Tech Talk for Wednesday September 2nd 2020

by Don Vialoux, EquityClock.com

 

Technical Notes for Tuesday

Shopify (SHOP), a TSX 60 stock moved above $1,472.98 to an all-time high extending an intermediate uptrend.

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AbbVie (ABBV), an S&P 100 stock moved below $91.78 completing a Head & Shoulders pattern.

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CVS Health (CVS), an S&P 100 stock moved below $60.08 setting an intermediate downtrend.

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AmerisourceBergen (ABC), an S&P 100 stock moved below $94.37 setting an intermediate downtrend.

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Incyte (INCY), a NASDAQ 100 stock moved below $92.84 extending an intermediate downtrend.

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eBay (EBAY), a NASDAQ 100 stock moved below $53.54 completing a double top pattern.

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Regeneron (REGN), a NASDAQ 100 stock moved below $592.45 setting an intermediate downtrend.

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BMO Equal Weight Global Metals ETF (ZMT) moved above $39.59 extending an intermediate uptrend.

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Trader’s Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for September 1st 2020

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Green: Increase from previous day

Red: Decrease from previous day

 

Commodities

Seasonal/Technical Commodities Trends for September 1st 2020

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for September 1st 2020

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Green: Increase from previous day

Red: Decrease from previous day

 

Disclaimer: Seasonality and technical ratings offered in this report and at

www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed




This post was originally publised at Vialoux's Tech Talk.

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