Gold update now
ANGLAIS :
Good morning my friends , as we mentioned yesterday, gold broke three resistances and our analysis was successful
After failing to penetrate the red ingredient mentioned in the previous analysis, he will return to re-test the red resistance. If it is broken, gold will fly in the moon
FRANÇAIS :
Bonjour mes amis , comme nous l'avons mentionné hier, l'or a cassé trois résistances et notre analyse a réussi
Après avoir échoué à pénétrer l'ingrédient rouge mentionné dans l'analyse précédente, il reviendra pour tester à nouveau la résistance au rouge. S'il est cassé, l'or volera dans la lune
Future
Corn Looking Aneamic - But How Low Is LowWith the breakdown in ethanol needs, general and feed lot demand, corn has suffered immensely. Recent favorable weather has also pushed the shine off the this juicy grain. From a fundamental point of view demand and exports looking to offer more support into later part of year, TA was looking good until recent sell off. The rally on 29th June shows how quickly the buyers can come back to market though. The drop 11th July however, shows how quickly contracts can fall. Overall, looking at 4 hour, long is my preference, given the higher lows, and higher highs since around the 29th April (from each large move not just the candles). That said I am careful of my entry point. For a riskier trade I would buy at today's price around $3.20, but I am also considering a wait and watch approach for a re-visit of $3 based on upcoming news. Fundamentals may produce more favourable yield results, but demand is set to return, and this may bring the buyers back for a snap rally - which is why I will avoid short positions at this multi year lower price point at this time.
ILLUMINA (ILMN) potential breakout over resistance $372ILMN is one of the highest conviction picks by ARKK investments (ARKK). They invest in disruptive technology that could potentially change the world.
Another pick Invitae(NVTA) has a similar pattern and broke out recently.
Level exhaustion at the $372 level and a potential accumulation zone. A daily close above 372 would be bullish.
An overall bullish sentiment with the price well above the moving averages.
Some key metrics I looked at,
3Y revenue growth: 13.89%
ROIC: 14.22%
P/CF: 48.54
P/S: 15.48
DCF value: $162 (Simply Wall street)
PEG: 2.2X
Future growth: 26.8%
Historical growth: 17.6%
Rule of 40 = net margin + revenue growth = 29+13= 42 (42>40, OK)
Potential tailwinds,
- Leader by market share (More than 90%)
- Relatively new industry
- Covid19 accelerating genome revolution and health trends
- The decline in cost curve
ALEXION PHARMACETICAL DAILY ANALYSISHi friends
the daily chart of this market shows that it will experience an upward trend in the coming days but you must not enter the buyer if it did not break the 115.93 level with the vigilance of the market change towards the opposite direction
Ever had a premonition? ONT Ontology VS ADA Cardano... BullishWish you could see the future?
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DYOR . Not Financial Advice Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Is There Something Going On Here? And Some Deeper Thoughts The Dow
First thing I'm noticing is the red line seems to be the support on three occasions, with three distinct periods from 2018 where the DOW dropped to the red line and recovered.
2020 Corona crash has had a somewhat perplexing recovery, which to me defies absolutely all and any logic!
It's absurd the DOW has rallied like it has given the economic horror story that's unfolding and mass unemployment, none of it remotely makes any sense.
The absurdity of the recent gains on the questionable unverified results from Gilead shows that unless you're worth at least 8 figures, have wealthy connected family or friends then you shouldn't put your money in the markets at this point.
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Personal Thoughts & Musings
Is it setting up for another far steeper drop ? The logical brain of mine thinks that nothing lasts forever and infinite unending economic growth is impossible.
In history and in nature, nothing lasts forever!
The question is how long does this go on for ?
I think we are teetering on the edge of the end of the "20th century / American" era and truly the beginning of the 21st century era, much of the way things were will slowly come to an end in another 30-50 years memories of the 20th will be like the think of the 18-19th centuries today.
The defining moment that people will say the 20th century truly died is when Queen Elizabeth II passes in the near future.
Future LifeStyle About to Give A Breakout .Contraction After Expansion .
Price Above 13 and 34 days EMA .
Volume Expansion (Strong Indication )
Stock Looks Like In Accumulation Phase .
Breakout Level 164 (Breakout Should Be With High Volume And Bullish Candle )
Target 187 , 208
Book 30% On First Target And Trail Your Sl Above
Book 30% On 2nd Target And Trail Your Sl .
LTCUSD Risky LongHi
As you can see in my chart, there is a possible channel which has a lot of breakout or takeout during the time, and the price has broken it with strong momentum, that why I'll go with a long position till 48 prices. That might be a barrier. I put the stop below the price shadows on the channel. Take this trade at your own risk.
Why? Because in a bigger picture, the price has broken a more significant channel form downside, but I think it will bounce back in it. (I haven't drawn the channel in the chart.)
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GC 15-06-2020THE GOLD IS RESPECTING THE SUPPORT AND RESISTANCE LINES AND THE VWAP INDICATOR IS TOO NEAR TO THE CANDELS