T-Mobile stock has had a stellar year so far, rising by 16% year-to-date, compared to the broader S&P which remains down by about 20% over the same period. And the daily price is above Ichimoku cloud for the primary bullish market condition by testing 136 resistance level to above for the bullish trend to be continuing. more...
Microchip Technology Inc. (NASDAQ: MCHP) stock price jumped around 3.3x from $18 in 2018 end, to almost $60 currently, primarily due to favorable changes in its P/S multiple. By the way, the monthly price broke Ichimoku cloud by close MN bar for the reversal to the primary bearish market condition: the price is breaking support level at 63 to below for the primary bearish trend to be continuing. more...
Kellogg stock rose after the company announced a proposed corporate split. But the daily price is still on secondary ranging to be near and above 200 SMA within 66/71 support/resistance levels waiting for the direction of the bearish reversal to be started or the bullish trend to be resumed. more...
Mastercard’s stock (NYSE: MA) has lost 7.2% in the last week, underperforming the S&P 500 (down 6.1%). more...
“The bear market will not be over until recession arrives—or the risk of one is extinguished,” Morgan Stanley has warned clients. more...
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