UBS stock (NYSE: UBS) has gained 3% YTD, whereas the S&P500 has decreased 17% over the same period. Daily price was bounced from 16.40 support level for breaking the Ichioku cloud to above to the primary bullish reversal. The price was stopped by bullish triangle pattern with 18.84 resistance level, and if this level is broken so the primary bullish trend will be continuing. Alternatively, the price will be on the ranging market condition ...
Shares of Tesla plunged to an 11-month low on Tuesday. Daily chart was bounced from 1,152 resistance level to below for the 200 SMA breaking to below for the primary bearish reversal. The price is trying to cross the bearish triangle pattern with 633 support level to below for the bearish trend to be continuing. Conclusion: daily bearish or daily ranging bearish. more...
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