$AMC loading to break the falling wedge pattern and currently is in the support zone, price could go up to the mentioned price level which is the fib golden zone ($25 - $30) if it breaks the falling wedge resistance. Apart from that, there are two strong support levels below the mentioned support level and the price can be pulled back if $AMC loose the current support zone. On the other hand, the price can be dumped further if the market loose the double bottom support zone as mentioned in the TA picture.
Meme stock AMC jumps as investors cheer stock conversion plan halt
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Meme stock AMC jumps as investors cheer stock conversion plan halt
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$TARS broke the descending resistance trend line and went up to $25.16 then suddenly dumped the market till the strong support zone at $17 - $18. Currenly, holding the price at the mentioned level and we can see more upside movement until the golden zone after retesting the current support level, if the market lose current support level, the price can possibly dump until ($10) the next support zone.
Will Tarsus Pharmaceuticals Inc (TARS) Stay at the Top of the Healthcare Sector?
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Will Tarsus Pharmaceuticals Inc (TARS) Stay at the Top of the Healthcare Sector?
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Daily Important Hits (July 25,2023)
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✅ STOCKS ✅ INDICES ✅ FOREX
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🌍 Forint holds steady after expected rate cut, crown off lows.
🌍 Gold firms as spotlight shifts to U.S. Fed meeting.
🌍 FX options wrap - JPY woes, EUR gamma, GBP direction, AUD CPI.
🌍 Shares rise after China stimulus pledge; Europe outlook darkens.
🌍 TSX futures rise on higher metal prices after China's policy support bid.
🌍 Safety first in China under new central bank governor.
🌍 Euro slips further on gloomy data, China's yuan surges.
🌍 London court revives $3.5 bln mass forex lawsuit against banks.
🌍 Gold steadies as traders brace for key cenbank verdicts.
🌍 Big Tech litmus test as Fed gathers.
🌍 China stocks leap on stimulus hopes, Israeli assets weaken.
🌍 Germany earmarks 20 bln euros in subsidies for chip industry.
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$ZVIA broke the ascending triangle pattern and dumped until the previous support zone (Support level 1) and holding the price at the support zone at the moment. If the market lose the current support level, the market can be dumped until the preceding support level (Support level 2) and show an upside movement. However, the market is in sideways for months if you carefully watch the day chart.
Time To Worry? Analysts Just Downgraded Their Zevia PBC (NYSE:ZVIA) Outlook
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Time To Worry? Analysts Just Downgraded Their Zevia PBC (NYSE:ZVIA) Outlook
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Daily Important Hits (July 26,2023)
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✅ STOCKS ✅ INDICES ✅ FOREX
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🌍 Dollar slips before Fed decision, euro rises on ECB hike bets.
🌍 COMMENT-Sterling higher as bulls focus on Fed-BoE rate divergence.
🌍 Gold firms on softer US dollar in run upto Fed verdict.
🌍 FX options wrap - BoJ risk to FX far exceeds Fed and ECB.
🌍 Wall Street opens lower as Big Tech results roll in; Fed in focus.
🌍 TSX futures fall on lower oil prices; Fed policy decision on tap.
🌍 Shares fall as Fed rate rise looms.
🌍 Copper falls on caution ahead of Fed outcome, China stimulus doubt.
🌍 European EPS misses are getting harshest punishment since 2017.
🌍 Gold climbs as Fed seen nearing interest rate summit.
🌍 ECB meeting: Possible market reactions.
🌍 Major Gulf bourses rise on strong earnings, China stimulus optimism.
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$TDOC broke the descending triangle, expecting a retest and more upside . The Fib golden zone within the price at $34 - $36. If the market breaks the current support (Support level 1), the price can be possibly dumped until the support level 2.
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$TSLA (Tesla) tried to break the strong resistance level and failed but is currently in the fib golden zone. So possible to retrace and break the resistance level, if so we can expect a more to the upside. If the market lose the Fib golden zone, we can expect a downside movement.
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$AMZN (Amazon) is currently rejected from the strong resistance trend line and also still holding price at the resistance level. If it breaks the resistance trend line, it possibly can go up to the fib golden zone (Upside). If the rejection continued and break the rising wedge support we can expect a downside movement until the support level 2 and support level 1.
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Daily Important Hits (July 27,2023)
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✅ STOCKS ✅ INDICES ✅ FOREX
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🌍 Rouble weakens vs dollar, Russian stocks hit pre-invasion high.
🌍 US dollar index rises after data.
🌍 Shares and euro gain as ECB follows Fed with rate hike.
🌍 European stocks and bonds rise after ECB decision and U.S. data, banks lag.
🌍 ECB lifts interest rates to highest since 2000.
🌍 Euro zone blue-chip index hits highest since December 2007.
🌍 Rand rallies as dollar extends post-Fed losses; PPI falls sharply.
🌍 TSX futures gain on higher commodity prices, Fed pause optimism.
🌍 Shares and euro climb ahead of ECB rate meeting.
🌍 Dollar tumbles as Fed hike seen as its last; markets await ECB.
🌍 Copper creeps higher on hopes US rate hikes are over.
🌍 Stocks rally, FX gains as dollar slides on bets of Fed rate hike end.
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Daily Important Hits (July 28,2023)
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✅ STOCKS ✅ INDICES ✅ FOREX
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🌍 U.S. stock futures hold gains after latest inflation data.
🌍 Dollar index trading down after data.
🌍 Rouble falls past 91 vs dollar to over 1-week low as tax period ends.
🌍 Stocks hold their nerve after Bank of Japan shock.
🌍 BOJ policy tweak sends yen on volatile ride.
🌍 Sterling wobbles at two-week lows as traders cut bets on jumbo UK hike.
🌍 BOJ excites, Dow unlucky but Intel jumps.
🌍 Dollar grins at big shorts: Mike Dolan.
🌍 Stocks poised for weekly gains; Turkey tweaks cenbank members.
🌍 Iron ore futures plunge on concerns of China steel output curbs.
🌍 European shares dip after mixed earnings, BOJ policy surprise.
🌍 COMMENT-Beware the bigger G10 FX option strikes expiring next week.
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