Amazon stock continues in the sideways track above the support level 3114.40 despite breaching the support level of the ascending channel that it was moving within last month.
The moving averages are pressing the price further downwards as the 7-20-50 moving averages form a very strong resistance level above the …
#KHC
The overall trend is upward. The stock is trading in the range of the lower limit of the ascending price channel. 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 pair is declining amid rising crude oil prices and hopes that this trend will resume this year following the updated forecasts of a possible increase in crude oil prices to $65 per barrel.
Technical side:
The price is located above the middle Bollinger band, below SMA 5, but …
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