The price move occurred on stronger volume; specifically, yesterday’s volume was up 17.2% from the day prior, and up 0.12% from the same day the week before.
The coronavirus crisis appears to be putting pressure on domo.
The pharmaceutical industry may be one of the best places to take shelter as covid-19 ravages the economy, given its focus on new products, a promising sales outlook, and low price/earnings ratios, bill alpert writes in this week's edition of barron's.
This move happened on lower volume, as yesterday’s volume was down 20.28% from the day before — and down 10.57% from the same day the week before.
While i can rationalize a value of jnj around $135-$140 based on current 2020 guidance & dividend increases, it has no business being anywhere in the 150s.
Then last week , both korea and germany had passed over the curve apex.
The change in price came along side change in volume that was down 8.76% from previous day, but up 19.85% from the sunday of last week.
They’ve been prepping for a crisis like this over the past decade through multiple stress tests.
😁 Latest tide indicators (for 18 april 2020) had been updated.
This is why we focus on the green/red right side tags or the bullish/bearish sequences combined with blue boxes to trade.