TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- New Zealand holds key rate in split vote, signals hikes to come.
- Irish government agrees bill to ban Israeli settlement trade.
- Europe confronts the cost of Iran war’s fertilizer squeeze.
MarketWatch:
- Micron’s stock reaches a major milestone as UBS slaps on an out-of-sight price target.
- US oil prices decline as hopes grow for a peace deal arriving soon.
- China’s hidden reserves may be the reason why oil prices haven’t exploded even higher.
yahoo! finance:
- Prepare for a ‘Hormuz hangover’.
- US, Iran clash near Hormuz even as both tout talks progress.
- Lilly to acquire 3 vaccine developers for nearly $4B.
- Micron stock leads chips higher as UBS sees company becoming a $1.8 trillion AI Giant.
US carries out ‘self-defense’ airstrikes on Iran threatening ceasefire. White House promises lower energy prices ‘as soon as the Straits are open,’ but analysts disagree.
Global Indexes
S&P 500
The S&P 500 closed with an uncertain doji at a new high, still anticipating an Iran deal.
DAX
The DAX bounced down after reaching its top resistance.
HANG SENG
The HANG SENG is still hanging around its 50 DMA, this time round with a long-legged doji.
NYSE & NASDAQ Stocks
Micron Technology Inc
MU is surpassing analyst predictions with its 19.3% gain.
Advanced Micro Devices Inc
AMD also closed at a new high. AI is driving these shares higher.
JSE Stocks
JSE All Shares
The JSE All Shares made a long-legged doji on its 50 DMA resistance.
Kumba Iron Ore Ltd
KIO made an engulfing bull candle to close on its 50 DMA 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.
