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The technical figure Triangle can be found in the daily chart in the German company Volkswagen AG (VOW3.de). Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturer. The company designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as...

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The technical figure Falling Wedge can be found in the daily chart in the US company Cisco Systems, Inc. (CSCO). Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other...

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The technical figure Triangle can be found in the daily chart of the Spanish company CaixaBank, S.A. (CABK.mc). CaixaBank, S.A., is a Spanish multinational financial services company. It is Spain's third-largest lender by market value, after Banco Santander and BBVA. CaixaBank has 5,397 branches to serve its 15.8 million customers, and has the most extensive...

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Although the economic indicators in US are positive in general, showing return to growth in July-September period, the heavy weight tech companies like Facebook, Alphabet and Microsoft Corp are expecting slower growth and Amazon Inc reported lower than expected earnings. This took toll on the NASDAQ Index. It plunged and broke the support of the upward channel...

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Rising US crude exports, indicator for increased demand, and weakening of the dollar helped for a price surge of WTI, which broke and close above the 12 days formed resistance on the 4H graph. The technical indicators are also suggesting a bullish movement, with MACD histogram above 0 line and rising and RSI above 50 neutral line. If this movement continues,...

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The EURUSD currency pair was trading in downtrend channels on the daily graph from middle of June, but yesterday it broke the resistance barrier of the channel, which is a signal for a bullish turn of the currency pair. Technical indicators like MACD and RSI are confirming the bullish trend as well. If this trend continues we might see the price of the...

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Hang Seng China Enterprises Index was already trading on a downtrend due to the real estate problems and COVID lockdowns that were plaguing the country, but the reelection of President Xi and the concerns that more emphasis will be put on political ideology rather than economic growth led to investors selling off their assets, not willing to deal with the...

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NADAQ opened with upward gap in the beginning of the Asian trading session, following the last week shares price increase after positive fourth quarter earnings results. Major tech companies like AAPL and AMZN are expecting to report earnings this week and the market is anticipating that the pattern from the last week will continue. On the technical front, the...

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NASDAQ:AMZN Giant, rated as one of the most stable blue chips out there. Unless the earning report is way below expectations the price is likely to bounce off the support levels from before the split action 5 months ago and transit into a trend reversal formation. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a...

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NASDAQ:AMD bouncing in trend channel on the weekly chart, the upcoming earnings report on November 1st, 2022 suggests short-term upward movement in the channel. Chip delivery times shrank by four days in September, the biggest drop in years, in a sign that the industry’s supply crunch is easing. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of...

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NASDAQ:AAPL has a "high" Earnings Quality Ranking for the 36th consecutive week. Earnings quality refers to the extent to which current earnings predict future earnings. NASDAQ:AAPL Introduces Next-Generation iPad Pro, Supercharged by the M2 Chip on the 18th, and the news was reflected in trend reversal formation on the chart. Risk Disclosure: Trading Foreign...

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Netflix Inc NASDAQ:NFLX is expected to report earnings of $2.18 a share on revenue of $7.8 billion, and analysts will be looking closely at subscriber numbers as the streaming pioneer prepares to roll out a less expensive paid ad tier. Demand for cheaper streaming options in developing countries is looking like a good niche to be filled by the giant. The...

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China stocks are entering an exciting earning season combined with the upcoming major holidays. NYSE:BABA testing the 70s range and bouncing of March 22 lows. The political pressure, production shortages, and raise of materials have been dragging NYSE:BABA lower and lower. Optimistically recovering to the 110-130 range in the next 6 months is a very likely...

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Bayerische Motoren Werke AG, abbreviated as BMW is a German multinational manufacturer of performance luxury vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The company is one of the most popular and respected manufacturers among car enthusiasts. If we consider some of the most popular fundamental ratios, a P/E of 4.96 (the industry`s average...

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Salesforce, Inc. is a San Francisco, California-based software company with a $150.2 billion market capitalization. The company delivered a -40.86% return since the beginning of the year, while its 12-month returns are down by -44.84%. Despite the announcement that the company will execute its first-ever share buyback program and the plans to lift the prices that...

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Big troubles for Roku inc. For the past 14 months, the tech company is in a downtrend which caused a loss of almost 90 % of its stock price. The trend seems to be irreversible after the price broke the $ 62 support level on Monday. The next major support level is located around $25. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference...

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The lowered profit margins, decreased demand, disruption in the supply chains, and increase of the interest rates by the central banks, are among the factors that caused a headache to the investors in the German sportswear company. The direction of the trend is still valid and the long squeeze is more likely to continue to the 90 support level Risk Disclosure:...

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Nike, Inc. is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment. The company has a great history and is one of the most recognizable brands in the world. Since the price reached an all-time high in November 2021 the stock tumbled more than 50 % Possible short-term buy in the price channel. Re-test of the...