veritasBS

veritasBS

CHART: TSLA has retraced to the 50% level @ $650 with the overall market beginning a declining wave. Expectation is a return to lows for TSLA. FUNDAMENTAL: Demand and deliveries have cut in half. Projections of economic recovery are progressing further into the future. TARGET: $330

veritasBS

The price of SPY reacted to resistance are @ $75. The chart action is reflecting 2008-2009 decline. If the 2008-2009 fractal plays out, there should be steep drop in SPY before ranging near the lows. SPY SHORT: $273 TARGET: $230

veritasBS

It cant be this easy... SHORT - $255 TARGET - $233 December 2018 market low still in play here.

veritasBS

OWENS & MINOR INC NEW COM - Chart: Advanced off lows and consolidating in an area of long term support/resistance for over six months. A breakout over $8 should lead to appreciation to >$18. Fundamentals: Medical supplier seeing increased sales of essential PPE used in COVID19 fight. Sales will continue for several years as the virus is fought and after as...

veritasBS

Live Nation Entertainment {LYV} Chart: The price has rebounded to the 50% fib retracement which also aligns with historical support/resistance areas. Fundamentals: Live entertainment will be one of the hardest hit areas form the COVID19 pandemic. Short Target: >$28