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Coronavirus (COVID-19)

MALAYSIA COVID-19 situation snapshotLooking at the MACD projection model for Malaysia, it is rather alarming... The current wave is Wave 2 for Malaysia and it is accelerating at a faster pace than previously. suggesting that the plateau for this wave is further out, being months at least. Unless, a lot is done to control the situation pronto. As I am not privileged to the local happenings, I can only see from the chart that there is a bigger wave in Malaysia compared to Singapore. Being close neighbours, it would be a while before clearance, and may even affect Singapore in some not so direct way in the future as well. Take care everyone!
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by Auguraltrader
Travala AVA 300% gain this summer?Travala is my favorite Alt for a year now. I continue to buy the dips and sell the bounce. This is one of the undervalued Alts hit by the pending. If you believe this summer tourism and traveling will ease down, then have a look at AVA. Technically AVA is staying strong above EMA, continues to climb vs USD. My new entry is marked in blue. You can have a conservative exit at 1600 sats, then buy the dip or continue riding it to discovery mode.
Long
by eBlockChain
SINGAPORE COVID-19 Wave 3 Projection Update IIILast week, an update was made and projected that this Wave 3 was to be more significant and previous, as well as longer in duration. The days passed with events that corroborated with the projection, and in fact, surpassed the projection. The MACD histograms had crossed sooner than expected and the MACD lines show the momentum of the up trend. What this translating into is that this Wave is growing and becoming larger as the days go by. The previous projection was still underestimating the amplitude of the wave; which now looks larger and longer to contend with. By estimating the the momentum, together with virus infection dynamics and including measures imposed, it may be reasonable to expect at least 6-8 weeks before we see the plateau. This would bring us into July 2021. Check in again next week... meanwhile, stay safe, seriously.
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by Auguraltrader
COVID-19 analysis. Please be hyper viggilant.For public awareness void of media or political bias. I wish not to scaremonger but to provide an analysis where early signs of another wave are evident, as per my civil duty. Analysing this set of data is very different in approach due to how complex measurement of a pandemic is, and the various metrics and other substantive data to contextualise. However, I simply explain as I did in the previous analysis - where such an area is 'broken' (significance of area is validated by trend line applicability contasted againt last area of concern and the correlation between the two) there is an increased risk of accelerated transission plus the latency period, on average 3-5 days but up to maxium of 10 days. My apprehension regarding the MA 50 and how it currently presents is indicative, based on previous methodology in analysis of COVID, that we may be in the early phase of another wave. Don't fall victim to complacency, increase measures to keep yourself safe and raise awareness where appropriate.
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by UnknownUnicorn6513259
Grains will shock youWith all the drama of last year and many areas locked down, one of the big sufferers was agriculture. Much of last years yields went to waste and panic buying occured. Which I'd guess also went to waste for the most part. As you can see on my chart I'm expecting a sizeable pullback in price before the event, which is completely normal. let it collect the orders down there and get in where you feel comfortable. From there hold way into 2022. I wouldn't like to call the top on this, but it'll be impressive. Checkout soybean and corn also. Why do you think they drove up so hard in price? Happy trading and don't long just yet. (July?).
CBOT:ZW2!Long
by UnknownUnicorn1040545
UK COVID-19 Next Wave ProjectionI was just having a conversation with a Singaporean good friend who lives in London, and called this afternoon upon learning about the (earlier expected) stricter measures that was just announced this afternoon. We were exchanging views on how the countries differ in the management of the pandemic, and the consequent success and failures. Then mentioned that UK may be next... and I offered to use the same MACD system to project for the UK from the current known status. In the chart above, the MACD corroborates that the situation in the UK had somewhat stabilized over the last two months after their Easter lockdown. Thing is, there appears to be a levelling off, and the arc drawn is projecting how it might turn out over the next weeks... and projection made that the start of a spike is at the end of June, into July. IF this projection is on point, then outnbreak news should be seen in the latter part of July. Let's test this system again! Meanwhile... do take care, stay safe, stay healthy, especially if you are in the UK.
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by Auguraltrader
Back to Pre-COVID19 Trend. Price Target 25 for the Coming YearFundamental analysis indicates a rewarding buy and the past year wouldn't have disappointed, exceeding the market average with steady growth. However, as the market approached the GameStope Squeeze, amid the buying frenzy of the beginning of the year, SOLARIA hit the ceiling, tried to revive the trend again back in the day of the squeeze, and then gave up to a bearish trend ever since, now ongoing for 3 months. To analyze the effect and the prospects, I included her ESP35 index as an indicator of the local market ecosystem (please note that SOLARIA is not part of the index). I also included NYSE:BB to show the effect of the GameStop squeeze clearly. First thing to notice is the pre-VOVID19 trends: Blackberry was downwards with a relatively small angle. ESP35 was upwards but fell heavily as a result of the first lockdown. SOLARIA was up with a relatively small angle. After the first lockdown, and as the market gained momentum from the sudden fall of prices, SOLARIA was the largest and most steady gainer among the 3. Looking at the 3 graphs together, you can identify October 28, 2020 as the start of the major bullish trend that culminated with the GameStop squeeze and caused SOLARIA to lose half the gains of the prior year. Now, things look as follows: Blackberry trending downwards towards the pre-COVID19 levels, losing all the gains of the squeeze. ESP35 is trending upwards towards its towards the pre-COVID19 levels. SOLARIA, as the pitchfan shows, is currently leaving the COVID19 trend altogether, towards the original one of the smaller angle, as highlighted in the graph. Perhaps, the most important piece of detail here is that the RSI is not showing an oversell, which means that SOLARIA's price may continue slipping slowly without resistence until the COVID-19 effect is cancelled and it finds support in the original, pre-COVID19 trendline. I will pick something between the trendlines of the market and the pre-COVID19 level and go for a price target of 25 by April next year. Since the fundamentals are good, the price is at a low, and is cheap, a long-term long would make sense.
BME:SLRLong
by MontyMacht
Aussie steadies after slide, RBA nextThe Australian dollar is steady in the Monday session. In European trade, AUD/USD is trading at 0.7722, up 0.14%. The US dollar showed some broad strength on Friday, and AUD/USD fell 0.70% and briefly fell below the 0.77 level. The greenback was supported by inflows from international investors who snapped up US Treasuries in month-end rebalancing flows. Strong US numbers on Friday also gave the US dollar a boost. The Core PCE Price Index, which is considered the Federal Reserve's preferred inflation gauge, rose to 0.4% in March, up from 0.1% beforehand. This is another indication of inflationary pressures, as the US economy continues to sprint at a fast pace. The Fed has stated more than once that any spike in inflation will be temporary, but it's not at all clear that the market has bought into this stance. If inflation numbers continue to rise in the coming months, the Fed may have to acknowledge that higher inflation levels are not a passing event. On Friday, Fed Governor Robert Kaplan, who is not a voting member, said straight out the Fed needs to be talking about tapering its asset-purchase program. The Fed has insisted that it needs to keep its foot to the pedal as the economy continues to recover, but there's a good chance that other Fed members agree with Kaplan. The US economy has been reeling off impressive numbers, and the April nonfarm payroll report is expected in at 975 thousand. A print above the one million mark is certainly achievable and would provide ammunition to the view that the Fed should review its current policy. The RBA is facing a similar economic picture to that of the Fed - a rapidly improving economy and strong growth. Like the Fed, the RBA has implemented a highly accommodative policy in order to support the economy's recovery from the Covid pandemic. The central bank holds its policy meeting on Tuesday (4:30 GMT), and the bank is expected to maintain interest rates at 0.10% and its QE programme of A$100 billion. Unless there is a surprise announcement, I would expect the RBA meeting to be a non-event for the Australian dollar. On the upside, 0.7787 is the next resistance line. Above, there is resistance at 0.7864. On the downside, there are support levels at 0.7665 and 0.7620
by OANDA
Trading Idea - #McDonaldsBUY: ENTRY: 235.10 USD TARGET: 260.00 USD (+10%) STOP: 221.50 USD 1.) The former downward trend (Oct.2020 - Mar.2021) was ended by a strong upward movement, which broke through the resistance level at 230 USD. Technically speaking, this means an upward movement continuation. 2.) The business of the world's largest fast food group has recovered. The reason for this are the many drive-in restaurants especially in the US, as well as the delivery service and the digital offers. 3.) For 2021, McDonalds is considered a profiteer of the step-by-step reopening in the pandemic.
NYSE:MCDLong
by Traderherz-Analytics
SINGAPORE COVID-19 Wave 3 Projection Update IIToday's hot news was that Wave 3 is upon us and appears to be bigger than initially anticipated. So, relooked at the charts... charts that had predicted the Wave 2 spike in COVID-19 cases in SG in November 2020, which appeared in January 2021. (See attached links to related ideas below) And again on 5th March 2021, which gave heads up on a clear and present spike in weeks to come. Basically, I have a custom Fibonacci-ed MACD that I use for technical analyses, and I applied it to the COVID confirmed cases. These numbers only increase, so I was analyzing the moving average trends, and realized that the convergence divergence model could be used to give heads up on increasing numbers. So far, 2 out of 2 waves projected about 6-8 weeks in advance. That's a 100% hit rate that would have given critical time for action. Looking at the daily chart on the left panel, where the rising MACD histograms project a spike. And once the histograms cross over above zero, within weeks we will see the spike in the reported numbers. What appears worse is when the MACD crosses over. As seen from early April 2021. Now, using the same model, I apply to the weekly chart of SG COVID-19 cases, and it shows that this Wave 3 spike was underestimated previously. I might have underestimated this Wave 3 . The MACD histogram is about to cross over zero, and the MACD itself is also crossing up. Ominous projection? Yes, and I would give this some serious thought as a heads up mechanism to start t hinking ahead of the (virus) curve instead. Because, the current wave might just spiral out over the next couple of months. *remember, any wave starts, needs at least a month to settle down due to the epidemiologic curves.
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by Auguraltrader
Humanigen ($HGEN) with a lot of potentialThe COVID-19 pandemic is holding the world, the economy and our health in a tight grip. So far Biontech/Pfizer have been successful with their vaccination, but as the virus mutates, it is unclear how effective the vaccination is. Many COVID-19 infected patients have to be hospitalized with a need for mechanical ventilation and that is where Humanigen plays a major role. Humanigen reports positive Phase 3 topline results demonstrating that their drug under the name Lenzilumab™ improves survival without need for mechanical ventilation. These news are really huge and better yet: Humanigen has requested an Emergency-Use-Authorization (EUA) from the FDA. Now looking at the price development of the share, there were some nice intraday profit taking (PT) opportunities, but the stock has actually a potential to grow much more. Look at the trading range and monthly levels to set your PT levels. There was a nice retest of the support level (at 15$ and a bit below), which had provided and excellent opportunity to buy in cheap, but catching a falling knife takes a lot of practice (I rarely succeed myself, but I was lucky with this particular trade). Have your PT goal in mind, because most of the times people lose money, because they become to greedy or don't cut losses (had to learn this the hard way myself :D). Other than that, I am really optimistic on the upwards potential of this gem. - This is no financial advice, so trade with care - For transparency: I am invested in $HGEN with 1/3 of my stock portfolio and usually keep 2/3 for dollar cost averaging.
HLong
by RedFoxTrading
2
Is China's year of the Ox is in fact a Bear?Using my favorite chart for bear spotting, the 1W chart with Bollinger Bands, it is easy to find bears in sight below the BB median for for months. It is very rare that a month would pass with such a setting and the market doesn't turn bearish. It happened, though, recently with the COVID-19 lockdowns in March last year, and what we thought would be a bear turned out to be a raging ox. But what about the current downturn? Using Fib retracements across different timeframes, I did a comparison between the bull market of this and last year and the one from 2015, after which a bear sustained almost a year. I picked this bull and not the one in 2018 since the 2015 one is similar in structure and magnitude to the last one. Moreover, I added a retracement to the whole bull market since 2015 to have a clearer historical context. The purpose for using Fib retracements was to analyze the apparently hidden support we are currently at, which proved to be resilient so far. The analysis shows tight support across different retracements of last year's bull, tighter than the support at the similar range in 2015, which was easily missed. This could partially explain the current resilience but it doesn't rule out a sustained bear this year. The analysis also show main level, which, judging from the history of 2016's bear, proved pivotal. For this year, the pivotal points are the current 16900 range, 15900, 14900, and 13600, the last of which would probably be the end of the bear, if sustained. Fundamentals, of course, play a big role in the direction from the current level, and one of the biggest fundamentals is the global economy and its recovery. To see how tightly coupled the world economy is, you can add the OANDA:US30USD . DowJones is more stable than both China30 and NSDQ100, and usually acts as moving average of sorts. Here, you can view the China30's bear of 2016 as a mere correction towards DJ's level. If that's true this time as well, then we are in the sustainable level for now and the namesake of the year could prove truthful.
OANDA:CN50USD
by MontyMacht
XAUUSD TO 1670Gold has reached a major supply zone at 1794 and bounced off it showing that buyers are losing momentum. Overall, on a bigger timeframe you can see that Gold is now in a downtrend and this current surge to the upside is nothing more then a retracement as market will need to grab liquidity before moving down again. It is possible market can move further up to 1820 also before crashing down again. Got an entry in from 1794 already but waiting for a liquidity grab from 1789 before market shoots down. My first target for Gold will be 1670, second target 1640 and final target 1570. I will be catching this massive swing trade on behalf of myself and my Account Management investors with very low risk.
OANDA:XAUUSDShort
by BA_Investments
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