After a 27% fall year-to-date, at the current levels, we believe Walgreens stock (NYSE: WBA) can see higher levels. The weekly price is located below 200 SMA in the bearish area of the chart by trying to be bounced from 37.85 and 36.98 support levels to above for the bear market rally to be started with resistance levet at 44.27 as the possible target to re-enter. more...
Marathon Petroleum (MPC) stock has been succumbing to the recent government pressure on big oil companies, last seen down 3.6%. The weekly price is located above Ichimoku cloud in the bullish area of the chart: the price is on secondary ranging within support level at 81 for the secondary correction to be started and resistance level at 114 for the strong bullish trend to be resumed. more...
Oil prices are stuck in a “tug-of-war between supply and growth concerns,” experts say. more...
After staging an impressive post-earnings pop in late May, the shares of Ulta Beauty (ULTA) spent the former half of this month consolidating just below the $430 level before losing some of this steam as June volatility wore on. The weekly price is ranging near and around Ichimoku cloud for waiting for the direction of the strong price to be moved: - the price will be bouned to the bullish condition if the price breaks 429 resistance level ...
Capital One’s stock (NYSE: COF) has lost approximately 27% YTD, as compared to the 20% drop in the S&P500 over the same period. The daily price is on secondary ranging within the primary bearish market condition to be lated far below Ichimoku cloud. Conclusion: bearish to be resumed or the ranging to be continuing. The daily price is on secondary ranging within the primary bearish market condition to be lated far below Ichimoku cloud. Conclusion: ...
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