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Trading idea for Alibaba Group Holding Limited (NYSE)

#BABA

The overall trend is upward. The descending pattern of the H4 level is truncated.  Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated …

Gazprom analysis

 

 

Gazprom share started the upward movement, including the sideways movement that it was moving within after it reached the resistance 234.75 and managed to slightly breach it.

The price is moving above the 7-20-50 moving averages, which are support levels for the price.

We notice that the stochastic …

16.03. Fresh trading analysis: European markets rise, dollar is stronger

Tuesday, March 16th, today’s news—European markets rise on positive forecasts from corporations, despite the pandemic worries and suspended use of AstraZeneca vaccine. Oil is down on rising stockpiles and demand concerns, dollar is stronger ahead of the Fed's meeting, Asian markets are up, American stocks unchanged after major indices hit …

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