TAGS: Technical Analysis Software
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News in Brief
Bloomberg:
- Alibaba unveils AI chip to drive global data center buildout.
- AI trade roars back as Meta’s personal agent fuels optimism.
- Meta’s new Muse AI App tops charts, draws strong reviews.
MarketWatch:
- America’s power grid is running out of juice.
- AMD hits $1 trillion market-cap milestone as AI stocks blaze higher.
yahoo! finance:
- Nasdaq surges to record high, Dow and S&P 500 rise on oil and tech.
- Maye Musk: Elon really wants to live on Mars in the coming decades.
US and Iran trade threats as fears of return to all-out war mount.
Global Indexes
S&P 500
The S&P 500 made a breakaway gap to close near top resistance.
DAX
The DAX made a piercing candle to close on its EMA8 line.
HANG SENG
The HANG SENG broke resistances to close above its EMA8 line.
NYSE & NASDAQ Stocks
Meta Platforms Inc
META broke resistances with a 11.3% gain.
Alibaba Group Holdings Ltd
BABA extended its trend after the breakaway gap and is still a far cry from analysts’ predictions of $187.
JSE Stocks
JSE All Shares
The JSE All Shares made an inverted hammer candle on support.
Clicks Group Ltd
CLS is still hesitating at its 50 DMA resistance with high wave candle.
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.
