Oversold
MRNA - THE CEO THAT SOLD - SHARE YOUR FEEDBACKPLEASE READ THE ENTIRE POST, IT MIGHT JUST SAVE YOU A SOUR INVESTMENT
I have been following MRNA for about a month now, and something interesting has happened that not many people know about.
On 4 September, news came out that the CMO, the President AND the CEO have sold large if not all of their holdings.*
Now the company says that this is no reason to panic. (sounds like what we were told about corona in December...)
On the trading platform I use, I have also gotten a notification about insiders selling. This is a built in strategy used along with others to determine the market consensus of the stock (buy, strong buy, hold etc)
We can all probably agree that when head management sell most of their holdings, and not 1 person but 3 senior members, it is generally not a good sign.
Now here is where I'd like your feedback - The large selling off their stocks hasn't been reflecting in the market. In fact, MRNA has been on one long bull run with minor short term bearish chart patterns.
Why would it be that the sell off doesn't reflect in the market?
I personally sold my stock immediately after I saw a report on this from Gurufinder, later confirmed by more mainstream news and other platforms. My opinion is that The company has to portray that they believe their stocks are going all the way up which in this case, selling off massive holdings at the peak tells me that they are taking their profit. Compare this to PFE (Pfizer), whos director INCREASED his holdings. Now that speaks of confidence in the company, right?
* INFO FROM MY TRADING PLATFORM
CEO, SOLD $1,293,810, DATE 18.09.20
PRESIDENT, SOLD $1,228,468, DATE 15.09.20
CMO, SOLD $1,255,321, DATE 15.09.20
Please share your constructive and respectful feedback, and thank you !
Hit like if you found this interesting,
Ev
$BTC Still expecting 11.2-11.4s before actually breaking downI dont see any reason to be super bearish here. Yes we have sell signals from 4h-9h.
Short scalps are safe but I am still holding ontop my swing longs from 98/99 until we get to atleast 11.2-11.4 zone. The black area that is highlighted has not been tested yet. Usually $BTC likes to retest areas that it previously break down from before breaking into a new range.
Conclusion. I am scalping shorts but looking to fill more longs on the way do wn. I think 10.7s will provide a generous bounce back up.
Follow me for updates on bitcoins move. I will be releasing youtube content shortly explaining how I scalp with the indicators!
SU SUNCOR OVERSOLDSU SUNCOR is oversold, and I'm using 3 indicators to confirm that.
The reasons why I bought now:
Warren Buffett added SU
George Sorros added SU
and lastly, because it is oversold.
It is also a common consensus that this company will flourish if JB wins the US election.
Happy trading and hit like if you found this useful and helpful.
Thanks, E
GSW hammered & oversold GSW is just another one junk stock with a bright future one may say.
Anyway, due to not so great financials, but very nicely hammered price value and oversold lvl my play is Buy, with a SL in a range of .33 and TP .56
LONG GBP/NZD.LONG GBP/NZD, ***IF there is a clear rejection around the current level. The market reached the 1,91500 monthly key level (psychological level), it is also on a the bottom of a uptrend channel dated from October 3 2016 and the market is starting to be oversold (seen on the RSI). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Oversold looking to move higher after breaking symmetrical wedgeAfter an inside week, EA was on my watchlist this past week and unfortunately fell out of the symmetrical wedge as the market pulled back. Short of a catalyst the low volume was not enough to propel it upward. Closing at just over $130 it seems to have found support from the lowest fib, and with oversold conditions nearly <20 SlowStoch an aggressive and safe entry is provided at the fib levels shown. Most conservative entry would be on a break of the .786 fib with first target above.
ETH 1h Chart Buy signal
Update from my last post we could be going slightly more down but to me perfect buy signal in Eth right under $400 like i said Earlier when it was at $407 i wasnt getting a buy signal from it just yet at that price
Sell Signal on the hourly we are waiting to see a 60 or higher on the RSI
Trade smart
GBPCHF, Potential BUY: Oversold zoneGBPCHF it's on an Oversold zone , and it is on a perfect BUY position. Look at the red zones I marked. On the 2nd red zone (the most intense one), the price couldn't pass downside, leaving A LOT of wicks (demand signal). Take profit on 61.8% of a Fibonacci Retracement.
EUR/CAD Wait for Price to MoveGood day, snipers. Here in EUR/CAD, price is now at the bottom of the up trending channel and also at the support zone. The support zone also appears to be the 61.8 fib level too. Price is also at over sold levels on the RSI. Fundamentals show a contrast on the technical analysis here. Will be looking for more confirmations to go long or short. Signals about possible entry, TP, and SL are sent to students.
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LONG USD/JPY.LONG USD/JPY, ***IF there is a clear rejection around the current level, wich is on a weekly key level. The market reached a weekly key level, wich should act as resistance, the market is also oversold and is creating a divergence (pink channel and pink line on the RSI indicator). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
NASDAQ Turning bullish after hitting key bottomGood entry point for long term (daily) investors is when the NASDAQ hits the oversold level in the 4H time frame. This occurred on 24th July when the price hit the 2nd (yellow) Bollinger Band level and a level of -48 on the wave trend oscillator. Ideal entry would be in the red band (2 to 3 std dev) and oscillator below -50, but this did not occur. Retest of this bottom occurred early this morning and provides a decent entry point. TP around 11,000 for short term trade
WORK 1-2 week swing trade ezpzOversold on RSI
History of trading between $30 -$34
Strong support around $29-$30 area
Severely oversold $NXTC #LongWay over sold imo - interesting setup.
This is incredibly oversold easy target of $20. Get long just a beautiful setup.
The sales Q/Q are +1,549.10% (Bullish)
EPS Q/Q +218.20% (Bullish)
Profit Margin is -65% (Very Bearish)
Debt/Eq 0.01 (Bullish)
Current Ratio 40.10 (this is good)
P/B (0.77) (Bullish)
EPS -106.80 (Bearish)