Pfizer (PFE) broke and closed today above the Channel Down that has been dominating the 2022 Bear Market since the January 11 High. At the same time the 1D RSI has been ranging and while the 1D MA200 (orange trend-line) held successfully last time, we do expect one last test or for an even more comfortable long-term buy, the 1D MA50 (blue trend-line).
As you may...
Model projecting (and giving heads up) that a new (small) wave should be starting about 20 Dec 2022. This suggests that Singapore will go into 2023 with a COVID wave mostly brought back by holiday travellers. In fact, it has already started and the model just projects a date line where it gets noticeable for the media/regulators/agencies to pick it up too.
IF...
The Australian dollar has rebounded on Tuesday after a poor start to the week. In the European session, AUD/USD is trading at 0.6737, up 1.28%.
What goes down ... can go right back up. This has been the story early this week for the Australian dollar, which tumbled 1.5% on Monday but has recovered most of those losses today. The Australian dollar was hit hard...
The 2021 BTC double top anomaly is in my opinion a result of the covid crash in 2020.
Double tops are rare.
This one was the first of its kind for BTC. (gladly correct me if I am wrong)
The double top of BTC on 2021 ended on an almost clean close at the 2.272 fib level.
Most of people in the space know what this fib level represents.
The next bull cycle top...
Was in a number of private discussions over this week, and noted that there appears to be some dynamics in motion currently.
Quick note that the Singapore 6th COVID wave is pretty turned over, according to the data provided publicly. It was a smaller wave compared to previously, as expected.
However, the neighbouring Indonesia is currently in the midst of a wave...
Brent Crude Oil price is expected to consolidate between 93 to 100, with the main catalyst being China's Covid Policy.
There were on-and-off hopes of China's reopening.
However, we are still very much on the fence given the continued strict Covid measures in China.
On the other hand, China did announce an easing of the measures, reducing the quarantine time....
Good day everyone! Last week, we saw the feds + the rumors of china reopening pushing USD down alot. Now that we know china will not remove their zero-covid policy for a couple of months, USD should get stronger!
Also, thanks to everyone for the support lately, it really keeps me motivated to give the community the best quality analysis!
Cheers to many pips!
As China reaffirmed its commitment to its zero-corona strategy, dashed hopes for an economic revival that may increase global demand, the New Zealand currency declined below $0.59, erasing gains after a robust surge.
China has said that it will continue to impose restrictions in the interim. Naturally, that raises the possibility of a possible adjustment as...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Mirum Pharmaceuticals announced a shelf offering of $10 million today. This...
I do not know the robustness of the data collected, as it differs greatly in different places.
But with just a quick comparison:
Singapore relaxed mask measures on 29 August, and from early September, there was already an uptick and the MACD histograms pointed out to late September crossover. Indeed, on 30 September, CNA reported a 40% week on week increase in...
$SIGA followed my chart very precisely and hit my short target💪
I just noticed that $SIGA actually forming a Bump and Run bearish pattern and it could dip even lower to $8-8.60
If it holds above the trendline and volume increases, this pattern may be invalid...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Entry: $9.62
Take Profit: $13 (+35%)
Stop Loss: $8.98 (-6.6%)
*Stop loss is...
This is the GU setup I am currently looking for around the 1.16000 psyc level where I would like to see support form on the H4 timeframe to continue the current H4 uptrend. The fib target is directly at the Daily timeframe support/resistance level so that is perfect area to key on.
GU approached the Covid Lows made for the first time since March 2020 so this...
Oil bottomed out at 81.30, as expected. Oil prices are generally trending downward off recession fears and china coronavirus lock downs . We are seeing a small pivot off lower levels and an attempt to regain 85.55, which should provide strong resistance as it was a low tested several times earlier last week. We are starting to see strong resistance as we...
Simultaneous 2W Red Bars for all the above*. SPY is in pink so it stands out (by popular request).
This is relatively rare p= 0.028: 11 out of 387 bars since GFC
The chart shows the 11 periods with a yellow vertical line. Each asset is shown independently (upper left) as well as a horde (bottom)
Since the choice of ETF's was neither complete nor systematic,...
The RUT ETF crashed with the COVID market phenomenon but then recovered better and faster than the SPY in 116 % of price appreciation
in less than the one year that followed. Since then RUT retraced about 1/2 of that uptrend.
Presently on the weekly chart, the price is relatively stable. The RSI bottomed out in the oversold territory and is now in...
