Credit Suisse’s stock (NYSE: CS) has lost approximately 39% YTD, as compared to the 21% drop in the S&P500 over the same period. Daily price was bounced from 7.24 resistance level to below for the primary bearish market condition to be resumed with 5.65 support level as the possible target to continuing. more...
Gold is on course for a weekly loss for the first time in 4-weeks as rising global yields and a surging USD continues to weigh on the precious metal. The daily price is on secondary ranging within 1879 resistance level for the primary bullish reversal to be started and 1805 support level for the primary bearish trend to be continuing with 1786 support level as a next possible target. more...
At its current price of $244 per share, it is trading 32% below its fair value of $360 – Trefis’ estimate for Microsoft’s valuation. The daily price is located far below 200 SMA is the bearish area of the chart: the price is trying to break the support level at 241 to below for the strong primary bearish trend to be continuing. more...
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