FA
+ Oil deal is delayed till Thursday for further notice
+ Weekly unemployment claims will be reported on Thursday (04/09/2020)
+ People are expected to receive their checks at least 2 weeks delay.
+ Banks are not ready for taking loan applications which include PPP and SBA.
+ Trump deployed 1000 military personnel to NY.
TA
Monday will open high as a part of the head and shoulder pattern. We are in a small buying zone, after this one we will expect a drop.
If the price break the pink line. We will expect a failed head and shoulder pattern, the stock will continue to rally for the rest of the day.
RSI is at the medium: 50/50.
Good luck.
+ Oil deal is delayed till Thursday for further notice
+ Weekly unemployment claims will be reported on Thursday (04/09/2020)
+ People are expected to receive their checks at least 2 weeks delay.
+ Banks are not ready for taking loan applications which include PPP and SBA.
+ Trump deployed 1000 military personnel to NY.
TA
Monday will open high as a part of the head and shoulder pattern. We are in a small buying zone, after this one we will expect a drop.
If the price break the pink line. We will expect a failed head and shoulder pattern, the stock will continue to rally for the rest of the day.
RSI is at the medium: 50/50.
Good luck.