On July 18, IBM was the latest big tech company to succumb to the value-destroying effects of a strong dollar: the daily and weekly price broke Ichimoku cloud to below for the primary bearish reversal. more...
3M Company (NYSE: MMM) is scheduled to report its Q2 2022 results on Tuesday, July 26. We expect the company to post revenue and earnings above the street expectations. The weekly price was bounced from 125 support level to above for the bear market rally to be continuing with 138 possible target to re-enter. more...
Netflix reported mixed results that weren’t as bad as some investors had feared. The daily price is breaking 199 resistance level to above for the possible daily bullish reversal. more...
Bitcoin prices climbed, appreciating alongside stocks. What factors caused this latest upside? When explaining these latest gains, several analysts pointed to a broader rally in stocks, as well as the steadily improving mindset of investors. more...
Swiss pharma giant Roche’s stock (OTCMKTS: RHHBY) has seen an 8% rise in a month, outperforming the broader S&P500 index, which remained flat. The daily price is on ranging within support level at 40 for the bearish trend to be resumed with 38 target to re-enter and resistance level at 42 for the daily bullish reversal to be started with 44 re-enter target. more...