Neo USDT Long Term Target. Target is >1k$Building good long position at Binance using their margin x3 option.
Coronavirus (COVID-19)
USDUAH---- UKRAINIAN CURRENCYSHORT USD BUY UKRAINIAN HRYVNIA
Dollar is donezo
Americans boutta be bumbz yo
FED printing so much USD
American citizens will never be free
The Best Way to Trade Gold During CoronavirusWe anticipated some ranging in gold before another breakout. Looks like we were a bit ambitious as to the breakout but we did see a bounce off 1973, as predicted. Gold does seem to be having trouble breaking out to new highs, which is understandable after how much it has rallied. The Kovach OBV has pretty much flatlined, so anticipate more ranging, if not a retracement. The levels 1973, 1955 or even 1936 may make good entry points.
JETS ETF Call Options With Bears ProtectionJETS invests in both U.S. and non-U.S. companies involved with the airline industry, including passenger airlines, aircraft manufacturers, airports and terminal services companies.
Due to COVID-19 it's one of the weakest sectors and from my observations it seems to fall first and raise last vs the S&P 500. As countries are slowly opening and getting a grip on the virus or at least are forced to push forward to avoid further economic impact, JETS ETF could potentially move up. I am around 70% inclined to this, especially since price seems to have breakthrough a range of 15.79 - 11.28
To protect myself from bearish moves. I loaded up on call contracts at a higher strike. This means that no matter how low price goes I will always get +$875. However my profits are capped at strike 20.99 with my risk being price moving upwards beyond strike 21.45. The plan of course would be to close the trade before.
Sell Calls 31 July - Strike 21, 0.3, Qty 45
Buy Calls 31 July - Strike 18, 0.95, Qty 5
Best Gold Trading IdeasGold continues to rally, having stalled at the psychological and technical level of $2000. The Kovach OBV has flatlined, indicating that it may range for a bit, feeling out new highs. Avoid fomo-ing into a trade here. Although we are still bullish of gold, a retracement is to be expected (and even necessary) for the sustained appreciation of this product. Watch the levels identified. Obviously $2000 will provide significant resistance so keep vigilant
10 Pip Stops CADCHFUtilizing small stop losses allows us to use higher lots. Many believe that using small stop losses ruins profitability but this simply isn't the case.
KO - 1D - 2.08.2020$KO - Favorite value stock post COVID. Multi time frame analysis.
1W - Solid bullish tendency. With a 15% average price correction every bullish trend. Tendence line is working as support. Even on smaller and actual time frames.
1D - Lateralizing on zone 43 - 50. Important resistance on 50 USD. Good volume indicating possible accumulation. Weekly trendline working as resistance too.
4H - Fibonacci at 0.382 looks quite strong as the first 4H support. Even though MACD showed selling signals, our last green candle stopped the fall at Fibonacci 0.236. Minimum corrections prices are getting slowly higher and creating an ascendence triangle.
1H - If we take a deeper look at Fibo 0.236, we can confirm that the price is slowly bouncing at that level. Just a little push left for MACD to validate the opening of a long position.
Conclusion: We need one more session with a good volume to confirm a long position and hold it until a target of 50 UDS. 47.40 USD will be our signal. KO its a solid long terms stock to hold. Also, dividends will improve as long demand its reactivated once overcome COVID impact.
EXAS: Continuation of uptrendNASDAQ:EXAS shows potential continuation of uptrend to the next resistance $119.36
🦠 CORONAVIRUS ⚠️How COVID 19 Impacts USD, EUR, GBP, CAD and CYN💬 As confirmed coronavirus cases ticked up in the US at a faster rate than in the other countries shown on the chart (a selection of EU countries Germany, Italy and Spain, the UK, Canada, and China) we have seen a subsequent weakness in the US dollar compared to the currencies of those countries (as seen by EURUSD, GBPUSD, CADUSD, and CNYUSD).
As you can see within the "Stage 1" range, there was a divergence between confirmed cases in the USA (Yellow plotted line contained within the indicator tile) and confirmed cases in other countries. This then led to an apparent impact on how people viewed the US Dollar's strength as is shown by the "Stage 2" range. This weakness in the US Dollar helped in creating a significant uptick in these other base currencies when compared against the USD base pair.
Further, you can see that not only did the initial divergence in corona confirmed cases between the USA and other countries have an impact, but as that divergence continues to increase as seen in "Stage 3" speculators are taking this into account and betting on seeing even more upside as seen within "Stage 4".
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Conclusion:
The weakness in the dollar has seemed to correlate with an uptick in confirmed COVID cases compared to the other countries. Given this correlation, one might assume that we won't see the downtrend in the US Dollar reverse until the confirmed Coronavirus cases numbers for the USA start to downtrend.
✨ Comments and feedback appreciated! ✨
A surprising bull case for General MotorsGM has been a company in decline for many years, and the coronavirus hasn't helped matters. Over the last three years, EPS shrank about 8.5% annually and SPS about 2% annually. The coronavirus caused GM to suspend its dividend, which at over 6% was the main reason for owning the stock. GM's stock price tanked hard, and I have to say-- based on current consensus estimates, GM has some absolutely *terrible* PEG and PSG ratios. Ordinarily I would short this stock hard.
However, the times may be a' changing for GM. Today the company absolutely walloped Wall Street estimates for Q2, with revenue 3.6% above expectations, and a loss per share that was only a third of the loss the Street expected. Guidance given on the conference call for the second half of the year is for $4-5 billion EBITDA, roughly 50% above the current Wall Street estimate. GM burned $8 billion in cash in Q2, but expects to generate $8 billion in the back half of the year, allowing the company to pay off the $16 billion revolving credit line it took out earlier this year. I should point out that all this guidance was tentative and contingent on continued economic recovery. But if it pans out, then I think we could see at least a partial restoration of GM's dividend early next year.
On the macroeconomic front, I see lots of signs that the auto market may continue to recover. Although revolving credit (e.g. credit cards) has been in decline during the pandemic, non-revolving credit (e.g. home and auto loans) has actually increased. Loan rates have been falling, and consumers are taking advantage of low rates to snap up homes. Home-buying data have blown out analyst expectations for the last couple months. What's good for homes should also be good for autos. Auto sales in June recovered slowly, from -30.2% YoY in May to -28.7% YoY in June. Auto sales are expected to show faster recovery in next week's July retail sales report, around -18% YoY. Fleet sales are expected to improve from -70% in June to -40% in July.
(Why bet on autos rather than homes? Because homes are supported by a government eviction ban that will be repealed at some uncertain future date, making that market risky. In the auto market, I have more faith that the numbers we're seeing reflect real market fundamentals. Here's another thought: with Americans moving out of cities and into suburbs and avoiding mass transit, auto demand may increase on permanent basis.)
Perhaps more importantly, GM's CEO said she expects "exciting updates" for GM's "Cruise" self-driving unit in the second half of the year. GM is a technology leader in the self-driving space, with only Google's Waymo ahead of it in the technology race. The self-driving unit thus may hold the key to a turnaround in GM's long, multi-year earnings slump. Some positive headlines from this unit would be a huge relief for embattled GM investors, and might even create some excitement around future growth.
For the near term, note that GM is currently trading in a triangle and is near the bottom of the triangle range, making this an attractive buy point with some technical support. In coming days I'd expect to see some analyst upgrades and upward earnings revisions on GM as analysts digest the optimistic guidance from the earnings call. I suspect we'll test the top of the triangle in the next two weeks, and perhaps break out the upper side in the event of a July auto sales beat.
Long MITO IdeaMITO does look good here. Volume is up this week considerably, the stock is trading above its supporting moving averages. The MACD crossed up and above the zero line. The 200sma would be a 60% gain if it makes it there.
ridethepig | DXY Market Commentary 2020.06.15A quick update here for those tracking the entire swing in Dollar:
It would be more natural to develop in this structure with a test of 99, since the impulsive sequence (if it is such) must eventually test 92.92 to complete the move. To keep up the pressure on USD the social focus will instead switch towards Atlanta and health focus on virus cases which sadly are shooting higher once more.
To exploit the USD "weakness" the positions are more of one:
📍For those tracking Short-term flows:
📍 For those tracking the Long-term Macro chart:
As usual thanks all for keeping the likes, comments, charts and questions rolling!
COUNTRIES ETF'S VS SPYInteresting way to see how some Countries ETF's have act since Coronavirus Pandemic
Biotech ETF Tests the 50-day SMABiotechnology has been one of the stronger sectors this year. It’s benefited from the combination of Covid treatment hopes (vaccines + therapeutics), and the macro backdrop (low rates/negative GDP).
As we highlighted earlier in the month, the iShares Nasdaq Biotechnology Index ETF broke out to new highs in late June and has been holding its ground above those peaks. Today it chopped back down to test $135, which has emerged as support since our last post. (That $135 line is also near intraday peaks a few times in May.)
The other big line is the 50-day simple moving average (SMA). IBB recently bounced there, and now prices are revisiting it.
This idea isn’t super fancy, but these are classic patterns in a sector that could make sense fundamentally. Biotechs are a long-term secular growth story. Long-term trend followers may like the risk/reward near the confluence of these flat lines and the 50day SMA.
Easy money here. Long $QLGNKeeping the great winning streak ratio alive.
CEO is great here - knows about value. I quote from his shareholders letter:
"...we believe our plans will help build significant shareholder value..." This means HI GUYS, BUY MY STOCK (lol)
These guys have the FASTEST COVID antibody test kit on the market (10 minutes vs Becton Dickinson's 15 minute kit) - it is currently SELLING and shortly we will see the FDA EUA PR.
In addition to all of this, company just closed a great offering for 8M at 5.25 - so the chart and that round is essentially backing you here. Kicker warrants are priced WAY out of the money so no dilution there.
All the main weekly oscillators SCREAM buy now - so this one is easy. Ride the wave and if there are some hiccups you add on dips, this chart is also NOTORIOUS for epic multibagger runs.
Long for the swing! Strong buy NOW
AUDNZD Short Opportunity - Catch the DowntrendAUDNZD is traveling in a trend channel that's visible on the 1-hr chart. Price deflected off the upper guardrail today and, as expected, sank lower, solidifying the downtrend. The target for the AUDNZD is the lower guardrail on the channel. Since price is expected to go much lower, now is the time to catch the downtrend. It would be nice to wait for a pull back before locking in a short position.
On the fundamental side, given rising COVID-19 cases in Australia, it is clear that lockdowns will have to be prolonged, and we will likely see more and more cases as the days go buy, leading to worsening sentiment in the AUD. Since New Zealand is doing relatively better in controlling the virus, I expect price will continue in a downtrend for the next few days, though we can expect consolidations and corrections along the way.
NOTION (0083) - Kajian Potensi TP (TF Weekly) 30/07/2020@09:45pmNOTION VTEC BERHAD (0083)
Notion VTec Berhad is an investment holding company. The Company is engaged in providing management services, and provides a range of services from design to production, tooling development, quality assurance, surface coating and finishing, heat treatment, and shipping and logistics. Its segments include Manufacturing and Investing. The Manufacturing segment is engaged in manufacturing precision components and tools, including design, other related activities and incidental services. The Investing segment is engaged in investment holding and provision of management services. Its products include Data Storage, Digital Imaging and Industrial & Automotive. It supplies precision-turned, milled, drilled and ground parts to renowned multi-national companies all over the world. Its services include product development, tooling and fixtures development, process engineering, mechanical machining processes, surface treatment, precision washing technology and waste water treatment.
SECTOR: TECHNOLOGY
SUB-SECTOR: TECHNOLOGY EQUIPMENT
TOTAL SHARE ISSUE: 504,975,973
PUBLIC FLOAT %: 50.73%
BERITA TERBAHARU: Pada 9 April 2020, Notion VTec menyatakan kepada Bursa bahawa syarikat itu telah memutuskan untuk menceburkan diri dalam pengeluaran peralatan pelindung diri dan komponen ventilator perubatan berikutan pandemik Covid-19 yang melanda seluruh dunia.
Lembaga Pengarah Notion VTec mengumumkan bahawa Notion Venture Sdn Bhd ("NVSB"), anak syarikat milik penuh Notion VTec, telah memperolehi Perakuan Pendaftaran bertarikh 27 Julai 2020 dari Registrar Corp yang mengesahkan bahawa NVSB telah berdaftar dengan U.S. Food and Drug Administration untuk Tahun Kewangan 2020 untuk topeng muka (kecuali alat pernafasan N95) untuk Orang Awam / Personel Penjagaan Kesihatan mengikut Panduan IIE.
NVSB juga telah mengirimkan sampel alat pernafasan N95 ke makmal luaran yang diiktiraf dan hasilnya akan durujuk kepada National Institute for Occupational Safety and Health ("NIOSH") untuk kelulusan. Sekiranya kelulusan alat pernafasan N95 diperolehi dari NIOSH, Notion beranggapan bahawa eksport topeng muka akan menjadi perniagaan jangka panjang syarikat.
Notion juga mengumumkan bahawa NVSB juga telah menghantar permohonan untuk mendapatkan sijil halal ke Jabatan Kemajuan Islam Malaysia ("JAKIM") dan saat ini sedang menunggu hasil permohonan tersebut. Setelah mendapat perakuan dari JAKIM, Syarikat kemudian akan mengeksport topeng muka ke negara-negara Islam tertentu.
ANALISA TEKNIKAL:
NOTION mengalami kejatuhan setelah melakukan corak DOUBLE TOP dan harga telah bertahan dan melantun pada EMA50 (TF Weekly) dan seterusnya melakukan reversal. Harga ditutup pada aras RM0.815 pada penutup minggu ini (30/07/2020 - Khamis). Hari Jumaat (31/07/2020) adalah cuti umum sempena Hari Raya Aidiladha.
Harga perlu melalui paras halangan Fibonacci yang kuat iaitu 0.382 (RM0.850), 0.500 (RM0.925) dan 0.618 (RM1.00) jika ingin meneruskan kenaikan yang lebih tinggi.
#feelfreetodisagree #notAbuycall #tradeatyourownrisk #TAYOR #BursaMalaysia
Bearish Pennant on AUDJPY - Anticipating Bearish TrendThere's a clear bearish pennant forming on the AUDJPY in the 15-minute timeframe. A bearish pennant forms when a triangle appears following a sharp downtrend. It is a continuation pattern that signifies a move lower. Recent news suggests Australia is struggling to contain COVID-19, given a surge in cases in Victoria (Australian state). As a result, it seems that lockdowns will have to be extended beyond what was initially expected. This fundamental reason combined with the bearish pennant chart pattern makes for a strong short opportunity.
