TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- US retail sales are proving resilient while risks mount.
- CEOs threaten to cut UK investments if budget costs them more.
MarketWatch:
- Nasdaq has best day since May as Alphabet drives AI rebound.
- Amazon ‘s stock is primed for a 40% rally, according to bull who has named it his top pick.
- Meta’s stock finds a new defender, who predicts a 30% upside from here.
- The stakes for stocks are so high in this short Thanksgiving trading week ahead.
yahoo! finance:
- Novo stock hammered as Alzheimer’s trail fails.
- China’s AI promise lures top Asia fund away from Korea, Taiwan.
- Amazon pushes in-house AI coding tool Kiro over competitors.
The US officials are standing up to Trump over his treatment of Canada. Tech made biggest rally since May.
Global Indexes
S&P 500
After the high wave candle and power signal the S&P 500 made a 1.5% bounce to close on its 50 DMA resistance.
DAX
The DAX was still hesitating with a high wave candle against its EMA8 line resistance.
HANG SENG
The HANG SENG closed its open window (gap) what should be treated as an exhaustion gap.
NYSE & NASDAQ Stocks
Meta Platforms Inc
After META gave a P2 Power Signal it broke our negative trend line with an 3.2% gain. Notice the location of the P2 sell and buy Power Signals.
Alphabet Inc
GOOG left analysts’ predictions in the dust as it gapped past the highest prediction.
JSE Stocks
JSE All Shares
The JSE All Shares closed with a high wave candle on its 50 DMA support.
Impala Platinum Ltd
IMP made an engulfing bull candle after the hammer candle while Frontrunner is showing a positive way.
Algomodel Strategies, Education & Features
Click on Education or go to the home page to view education posts.
Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.
All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.
