USOIL will rally up to 35 in the next 10 days, but it will face a strong resistance up there! If it could pass 35 strongly then maybe we see a sharp bullish trend!
The long term view is still bullish, however this week we are going to have a correction!
Classic DOUBLE TOP pattern! No need to explain!
HAS JUST PENETRATED THE DOWN TREN LINE AFTER 9 MONTHS!
In the last trading week, you can't find any equity more volatile than JCP! please share in comment if you know any!
we may see a correction to the 1710 level this week!
Since 2020 Vir biotechnology has experienced 2 sharp moves, one 145% in 18 days and the other one 347% in 5 trading days. I think this is highly likely that we experience another sharp move in the coming days! Keep it on your watch list!
Bitcoin failed for the second time in the last week to pass 10000. in my opinion, in a short time frame, it would so hard for bitcoin to jump and stay above 10000. Technically, it could be the right time and the right place for short!
They have a project to develop a polyvalent vaccine for SARS, MERS, and COVID-19. IF they could develop it, they will be the winner of this game by far!
Keep it in your watch list for a 20-25% gain in less than 3 months!
INN MY OPINION BREAKOUT WILL HAPPEN sometime BETWEEN 14-22 MAY! HOPEFULLY, WE ARE GOING TO TEST THE ALL TIMES HIGH AT 1923 OZ/USD BY JUNE 2020.
Education: A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. Do not ignore the BEAR in the market!
Bitcoin Failed to break the most important resistance level at 10000 and dropped 13% after 55 days of the bullish rally. It is highly likely that we see another down lege in the bitcoin price to 6200-7800 consolidation zone soon. What makes it more possible is the appearance of the famous 3 BLACK CROWS in the chart!
Slack has just passed the most important resistance level!
After exiting the downward channel and making a cup and handle New gold is ready for new targets!
AFTER BREAKING ALL TIMES HIGH, NOW WITH A SOLID PRODUCTION REPORT AND THE CONSERVATIVE MEAN GOLD PRICE OF 1500 OZ/USD IT IS READY TO BREAK THE CHANNEL AND A SHARP UPTREND.
May 2020 Could be one of the worst months ever for those who don't accept the Bear market!
The first down leg was caused by Absolute panic, but now it is time for the fundamental elements to play their roles! More than 30 million Unemployment claims and -7.8% consumer confidence index means lower spending in coming months which will lead to lower sell and profits for companies! Don’t forget that average bear markets lasts 16 months!