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Price Action Notes July 3.0

July 14, 2020 by 2deepaksingh 18 Comments

Starting Date: July 15 2020

Filed Under: Daily Dose

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Comments

  1. Rajat Sarat Minocha Sarat Minocha says

    July 14, 2020 at 12:38 pm

    Clean energy stocks have have reversed today but all on much lower volume than yesterday. How do you read that?

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  2. Tarun Jain says

    July 15, 2020 at 12:20 pm

    Beaten down sectors making a good recovery today.. Banks, Airlines, Cruise , Restaurants and O&G.

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  3. Amit Jain says

    July 15, 2020 at 12:29 pm

    Hey Deepak, What happ to SRNE today ?

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    • 2deepaksingh says

      July 15, 2020 at 12:51 pm

      It seems Moderna Vaccine news is creating panic among other covid plays

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      • Amit Jain says

        July 15, 2020 at 12:55 pm

        Should we hold ?

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        • 2deepaksingh says

          July 15, 2020 at 12:57 pm

          I don’t know. At what price you bought? There is no clear trend

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        • Amit Jain says

          July 15, 2020 at 12:58 pm

          I am only hold to 25% of my initial quantity, is it a time to exit or just buy some of the already sold stock ?

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          • Amit Jain says

            July 15, 2020 at 12:58 pm

            6.38

          • 2deepaksingh says

            July 15, 2020 at 1:00 pm

            No just exit

  4. Navaneeth Raman says

    July 16, 2020 at 10:17 am

    Hello Deepak,

    Is TEAM a good buy at current price or should we wait for further pullback?

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    • 2deepaksingh says

      July 16, 2020 at 10:21 am

      200 dma is at 160

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      • Navaneeth Raman says

        July 16, 2020 at 10:27 am

        you mean the 100DMA?

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        • 2deepaksingh says

          July 16, 2020 at 10:31 am

          Yes…sorry for prev answer

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  5. Vivek Arora says

    July 16, 2020 at 1:34 pm

    checkout BOXL?

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    • 2deepaksingh says

      July 16, 2020 at 1:37 pm

      I never recommend chasing any trades because 8/10 times the trade is setup for failure [personal experience]. BOXL is already up from 1 to 4 over the last few days. I will give it a pass. It does not mean it cannot rally. It only means I cannot safely trade it.

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  6. Tarun Jain says

    July 17, 2020 at 7:48 am

    TLRY not showing any strength, unable to cross 8, I reduced my position

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  7. Amit Agarwal says

    July 17, 2020 at 9:48 am

    Hi Deepak

    Any view on PGR? Came out with good result (decline in claim due to less load accident) and also gave break out.

    Thanks
    Amit

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    • 2deepaksingh says

      July 22, 2020 at 11:53 am

      A Picture perfect breakout in PGR

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