Due to price action and previous data points in similar market conditions there is likelihood this stock remains bearish for some time. Also, the recent stimulus plan did not include airlines in it. So until a bailout comes for the one or two people flights that are happening these companies Earnings will continue to go down and some airlines will go bankrupt....
Big coin is playing between a channel right now which means once it hits the bottom of the channel it would have a upward burst into a bullish market. Another technical enough goes hand in hand with the fundamental factors they have been playing in bitcoin, such as acquisitions across the world pertaining to bitcoin.
Also, is one of the hottest topics of...
Gold is going up towards the 1550 area and we know this because it is been playing on the trend line for awhile and is now pushing towards the area with a lot of influence because as S&P get stronger that only means that there's more room to fall for the equity S&P.
However, I open my trade around the 1480 area, in that's when the Fed decided to keep the interest...
- UJ has held up to key support levels so I am expecting some upward pressure to continue.
~~~~~~Looking for possible resistance at price level now, then buyers will flock out of trade (they get nervous)
~~~~~~ you will see institutional investors pile on long(buy) positions to continue the dollars inflation path
--> Call made based on technical factors going...
Shorted at 1535, now with inflating dollar we could see more downside.
- Tp: 1453
- Tp2: Tentative
- Sl: Trade at your own risk
--> Next we want to look for possible retrace after this downward pressure.
--> Followed by a push even lower as indicated in my Chanel on the weekly time frame.
--> Stay informed with the latest updates by messaging me and...
Started shorting AU .68739, on larger time frames we should see further downside through FOMC news. It proved the general trend is downwards.
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Pullback after heavy sell of, recently retested the trend line and is possibly going to have further continuation of trend. If it breaks the trend line I will update and look for long positions.
