The Fed and Treasury were heroic in the early days of the pandemic shutdown. This economic environment is not that economic environment.
The technical signals indicate the odds of further weakness in the health care company's shares are low.
That was the question of the day. So, let's check the charts.
Let's review the charts and indicators.
Let's take a close look at this much-discussed stock.
Let's check the charts of infrastructure company ACM.
SLB looks like it can pull back with weakness and this area is what I would consider a buying opportunity.
Let's see how things develop.
Sentiment Data Still Suggests Too Many Bulls Currently
I don't mind the fact that PLTR has been weak itself as sector weakness has exacerbated the downward momentum.