BGEO has been in a nice uptrend for some time now but is it really the time to switch the flip now? What we see on a chart is a healthy correction and touching the trendline support but there is a big BUT. Amidst this current situation in Georgia, Tbilisi, people has been protesting the "Russian Law" which turned now into protesting the government itself. This...
Logarithm. Time frame 1 month. Main trend. Long-term trend. Decided to make an idea, as now, a lot of people from Ukraine and Russia emigrate to small Georgia for a while. There is a strong appreciation of lari while the currencies of other countries are depreciating. I won't describe why the GEL is getting stronger, as everyone understands why. Also, you should...
Stocks are being panic bid here at the open, so it's another win for central banks and hence the billionaire class. Blue wave, red wave, green wave, or purple wave, it means nothing folks. The way I see it, both the dems and the republicans want the FED to keep crushing the dollar through persistent easing of monetary policy, which primarily increases the wealth...
Hello, the weakest start on indices since 2016. Will we witness one more downside wave similar to yesterday's? Selling rallies towards 12825/75 Stop above 12950 1st target 12450 The second is open Good luck