Back in the middle of June, we jumped over $182 to $185 approximately. We are in a short-term bull trend, a support at the 200SMA. If we can fill the gap (check chart), we could see a rally up to $200.
Episode 10/11 : US (SPX) Sectors Technical Analysis Series - 31st of July 2019 Brief Explanation of the chart(since everything is labelled on there): (30 seconds read) First and foremost : Similarly to the XLRE Index, the XLC was formed even more recently(2018), so obviously due to the lack of data this analysis should be seen at most as informative . In...
Averaging the move of past earnings and options data. Facebook will move about 7% up or down . *Note this is not a short or long - but a volatility study... This way you can measure how much you will win/lose on positive or negative surprises.
ROKU raised its third flag. Technicals: RSI(10) @70 OBV at all time high CCI(10) @50 - high resistance line Price range at all time highs Bollinger width show a relative squeeze. Fundamental and technical analysis show ROKU as a good short-term as well as long term investment.
Amazon just showed a technical bull flag. RSI and OBV confirm short-term bull trend. I would wait to see how AMZN and the consumer discretionary sector (XLY) behave after the FOMC meeting on Wednesday June 19th 2019.
#XLC - communication services sector
One of the big themes to come from this week's midterm elections will be regulation in regards to data security. Over 4.5 billion records have been compromised this year, and six social media breeches account for 56% Facebook has admitted two highly significant breeches since the Cambridge Analytica scandal. Look for FB to see regulatory pressures along with...