TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Russia daily oil output almost million barrels below OPEC+ quota
- Black Sea oil tanker rates surge to record on drones barrage.
MarketWatch:
- Chip stocks are closing in on a bull market. Some analysts are nervous.
- Inflation rose slightly in July, but Fed hike is still no sure thing.
- Super Micro’s stock is rallying after results.
yahoo! finance:
- Trump officials say Hormuz stats are wrong amid doubts of US control.
- Iran wants a ‘protection’ toll on the Strait of Hormuz.
- Supermicro stock jumps on strong earnings, Q1 guidance.
Tech leads sectors higher as chip stocks gain. Trump is now claiming the US ‘owns’ the Strait of Hormuz, actually.
Global Indexes
S&P 500
The S&P 500 is creating a flag against top resistance.
DAX
Similar for the DAX.
HANG SENG
The HANG SENG made a turning hammer candle with a downwards gap.
NYSE & NASDAQ Stocks
Super Micro Computer Inc
SMCI‘s 19% gain broke resistances with a gap.
NVIDIA Corporation
NVDA is busy forming a J-curve.
JSE Stocks
JSE All Shares
The JSE All Shares closed on its 200 DMA support with its current correction.
Shoprite Holdings Ltd
SHP made a breakaway gap past resistances with a 8.2% gain.
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.
