Jiming Huang / Blog
Pivot (invalidation): 0.9750 Our preference Short positions below 0.9750 with targets at 0.9720 & 0.9705 in extension. Alternative scenario...
Pivot (invalidation): 107.60 Our preference Short positions below 107.60 with targets at 107.25 & 107.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2360 Our preference Long positions above 1.2360 with targets at 1.2415 & 1.2440 in extension. Alternative scenario...
Pivot (invalidation): 1.0805 Our preference Long positions above 1.0805 with targets at 1.0840 & 1.0860 in extension. Alternative scenario...
On the earnings side, American Airlines earnings are due today before the opening bell and the latest EPS estimate points at -2.26, like Delta Airlines which has posted its first loss in 9 years earlier this week. Now it is not said that the headline figures will shoot the stock price down...
The US stock markets closed Thursday’s session flat, while Gilead shares tumbled past 4% after the company’s Covid-19 drug remdesivir gave poor clinical results in a Chinese trial according to the Financial Times report based on accidentally released draft documents by the World Health Organizati...
Pivot (invalidation): 15.80 Our preference Long positions above 15.80 with targets at 19.20 & 20.20 in extension. Alternative scenario...
Pivot (invalidation): 15.1000 Our preference Long positions above 15.1000 with targets at 15.3200 & 15.4400 in extension. Alternative scenario...
Pivot (invalidation): 1718.00 Our preference Long positions above 1718.00 with targets at 1731.00 & 1739.00 in extension. Alternative scenario...