TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Trump says deal with Iran ‘Looking Very Good’ amid ceasefire.
- Us says 14 ships turned around rather than test blockage.
- UK prepares for food shortages caused by Iran War Co2 Crunch.
MarketWatch:
- Stocks usually take the escalator up and the elevator down. Right now, it’s happening in reverse.
- Netflix co-founder Reed Hastings to exit company, saying it’s ‘so strong’ it doesn’t need him anymore.
- AMD has ‘indispensable assets’ – powering the stock to its best run in 2 decades.
yahoo! finance:
- Netflix stock slides after forecast disappoints.
- Apple, Google offer ‘Nudify’ apps despite policies against them.
- Europe faces severe jet fuel shortage.
Israel-Lebanon agrees to 10-day ceasefire.
Global Indexes
S&P 500
The S&P 500 closed with an uncertain doji in extreme overbought territory.
DAX
Similar for the DAX just above its 200 DMA resistance.
HANG SENG
The HANG SENG continued its bullish rally.
NYSE & NASDAQ Stocks
Oracle Corporation
We stay with ORCL that has a 40% potential from current level according to analysts to reach $250.
Advanced Micro Devices Inc
AMD smashed top resistance to reach analysts’ average price prediction with no sign of stalling. Notice that the highest prediction is $365.
JSE Stocks
JSE All Shares
The JSE All Shares remains uncertain about new direction as it moves sideways.
Naspers Ltd
NPN made an inverted hammer candle on its trend line resistance.
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.
