TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- UN chief calls for AI pact to prevent the rise of killer robots.
- Alibaba to add data centers in Europe, Middle East in AI push.
MarketWatch:
- Oil could top $150 a barrel if supplies further tighten, Bank of America warns.
- The Nasdaq’s rapid rise to a record is sending a message to investors: Don’t wait for a pullback to buy.
yahoo! finance:
- Oil falls after reports suggest Iran could reopen Hormuz within 7 days.
- Chinese chips advance despite being shut out of US technology.
- We’re growing jobs based on AI, not destroying them, claims tech boss.
I banned my employees from using AI – they think it makes them look clever.
Global Indexes
S&P 500
The S&P 500 stalled with a small body candle.
DAX
The DAX made a long-legged uncertain doji.
HANG SENG
The HANG SENG continued its positive trend with an uncertain high wave candle.
NYSE & NASDAQ Stocks
Meta Platforms Inc
Profit taking stepped in for META at the average analyst’s prediction of $750.
Alibaba Group Holdings Ltd
BABA made an attempt to break its 50 DMA resistance, only to close below it.
JSE Stocks
JSE All Shares
The JSE All Shares is still uncertain of what happens next with a long-legged high wave candle.
Clicks Group Ltd
CLS lifted its head above its 50 DMA resistance for the first time since January.
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.
