NOVAVAX close to a breakout point. Risk reward 2:1.
CNST is approaching FIBO 0.5, Potential Uptrend.
Boeing - BA - is on a potential uptrend. Today stock was up and broke the Ascending Triangle level.
Royal Dutch Shell is a major player in the Oil and Energy Sector. Strong Fundamentals and Strategic Stock. High Dividend Yield and huge potential upside. The Oil sector is under a lot of volatility and stress. Lots of companies will fail, but the larger ones will shine.
Wells Fargo WFC has been hit by the Covid-19 crisis more than its' peers Citi, JPM or BAC. Now pricing at 27$ which is very close to the Support level. We also filtered this by looking at their fundamental ratios.
ALXN Alexion Pharmaceuticals with a very strong fundamental background is reaching a big level of support. It could offer a big upside once if it rebounds on that support. Keep an eye on this one.
Air Lease Corp or AL is seeing what could be a potential great long set up. 3 indicators converging into one set up: - Price close to 50D EMA - Price bouncing on Fibonacci level 0.618 - Price touching Trendline Despite markets looking bad this week, this could bring some potential upside.
Source: Corriere della Sera Over 150 cases of Coronavirus in Italy and 7 regions are blocked and many villages in quarantine. Austria blocked all trains coming from the regions ar risk. Risk on for Europe this week. This present a potential short opportunity as the week starts. This idea provides two target levels and good buyback opportunity at Target 2 if reached.