#GE
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. Breaking through the resistance level of 13.10 will result in the formation of an ascending wave pattern within the wave (C) of the ascending pattern of the H1 level.
Trading idea: …
Amazon continues to move sideways around the support level at 3105.00, after it managed to rise from the support level at 2880.00. Thus, ending the lower movement by breaching the mentioned levels
We notice on the chart that the price is moving between the 20- 50 moving averages, so …
Monday, March 29th, today’s news—the container ship blocking the Suez Canal has been partially floated, oil is falling on hopes that the situation might be resolved soon. European markets are rising on economic recovery optimism, American stocks fall after S&P 500's record close on Friday, Treasury yields rise, dollar is trading …
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