Get started

Recovery

FULL RECOVERY, TREND & RESISTANCE IDENTIFIED | S&P500 ES1! DAILY#s&p500 #tradingfuture #future #trend #election The #S&P500 is evolving above the prices of January. The recovery done what is next. We have identified all channels of potential moves. The middle bleu line being the probable center of the movement initiated during this recovery. The red line on the top is a #strongresistance difficult to break and we have seen the #ES1! market price evolving under the central blue line. We have overall a big range horizontally and some paralleled up #trending channels. The latest candle stick could probably be a #pullback on that blue line. Keep an eye on evolution. Another possible pullback on the top red line could be possible as well. Then it would be a nice entry point for a short direction trade. For the time being, medium probability of seeing the market testing the black horizontal line being a possible super #strongsupport. Pullback up front here could probably also to happen. Thank you for your shares and support. Hope that my idea give you another vision of this market.
CME_MINI:ES1!Short
by Diallo_Charts_Ideas
AAPL Buy Signal on 5 min chart Apple has a buy signal on the 5 min chart. Cannot be seen in the chart I posted because the 5 min tracker is too small to post. The significance of a buy signal on the 5 min chart supports AAPL nearing $115 a share before trading day is over. I drew the trend line for today. Back near $115 will put us in good shape for our run to $120. Do you think the iPhone 12 announcement will move the markets? Or Apple at least? Comment your thoughts below.
NASDAQ:AAPLLong
by Myantman101
3
U-Shape? V-Shape? Recovery Shapes Explained And What They Mean ?🎈 Here are the most common economic recovery shapes and what they mean. While economic growth can be measured by any number of metrics—like the stock market or employment rates for example—we’ll focus on GDP. 📍 A V-shaped recovery means that the economy bounces back quickly to its baseline before the crisis, with no hiccups along the way. Growth continues at the same rate as before. This is one of the most optimistic recovery patterns because it implies that the downturn did not cause any lasting damage to the economy. Under this scenario, the economic damage lasts for a longer period of time before eventually reaching the baseline level of growth again. The economy bounces back, but the damage at the bottom lingers for a while. 📍 In a W-shaped recession, also called a double dip, the economy moves beyond a recession into a period of recovery before falling back down again into another recession. The initial recovery is sometimes known as a bear market rally. One example: After the oil and inflation crises in 1979, the U.S. fell into two back-to-back recessions in 1980 and 1981. 📍 An L-shaped recovery is the most pessimistic scenario. In this shape, the economy recovers to a certain degree from a steep drop, but growth never reaches pre-crisis levels for years, if at all. A period of economic stagnation follows. 📍 A recovery scenario resembling the Nike “swoosh” logo is characterized by a steep drop and a gradual recovery, meaning that it takes much longer to return to pre-crisis growth levels than it took to fall into recession. A variant of this is a square root-shaped recession where growth recovers but then plateaus before reaching pre-crisis levels. Lowenstein says this is his base case scenario. feel Free to comment below Your Ideas to make things more better. Thank you 🙏
Editors' picks
BITSTAMP:BTCUSDEducation
by Ridethemacro
22
Vanguard S&P500 ETF (VOO): A Full Recovery Approaching?On the 27th May 2020, we saw the Vanguard S&P 500 ETF (Symbol: VOO) rise above the 200 Moving Average. Today a share is worth 301.99. Before the tremendous drop on 20th Feb 2020, prices closed at a high of 311.39. The fact that we are already above the 300.00 mark and only just 9.40 from its pre-COVID high, has VOO really recovered? Nevertheless, it is still a worthy investment considering its performance since it started on Sept 7 2010. It is also outstanding how it managed through COVID this well. It will probably be a long time (excluding market noise) before it formally hits such low prices again.
AMEX:VOO
by malcolmlai
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.
NYSE:KOLong
by aoberninger
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.
NYSE:GMLong
by ChristopherCarrollSmith
4
POSSIBILITY OF UP SQUEEZE BEFORE RANGING TREND - GLYHO - 240MNGLYHO is arriving at a very important area, pink square zone. Probable support and resistance are marked with a green to line and a red bottom line. For the moment the trend is clearly an uptrend one. However, the market has already tested an upper point which as resulted in a strong downward pullback. The trending blue line has been holding the price up. Beware: -Possibility of continuous uptrend then a pullback down from the red line. -Other possibility is a market fear which could lead to a brief retreat to the down red support. Other thing: - We can see that overall the market is recovering from the pandemic effect. The blue horizontal line is marking the most relevant pivot point. This is confirming a potential area where the market is at the moment.
BIST:GLYHOLong
by Diallo_Charts_Ideas
COVID-19 pandemic and not epidemic, exponential ant not gaussianThe COVID-19 is pandemic and not epidemic because it touches all continents all around the world. It is exponential ant not gaussian because there is a second wave in a lot of countries. But maybe the first wave never stopped, and we are testing more and more people. Maybe the curve with continue to grow but start to flatten, nobody is able to predict the future. Just don't bet against the trend, apply the maximum security to yourselves and only yourselves (until it goes to 0 with 100% of recover and 0% of death ?). There is not plot, nobody is lying, governments and people have just no ideas of what will happen because we are facing something imprecise.
CLong
by Nugacity_Fracedinous