TitaniumCapital

TitaniumCapital

Trade Thesis | Primary trend for Zoom continues to be bullish. Price bounced perfectly off the 100 MA following a needed correction from ATH of $590. Every major social media company saw strong QoQ growth in user bases. Expect a sharp rise in volume with the upcoming earnings 11/30. Expect strong growth in user base for July-September. (COVID summer meant you...

TitaniumCapital

COVID-19, oil price wars, fractured supply chains, travel bans = unprecedented financial and societal disruption and we just ended an 11-year bull market, the longest bull market ever. Are we at the cusp of the next economic collapse? Technical Analysis: • During every significant bear market, price action moved well below the Ichimoku cloud and exceeded...

TitaniumCapital

Number of coronavirus cases increases to 229. Europe's most affected country. The uncertainty around this virus will adversely affect economic progress and alter growth projections in the short term.

TitaniumCapital

My 1st level to watch is at the 100 reversed Fibonacci level. AMRN is expected to beat earnings guidance and enter profit territory for the first time. Bullish flag is forming.

TitaniumCapital

236 Key level to watch. Market is due for a correction.

TitaniumCapital

Fundamental: 1) Multiple tech companies are trading at all time highs. 2) Corona-virus has potential to spread and may halt global economic progress. Technical: 1) Level to watch is 236 @$215. If price action supports at this level, we may see a reversal. If price action breaks at this level we can accept confirmation of a correction which may lead into a bear trend.

TitaniumCapital

We are seeing a critical support level forming from this consolidation. It's highly probable that price will continue with the prevailing uptrend. Great zone to buy!