It would appear that we have entered into the buy territory on the New Zealand NZX50 index. Price action is getting close to its long term support line. That is not to say this index will be up next week or anything. Just that for a long term investment, according to the chart technical analysis, we are in the territory to be buying shares up. Selling shares...
long position #ddsbmj #kill zone #market makers sticking to plan tick all the boxes #moneymoney
New Zealand's stock exchange (NZX) could be facing strong headwinds toward the end of 2022 as third-quarter inflation figures suggest an 75-basis-points hike in the central bank's Official Cash Rate (OCR) in November. In anticipation of the Reserve Bank rate decision earlier in October, the S&P/NZX 50 fell 106.3 points or -1% to 10,959.71. A similar scenario...
Like many stock exchanges globally, the New Zealand stock exchange continues to emerge from the COVID-19 pandemic-induced trough of 2020, although volatility remains as the pandemic drags on and as markets face new challenges such as the ongoing geopolitical tensions in Europe. NZX had a lackluster year in 2021 The NZX 50 ended 2021 flat at 13,033.77,...
This makes absolutely no sense. Unless fiat money is broken.
The New Zealand NZ50G (gross) benchmark index versus some indicative major components: Spark telecoms SPK, Auckland International Airport AIA, and then the electricity generation utilities Meridian MEL, Contact CEN and Mercury MCY along with the NZX Utilities Index G55G - and last, but definitely not the least, is presently the largest New Zealand company Fisher &...
Two Nice Tickers on the NZX: Skellerup (SKL) & Freightways (FRE) in New Zealand
The NZX 50 index performance of 50 largest and most liquid companies by free float market capitalization, listed on the New Zealand Exchange. It is a total return, modified market capitalization weighted index. BENCHMARK INCLUDE , WBC Westpac 21.24 ANZ Australia and New Zealand Banking Group 24.09 MEL Meridian Energy 6.35 SPK Spark New Zealand RYM Ryman...
Hi friends the daily chart shows the uptrend for the next few days so I recommend you to keep n in the portfolio to have more analyzes please subscribe thank you...
Very nice index with a bright future. All time support and resistance levels on our chart
5x in 10 years, I'd be asking questions if you get bailed-in. Feral
Similarish Market recovery shown in May - July 2009. Price bouncing back and fourth between 50 and 200 EMA before crossing above 200 EMA. As country finally recovering soon moving back to level 2 alert high hopes. Going long at breakout above would be good.
The Main New Zealand stock index reached a key structure level. the price has already got rejected on a daily signifying the significance of the underlined zone for the market participants. on 4H we see a narrow trading range with a potential lower high formation. on focus in 10350 structure support. in case of a bearish candle close below that, the index...