50% retracement followed by another leg down. CPI data continues to be high, and consumer confidence decreases.
10% tp break out towards the up side combined with fundamentals for cancer research
testing the resistance with continuation to the down side -SRAS uncertainty -Short from 109.494 SL-109.674 first TP - S1 level
Break out possibility with continuation of the upper trend
Retracement possibility till 50% Fib 4H chart - support have been met plus a hammer bar
-Triangle formation ( if broken we are looking at further expansion towards the up side ) - Government yield pattern broke down to the down-side ( inversely correlated) - World Uncertainty
short position on USD/JPY due to the following facts: -Weekly Triangle formation (W Chart) Reversal to the down side -SARS spreading in the East -Consolidation at 110.10 followed by massive bearish engulfing 4H ( sellers taking control )
- Potential for 30% retracement from lower low to higher high. - Resistance line at 109.697 met followed by a hammer bar signalising down trend opportunity - RSI signalises overbought
Would that be the top pick of 2020 ? Exelixis shows strong balance sheet plus the growth potential from further expansion. Stock Mover - Exelixis Further Expands Prostate Cancer Cohort in Phase 1b - Exelixis to Present at the 38th Annual J.P. Morgan Healthcare Conference on January 14, 2020 What do you guys think ?