THE stock of 2024 has shown some weakness for the past few days, and some news made to trade all the way down for 130. We all know that this stock is a pray for the bulls, 128-132 is a major AOI. Yesterday we saw a clear rejection as buyers came in on ~130 level, with the Nasdaq futures (NQ) gaining huge momentum near the close. this flow can take this asset back...
Gold future contract was traded in an up trend for the past following days, after the huge correction we had from 2760 to the ~2600 level. from there - we gained momentum and buyers that took the price all the way up to 2710 again. yesterday we got a big daily correction candle that took us back to 2680. 2675-2680 is a big AOI for this asset, and I expect buyers...
Supported at 180-182 level and the trend level, targeting 200-205. Good company good fundamentals, on good market conditions this trade has high probability, momentum of buyers will take this stock to a new high.