Gold futures contracts fluctuated in an upward sloping range during the Asian session, to witness a resumption of their rebound from the lowest since the beginning of December amid the negative stability of the US dollar index according to the inverse relationship between them on the cusp of developments and …
Amazon returned to the upside after bouncing from the support level 3114.40 to the upside to trade the stock within the ascending channel in which it was trading, which is shown in the chart. Although the watch is currently testing the resistance level at 3330.00
We notice on the chart …
#ADBE
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. Stochastic Oscillator signals oversold conditions. Breaking through the price pivot zone of 477.54 will result in the formation of an ascending wave pattern within the overall uptrend.
Trading idea: …
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