I see some nice upside in $COTY right here. It's a re-opening trade as I expect more sales in make-up during the summer, as face-masks are no longer needed and people go out more. Technically it's showing a weekly regexp and a daily regexp. So in the short term I expect a bounce to $9.80, and until the 26th of July there's room to grow to $12.05, that's a 38% upside.
Virgin Galactic NYSE:SPCE can be an interesting stock to buy soon. Caution should be advised because of potential hype that comes with this kind of stock (no revenue at this time). Technically, we see a detachment of the mode at $16.82 as of last week. This fires an uptrend that lasts well into Q1 of 2021. Interestingly, NYSE:SPCE is planning to send 4...
Even though the chart explains itself, here is a quick explanation. I'm long in oil since 23-06 and have added once at 21-07 (see yellow stars) and currently have a 1.2% position. I think this uptrend can continue at least until the level where oil has seen a top 4 times before. Price has expanded range on 25-07 from the 6 day mode (cyan line marked "6 day mode...
Something to pay attention to. $MRK might be building a mode here. The daily downtrend stopped at the arrow. I'm interested to see if it can find support at last KEL and move up from there. Perhaps after earnings we will know more. It's on my watch list.
Although not necessarily for First Solar. Read on... Positive fundamentals First Solar focuses on module manufacturing and developing utility-scale solar plants. I work for grid operators (Europe), and see them doing more and more experiments with renewables. Developing batteries for storage, new grid components for PV (solar panels on roofs) that enable 'peak...
Reason: Parabolic on the daily time-frame. Time to go back to last earnings level (see daily chart). I'm already short as of 23 november, but I am adding more at top of this pull-back as shown. My earlier S/L was a new high, but moved that to break-even. New S/L will be at top of recent decline $93.92. Daily chart: