ColdAvenue

ColdAvenue

The Yield Curve can serve as a leading indicator of predicting the future stock markets' direction. The Yield Curve is a graph showing how the yields on government bonds change till the bonds' maturity. Government Bonds are debt obligations issued by a national government. The government (issuer) is obliged to repay the principal (amount borrowed) at the...

ColdAvenue

I think the stock will reach its pre covid level verry soon. I drew the bouncy ball scan on the chart. We have three lower lows, a strong support line and a strong uptrend. Additionally we have a cup with a handle. The handle is unfortunatelly not giving as much pullback as it would in a textbook example. But the steadily growing quartal erarnings and the todays...