ORDER: SELLafter Strong penetration, the resistance line with buyers We note situation squeeze buyers and high power of sellers
high probability to the trend go done to the resistance line, in this case, it's a support line
Nasdaq Composite Index CFD
Strategic Education $STRA$176.13 is a strong resistance to overcome. It may take couple weeks more to be strengthened and break out. It seems right shoulder missing head and shoulders,inverted pattern. Watch for RSI trendline as well.
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Grand Canyon Education $LOPE$LOPE is just below the 50SMA on weekly and RSI is above 50. It seems that it is forming Head and Shoulders,inverted. the right shoulder is missing though. To confirm the pattern needs to pull back and back above $98.93.
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QUALYS $QLYS did its back testAfter broke out the resistance since July 2018, it came back for back test and holding above the support now. It is a very good sample to be a long.
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MONGODB $MDB triangle ascendingFor confirmation of triangle ascending, it needs to break above $198.23. Watch for RSI resistance as well.
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PANDEMIA FACINGThis Company engages in the development and commercialization of therapies derived from genome-editing technology. Its proprietary platform CRISPR/Cas9-based therapeutics allows for precise and directed changes to genomic DNA . CRSP and Vertex creates new possibilities in medicine to cure diseases and improve people's lives. We work with leading researchers, doctors, public health experts and other collaborators who share our vision for transforming the lives of people with serious diseases, their families and society. The company itself still seems to manage and operates even we're facing crisis e.g. The COVID-19 pandemic.
BULLISHEngages in the development of antibody therapeutics for the treatment of cancer based on its Probody therapeutic technology platform. Its pipeline includes immunotherapies, probody drug conjugates, T cell engaging bispecifics, and other multiple programs. Shareholders may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The consensus statutory numbers for both revenue and earnings per share increased, with their view clearly much more BULLISH on the company's business prospects. hopefully by the end of the this week there is a possibility to shoot up here!
COVID-19 TREATMENTA company that designs and develops novel, oral and small-molecule medicines. Its drug candidates include Berotralstat, BCX9930, BCX9250, RAPIVAB, ALPIVAB, RAPIACTA, PERAMIFLU, Galidesivir and Mundesine. anticipates two regulatory approvals for berotralstat in 2020,
Even more impressive, that BCRX will likely get a significant near-term boost from the success of GILD's remdesivir in the treatment of COVID-19. it will help us a lot to conquer against the PANDEMIC. let the BULLS trend here!
ATH Till DawnThe company's approach delivers better clinical and financial outcomes while creating a different and better experience for people with chronic conditions. With that, the stock is performing so well that it appears to outdone other sector peers. This would seems to me that this stock may outperform the market over the next one to three months and continue bullish and hold ATH ranking. Maybe this delivers good news for everyone, right?
"Amazon: if price breaks, to the Fibo Zones" by ThinkingAntsOk4H Chart Explanation:
- Price broke the ATH Zone (Resistance).
- Price is currently on a lateralization.
- If price breaks it, potential to move up towards the Fibo Zones.
Weekly Vision:
Daily Vision:
Updates coming soon!
The BEARS are LURKING in the MARKET.The NASDAQ Composite it’s showing sign of weakness now, but despite of the two last red candles, it’s still a bullish trend . The price is trading inside an ascending channel, and it found support at the purple trendline again. The price is trading above the 21 ema and above the previous top zone, which is evidenced by the pink line.
It lost today the 8950 (thin blue line), and now the bears will have to struggle to break out of this channel. We need to look at the hourly chart for more information:
The price found support at the green line (previous bottom), and in the end of the day it did a bullish pattern . We must wait for some confirmation tomorrow, but it’s easy to imagine NASDAQ going up to that blue line again, or testing the 21 ema, then we will see if the bears are serious here.
On the other hand, there’s a possibility the bears will break free from this ascending channel without testing any of these resistances, and if that’s the case, it will seek lower supports , like the red line in the daily chart.
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Remark Holdings $MARK$MARK is pulling back after hit the pivot resistance. It is most likely pull back till 20SMA. There is negative divergence too.
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Stock is Unbelievably Soaring High Stock jumped as first-quarter earnings and revenue beat expectations on growth in education, healthcare and retail sectors amid the coronavirus emergency.
Twilio's software makes it easier for cloud-based applications to communicate.
for COVID19 testing kitsMDGS a technology company developing minimally invasive tools and an innovator in direct visualization technology, today announced that following the signing of a collaboration agreement with L-1 Systems Ltd.
This thing has soared after the announcement about getting the first, commercial order for COVID19 testing kits! From 2.28 to 3.46 after a single day is impressive and i'll be watching for a continues bull trend. I just ran across a Company With Major Catalyst whot has a Covid 19 testing kit that could be 10 times more sensitive than the standard
