Technically Recently we have seen a rally, the 9 and 21 Moving average shows strong momentum. We have been experencing some consolidation the past weeks, but are holding quite well with all the corona-virus-related-panic considered. As shown, tight stop, if it breaks below the low of yesterday candle, we will re-evaluate and wait for the setup. Target is the...
First Solar last released its quarterly earnings data on February 20th, 2020. The solar cell manufacturer reported $2.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.87 by $0.85. The firm earned $1.40 billion during the quarter, compared to analyst estimates of $1.86 billion The good note: Its quarterly revenue was up 102.5% on...
The daily uptrending channel has been broken, went back to retest former channel support and got rejected. We have now moved lower and made a new low, which reveals the current weakness in Bitcoin. I think we will see a bigger shakeout and a move down to the support zone around 7500$ before we set up for new highs.
Neo is showing weak strength on the RSI where it broke the support line which could indicate a further push down towards 10$ where we will be looking for the uptrending channel to hold support. 8.65$ is another level to watch for. Could potentially be a good place to pick up some for a long position. Neo has been consolidating in a range for almost 1,5 years in...
PLEASE ZOOM IN ON THE SPECIFIC SCENARIOS TO SEE IT CLEARLY I fell over a interesting and remarkable coincidence with gold. In the year 2007/2008 in the pre-crisis stage we saw a 12% gold rally after breaking out of the consolidation Zone. As of now we see the excact same pattern as we did back then. 2007/2008 we see a uptrending megaphone pattern 2019/2020...
1) Breakout of falling wedge 2) Cloud turned bullish 3) EMA crossover on daily and weekly 4) High bullish volume
Firdapse Spinal Muscular Atrophy (SMA) Type 3 **** Phase 2 data due 1H 2020 Firdapse MuSK-antibody positive myasthenia gravis (MuSK-MG) **** Phase 3 data due 1H 2020 Short Float = 13.23% Broke out of triangle, looking for a small pullback to the cloud / support line, have a stop under suport line at 4.20 and Target at 7.50 for at possible 70% upside...
Note that it's not a perfect pattern as the last cande before the gap down is not a large down candle. Anyhow it could signal a reversal of the downtrend if we gap up Monday and moves aggressively to the upside. It's a good risk reward scenario for a long as we sit right at the support level, which is being tested for the third time if we move up Monday.
Gold is right in the resistance zone and apex, it could swing lower and retest the cloud and support level at 1567 before breaking out of the triangle and head higher to the resistance at 1590. 01:30 - Monday 10 February CNY Consumer Price Index (YoY) (Jan) - Tuesday 11 February 09:30 GBP Gross Domestic Product (QoQ) (Q4) PREL 10:00 EUR European Commission...
Bavarian Nordic is a fully integrated biotechnology company focused on the development, manufacturing and commercialization of cancer immunotherapies and vaccines for infectious diseases. Is yet again testing the resistance at 200. The grey area is a 5 year previous Support/resistance zone, been tested multiple times. Break out could lead to a significant rally...
cBrain is a software company listed on NASDAQ OMX Nordic . cBrain F2, a revolutionary and highly effective tool for digital transformation of knowledge work cBrain offers the integrated F2 software suite: a highly effective tool and a fast track to digitize all workflows, knowledge processing, records management and communication, including social media, while...
update on FRPX Another pullback to the daily 21 MA, the increase after a dip has an average of 31.66% Stop Loss Close under 21 MA
The Beijing branch of China’s National Health Commission said a combination of lopinavir and ritonavir, sold under the brand name Kaletra by AbbVie, is part of its latest treatment plan for patients infected by the Coronavirus, which has killed at 81 people in China and sickened more than 2,800 worldwide. After breaking out of the downtrend, ABBV is coming back...
Agillic a Danish-founded software company with a proprietary marketing automation solution that serves as a platform for loyalty clubs and customer communication across all channels. Together with a network of partners and agencies, we help companies such as Matas, Sydbank, Mofibo and Egmont engage and communicate seamlessly with their customers. After a wild...
Weekly cup & Handle Since making new highs, there have been a slight pull back but the trendline stays intact and it remains in an uptrend. The trend is strong high above 50 week MA and preparing for a possible breakout to new highs. Don't fight the trend. Don't be scared of new highs. Catalyst 2020: Cervical Cancer Phase 2 data due 1H DARZALEX ENHANCE PDUFA...
Weaker than Expected Earnings 50 Week moving average looks strong and pointing upwards. AMD has been overly hyped and is overextended, it is due for a pull back and lower guidance might help it find its pace again, Could likely retest the breakout area the former ascending triangle . Before we see another price move up. Long-term view: Bullish , looking to buy a...
Last time it topped it was followed by a bearish formation know as the descending triangle . This time it "topped" it has been followed by a Bullish formation - the falling wedge Bitcoin halving is expected for the 12th of May 2020. - The exact date of the halving is not yet known as the time taken to generate new blocks varies, with the network averaging one...
Weekly overview Netflix seems like a correction have been taking place since the top at 423, and has formed a big symmetrical triangle, which could lead to a potential continuation of the upwards trend. on the contrary we see HASTINGS REED - CEO of Netflix - unloading his bags Netflix facing streaming competition with the likes of Disney, Amazon, HBO, APPLE. - ...