Going back to $40 is nice.
"dreams of deals" create volatility which is good for trading.
GSK is a European company who has experiences in working in various political environments.
Several FinTwit in my network asked me how to use the Relative Strength indicator which I called PriceRatio in TradingView. My best explanations are noted in the text box of this chart. I use this approach to analyze most indicators and stock price actions.
IPOC is dancing in a downtrend channel of its 8-hr chart; so the trade is selling the extremes; fundamentally, it is a gamble for long-term investors.
$OCUL someone bought a bunch of Jan 2021 expiry 23C's early this afternoon. This name isn't a big option trader with average daily option volume barely over 400 contracts. Volume today on the 23C strike is currently 1058 against only 16 contract OI. They paid around 1.60 to 1.80.
SPR crossed above its Bollinger band -> a sign of possible outperforming the market. MFI crossed above its Bollinger band -> a sign of positive accumulative volume.
In order to get to $85, it needs some compression!
Trading on the bullish side based on the MFI theory.
Trade this upcoming breakout with a disciplined risk management.
range trading via limit orders: from $79/80 to $83/$84
BYND has a lot of fans and its products occupy more shelf space in various supermarkets.
Notes from Argus Research: "We would put a stop-loss under the 20-day at $150, with a final stop at the 50-day at $135. We would take profits in the $200+ area. The pandemic has closed theme parks and emptied movie theaters. Instead of crashing, however, DIS rallied to a new all-time high last week, after it released eye-popping subscription numbers for...
I have no position and plan to find an entry based on what the market gives me.
I'm betting that SGMO will "fly like a duck".
Collected notes from FinTwit: AstraZeneca PLC has built a formidable supply chain behind its bid to join the front-runners racing to deliver a Covid-19 shot. The British drugmaker has assembled a network of manufacturing and distribution partners spanning the globe, the WSJ’s Joseph Walker and Jenny Strasburg write, while striking deals with governments that...
higher lows during a consolidation after a big rally is a sign of a healthy bull! I am buying the dip!