Zoom: What Is Happening Now?

Zoom communications has done tremendously well is the storm of COVID-19 with it being a favourite amongst the working from home crowd. We’ll be looking at some technical details to try and better understand any underlying trends and what this might result in for the stock.

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Good Time to lock In some gains with AMZN

Report Done on April 18th

Amazon has had a very strong run in recent months and one of the few stocks that has been able to weather the COVID 19 storm, but based on a technical analysis point of view it might be time to take some profit as the stock looks like its overbought.

When is the “Right time to Buy”

So many people often wonder when is the best time to enter a trade they would often say “is now the right time buy” and enter too early or “I need to wait for the right time to buy” , then miss out. Did you know that there is actually an indicator that can solve this very problem? Well there is its called a moving average.

Corn (ZC)

The are many factors that can influence the corn price as the market for corn comprises of 4 key markets. With the United States being the worlds largest producer of corn its largest consumption is through livestock, fuel, food and then exports respectfully.

BlackBerry

Blackberry has had a difficult period of adjustment over the last decade. From the heights of the stock price being at 144 USD to where it is now at 4 USD it may seem as though Blackberry has very little to offer investors and that their days as one of the leading technology companies are well behind them. To many they have been completely forgotten as a remnant of the failed blackberry phones which dominated the market in the early and late 2000’s and a company who failed to innovate in line with the introduction of the iphone and similar products. Their business was decimated. However they managed to build something else from their earlier success and diversify away from the mobile market. Since then Blackberry has been transitioning away from a hardware company into a software and enterprise solution company specialising in cybersecurity, endpoint data security, operating systems and enterprise solutions. Operating in industries such as financial services, government, professional services, healthcare, transportation, education and manufacturing manufacturing.

CODX

As COVID-19 continues to spread around the world there has been a need for testing kits and CODX is one of the few companies which provide them.

As a Result they have seen astronomical gains to their market price from below $1 at the start of the year to around $10 at the time of writing this article. The major key factor which set CODX (Co-Diagnostic) in front of all its competitors was their ability to enter into the market first. They managed to develop a working COVID-19 test week in 8 days. It’s no wonder the company experienced such explosive growth given the quick turnaround time. Dwight Egan CEO at CODX spoke briefly about this not too long ago in an interview with Proactive.

BHP

Due the the downturn in the recent month in the economy caused by coronavirus BHP has seen a significant decline in their price since January’s high of $41.7. Their stock has now fallen to 27.1 as of the 20/03/2020 which is a 35% decline in a month and is expected to fall further as a result of this virus. However there are some key fundamental factors about BHP that present them as a buying opportunity during this health crisis. These factors include the price of iron ore, the recent USD strength and the fiscal stimulus announced by the Australian Government on 22/03/2020. 

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