Disney (DIS). Disney stocks increased by more than 14% on Tuesday amid a significant rally in the market and positive comments from analysts on the prospects of the entertainment giant for international streaming business. Starting this week, Disney is going to release a new streaming service in Europe, which will provide direct communication with Disney's+ clients. Disney, H4 Pivot: 97.91
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 1639.00 Take Profit Level: 1657.00 (1800 pips) If the price rebound from resistance level, you should follow the recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 1597.00...
Great Britain has gone into hard quarantine because of the coronavirus. It's forbidden to leave the house unnecessarily. British Prime Minister Boris Johnson announced tighter quarantine restrictions on the territory of the country to stop the spread of coronavirus, which in the United Kingdom is already sick almost 7 thousand people. GBP/USD, 30 min Pivot: 1.1850
Amazon confirmed two new coronavirus cases in its U.S. delivery infrastructure, but decided not to close affected facilities - in Michigan and Oklahoma - as the company has to cope with increased demand. This came after a group of U.S. senators expressed their concerns to Jeff Bezos, Chief Executive Officer, about Amazon's security processes related to coronavirus proliferation within its ranks - and possibly among its customers. Amazon, H4 Pivot: 1915.00
The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero levels. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 17.90 Take Profit Level: 16.80 (110 pips) If the price rebound from the support level, you shall follow the recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level:...