me; just normal dip before close/weekend. Pre market has easily regained the trend and is holding strong above support. Possible dip buy opportunity near open around 1.02 - 1.04 area.
Looking at
PT1 1.18-1.20
PT2 1.34-1.36
10 minutes ago
Comment: Forgot to mention the large amounts of accumulation last week.
Fed Prints Money to Fight COVID19: M1 and M2The chart shows the sharp increase in US "money supply: upon Senate approval of a $2 trillion coronavirus stimulus package
Money Supply: There are two definitions of money: M1 and M2 money supply. M1 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler’s checks M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds.
The Federal Open Market Committee (FOMC) and associated economic advisers meet regularly to assess the U.S. money supply and general economic condition. If it is determined if, and how much, new money needs to be created.
NZDUSD
Here on the NZDUSD, we have a market that has just come into a level of resistance that I will be paying attention to for short trades. This is an area that has been tested multiple times as support and could possibly be a level that this market pushes down from. This would qualify as a valid Optimal Trading Zone where I'll be lookng to short.
Weekly Resistance Zone (0.60800-0.61820)
Also, NZDUSD is essentially in an Uptrend, with a slight indication that the market will continue in this direction if our Resistance Weekly Zone is broken. If the market does break our Resistance Zone, then this area will be an area that I look for possible long trades out of throughout the week.