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What will Medicare pay per shot?
Does 1.6 billion grant become a loan if vaccine is approved ?
What happens to target if phase 1/2 fails at end of July ?
Target becomes zero ?
A better question is does it work?
They are making the vaccine before it is approved
A Phase 1/2 trial in 130 healthy participants was launched in Australia in May with initial immunogenicity and safety results expected to be available at the end of July.
Do the have the last year earnings ?
IHUB data may not be up to date.
Looks like a winner. IMHO.
Float = 58.48M
Market Cap =$ 6.13B
Same old story. How long can CGC go on with out any profits ?
1 ST UP LT UP
2 ST DOWN LT UP
3 ST UP LT DOWN
4 ST DOWN LT DOWN
TEST 6
7/2/20 7 UP 4 DOWN
7/1/20 5 UP 6 DOWN
CGC needs earnings !
Or down and down it goes. IMHO
TEST 4
Looks like Acreage needs 100 million from Canopy Growth.
6/26/20 1 UP 10 DOWN
6/26/20 50 % 4 ABOVE 7 BELOW
There is a fourth indicator group that I will highlight today, the percent of stocks with silver crosses. This is a DecisionPoint indicator available at StockCharts. A silver cross occurs when the 20-day EMA moves above the 50-day EMA. The chart below shows this indicator for SPX, NDX, MID and SML. All four turned up in mid April and moved above their 20-day EMAs (pink lines). They exceeded 80% on June 10th and then turned down. Nevertheless, they are still a relatively high levels (>65%). The Nasdaq 100 indicator crossed below its 20-day EMA on Thursday, but the other three remain above, by a whisker.
QQQ Hits New High, but Failure Swing Looms
The Nasdaq 100 ETF (QQQ) hit a new high with a gap up on Wednesday, but fell back on Thursday. This three-day reversal captures the essence of an evening doji star and marks the second such reversal this month. QQQ is still in an uptrend and still leading, but two candlestick reversals in one month increase the odds of a correction. Keep in mind that QQQ is up some 46% since late March.
CHART NOT SHOWN
A bearish failure swing is also taking shape in RSI. According to Welles Wilder, the bearish failure swing is independent of price action. Yes, a bearish divergence is also taking shape, but I do not use divergences for signals. The bearish failure swing forms when RSI moves above 70, pulls back below 70, bounces, fails to exceed 70 and then breaks its prior low. RSI has yet to break its prior low, but the failure swing is working and would be confirmed with a move below the mid June low.
BY ART HILL
$29 PER MONTH
$BPNDX WHEN FROM 70 TO 66
Meaning 4 less stocks are in up mode point and figure wise.
6/25/20 50 % 7 BELOW 4 ABOVE
6/25/20 1 GREEN 10 RED
TQQQ SQQQ 10 minute , 30 MINUTES and white candles
TQQQ SQQQ 10 MINUTES
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,25&cmd=show&disp=e
SQQQ 30 MINUTES
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,49&cmd=show&disp=e
TQQQ SQQQ DAY TRADES
http://www.stockcharts.com/def/servlet/Favorites.CServlet?obj=1401935,3&cmd=show&disp=e