Looking to short WTI Oil as it forms a new downtrend channel after breaking an uptrend channel last April.
Currently, the stochastic is showing potential buy signal for a short term upswing, however, we are looking to short on a better position at higher price around $61.22.
Bullish view on Clovis Oncology as it breaks $30 price resistance.
CLVS jumped 13% last Wednesday as sales of its Rubraca drug used to treat ovarian cancer patients went up 33% compared to previous quarter.
Materialise, hits a new 52-week high after breaching way above its price resistance at $16.76. The company is a rapid prototype designer and manufacturer that focuses on 3D imaging software.
There are currently no news of an impending merger or acquisition. However, there is a suspicious large volume of buying.
Current price support is at 17-18 USD per share.
...
