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JPMorgan (NYSE: JPM) is scheduled to report its fiscal Q1 2022 results on Wednesday, April 13, 2022. We expect JPMorgan to post strong results, with revenues being in line (just ahead) and earnings beating the expectations. Daily price is located below Ichimoku cloud in the bearish area of the chart. The price is trying to cross 127.27 support level to below for the bearish trend to be continuing. Alternatively, if the price breaks 137.41 ...
The price of AbbVie stock (NYSE: ABBV) reached its all-time high of around $174 yesterday. It is up over 12% in a month, while it rose a stellar 63% over the last twelve months. This marks a significant outperformance over the broader markets, with the S&P 500 rising 10%... more...
Airbnb stock (NASDAQ: ABNB) has rallied by almost 25% over the last month, compared to the Nasdaq-100, which gained about 9% over the same period. The daily and weekly price is ranging around Ichimoku cloud within 161/179 support/resistance level waiting for the direction of the strong trend to be started. more...
Salesforce stock has gained 1.7% in the last week, outperforming the S&P 500 (up 0.2%). Further, the same trend was observed over one month (7.8% vs 5.7%). The weekly price is on primary bearish ranging within 184/222 support/resistance level waiting for direction of the bearish trend to be contonuing or the bullish reversal to be started with 311 resistance level as a possible target. more...
Some experts are warning that the economy will take a “major hit” next year as the Fed struggles to combat inflation. For example, Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year, albeit a "moderate" one, thanks to the combination of surging inflation and rising interest rates. Weekly price of Deutsche Bank stock was bounced from 9.46 bearish support area to above for crossing Ichimoku ...