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Tech Talk for Friday November 20th 2020

 

Technical Notes for Thursday November 19th

Junior Gold Equity ETF (GDXJ) moved below $51.27 extending an intermediate downtrend.

Tesla (TSLA), a stock recently selected to join the list of S&P 500 stocks moved above $502.49 to an all-time high extending an intermediate uptrend.

Norbord (OSB) moved above $48.30 on news that West Fraser Timber and Norbord have agreed to merge in an all-stock deal.

Other Canadian forest product stocks also responded. Interfor (IFP) moved above $19.00 extending an intermediate uptrend.

 

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for November 19th 2020

Green: Increase from previous day

Red: Decrease from previous day

 

Commodities

Daily Seasonal/Technical Commodities Trends for November 19th 2020

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for November 19th 2020

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

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