These food additive companies manufacture agricultural ingrediants and additives that nakes its way to prodcust in grocery stores. Archer Daniels Midlands Co, Bunge Limited, International Flavors & Fragrances, Ingredion Inc, DuPont De Nemours, LyondellBasell Industries, Kerry Group, and Givauden are arguably the largest in this type of category. These companies...
It may be close to the bottom. Anywhere between 100 to 130 is a buying range. It could jump to 200 then.
Global debt reached a record high of $307 trillion in the second quarter, despite higher interest rates limiting bank lending. The United States and Japan were the main drivers of this increase, according to the Institute of International Finance (IIF). The IIF's report revealed that global debt in dollar terms rose by $10 trillion in the first half of 2023 and by...
On the daily chart, I'm drawing a resistance line from the All Time High #ath. Currently, the price is below the Moving Averages. At the bottom of the chart, there is an extended W-pattern with a characteristic Adam & Eve formation. In this pattern, Adam is represented as a V-shape, followed by a rounded shape representing Eve. If the price breaks out above the...
On the monthly chart: We can observe an upward trend channel between 2011 and 2019. During this period, the price remained above the MA50, and a breakdown below this support line of the channel resulted in a prolonged consolidation phase. In 2021, there was a final push upwards, leading to a new All Time High of $147.80, after which the bears took control. The...
NYSE:IFF looks like it has run out of steam. It used up a lot of energy just to make the recent new (barely) high and now it has broken the trendline and looks ready for a short. MACD is negative and is accelerating.