FXstreet

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...

Nokia’s most recent Q1 ’22 earnings saw revenue rise to $5.66 billion, up from $5.38 billion in Q1 ’21.



Weekly chart by ranging below Ichimoku cloud in the bearish area of the chart. The price is on wide ranging within 4.58 support level for the bearish trend to be continuing with 4.51 target to re-enter and 5.41/5.60 resistance levels for the primary bullish reversal to be started.

more...

This could be attributed to a 2% drop in the consumer & community banking segment, followed by a 7% decrease in the corporate & investment banking division.



The weekly price is located below Ichimoku cloud in the bearish area of the chart. The price is trying to break the bearish triangle pattern with 118.90 support level to below for the bearish trend to be continuing with 115.39 level as the next target. Alternatively, if the price is ...

In trading on Wednesday, shares of Netflix entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $176.27 per share.



The weekly price is located far below 200 SMA with oversold market condition: the price was bounced from 163 support level to above for 185 level to be crossing for the secondary bear market rally to be started.

more...

We expect the company’s stock to trade higher post-first-quarter results - as its revenues and earnings are likely to beat consensus estimates.



The daily price of Lowe’s (NYSE: LOW) stock is far below 200 SMA in the oversold market condition according to Stochastic. The price is on bearish ranging within 179/199 support/resistance levels waiting for direction of the primary trend to be resumed or the secondary bear market rally to be started. ...