Bitcoin: The Swift Recovery

All companies have felt the recent hardship of COVID-19 which has decimated economy’s over recent months even cryptocurrencies aren’t immune to the lingering affects of this crisis. Bitcoin saw some damage where it fell as low as $5000, for reference the cost to mine 1 Bitcoin is about $7,577.51 that means that the price was below the cost of production. INSANE. Right now Bitcoin has seen a revival of its price to values seen before the crisis, we’ll be taking a technical look into what this means and what this might entail for the price moving forward.

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Are Gilead Sciences destined for a down trend?

The world wide economy has been devastated in recent months by the affects of COVID 19 and the pandemic all eyes have shifted to companies like Gilead who have been working to produce a cure to help end this virus. There has been many speculation that Gilead have a working cure which has caused a large up tick in their stock price. They have done many trials and test but do not have a working cure ready for humans yet, so what will happen to the stock now? We’ll be looking at some technical details to try and better understand any underlying trends and what this might result in for the stocks future.

GoPro: A Technical Breakdown

GoPro shares have had a nice rebound after the strong fall from COVID 19. The question remains does that strong increase continue to run or is it due for a correction?. We’ll be looking at some technical details to try and better understand any underlying trends and what this might result in for the stocks future. The price is likely to change following the earnings report later today with many analysts remaining skeptical and cautious about the impact the recent downturn in the global economy has had on the company.

Square, Before The Earnings

Square shares have had a nice rebound after the strong fall from COVID 19. The question remains does that strong increase continue to run or is it due for a correction?. We’ll be looking at some technical details to try and better understand any underlying trends and what this might result in for the stocks future. The price is likely to change following the earnings report later today with many analysts remaining skeptical and cautious about the impact the recent downturn in the global economy has had on the company.

Are Facebook Shares overvalued?

Facebook shares have had a nice rebound after the strong fall from COVID 19 this could be attributed to reports of strong and stable ad revenue. Question is does that strong increase continue to run or is it due for a correction?. We’ll be looking at some technical details to try and better understand any underlying trends and what this might result in for the stocks future.

Beyond Meat, Before The Earnings

With the earning earnings report expected to come out later today, investors and analysts alike have been waiting patiently to see how the financial of BYND have fared in recent times. Like most companies Beyond Meat saw a dramatic decrease in price but unlike many it has recovered much of its value as seem in March. 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.

Is Disney A Buy?

Disney has not made the greatest of recoveries following the first dip from the COVID-19 crisis. It is however making strides in the right direction and is slowly making its way back to levels seem at the start of the year. With many Disney products and experiences either being postponed or canceled investors are really looking towards some of Disney’s other revenue generating services like Disney + to compensate. 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.

Is it time to Buy oil?

The United States Oil fund continues to see weak oil demand due to COVID 19 in an oversupplied oil market due to the Russia Saudi price war. Despite OPEC and other producers of oil agreeing to cut production it hasn’t been enough to raise the price. With oil at all time lows we’ll be looking at some technical details to try and better understand any underlying trends and what this might result in a buy for the ETF.

American Airlines Group Technical Analysis

American Airlines continues to see poor resulting in the wake of COVID-19, with prices now almost a third of what they were only a few months ago. This is troubling news for investors who would have questions surrounding AAL’s ability to weather this crisis. 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.

Beyond Meat, Beyond Expectations

Beyond Meat has managed to bounce back very quickly after falling to a stock price below 400, they are now looking on track to reach levels seen to pre COVID-19 prices and has been a favorite for investors over the last few years. 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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