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The technical figure Triangle can be found in the US company Tesla Inc. (TSLA) at daily chart. Tesla, Inc. is an American electric vehicle and clean energy company. Tesla designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. The company had the most sales of...

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The technical figure Rising Wedge can be found in the German company Volkswagen AG (VOW3.de) at daily chart. Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturing corporation. It designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery, and offers...

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The technical figure Triangle can be found in the US company Mastercard Inc. (MA) at daily chart. Mastercard Inc. is an American multinational financial services corporation. Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "Mastercard" brand...

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50% Fibonacci saved several times the bulls, but the bears will not give up. Expectations? Breakout of the 50% Fibonacci and new lows around $21.50 Dropbox, Inc is a collaboration platform that’s transforming the way people and teams work together. It offers the following products: Dropbox Basic, Plus, Professional, and Business. The Dropbox Basic is the simple,...

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Morgan Stanley is expected to report earnings on 01/19/2022 before the market open. The report will be for the fiscal Quarter ending Dec 2021. Better than expected results may give strong support to the bulls and send the price back into the channel. On the other hand, if the results do not satisfy the investors this will be a good signal for the bears to step...

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The bearish scenario is more likely to continue for Shopify inc. , after the breakout of the major support level. If the bears succeed with their plan and price dip below $1030 we may see new lows below $900. Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for...

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Bank of New York Mellon is scheduled to announce Q4 earnings results on Tuesday, January 18th, before the market open. The consensus EPS Estimate is $1.01 (+5.2% Y/Y) and the consensus Revenue Estimate is $3.98B (+1.8% Y/Y). Over the last 3 months, EPS estimates have seen 8 upward revisions and 3 downward. Revenue estimates have seen 5 upward revisions and 0...

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The US dollar is being kicked down along with US yields as markets think twice about a faster pace of tapering by the Federal Reserve and wonder if they have priced the Fed too hawkishly. USD/JPY is on the backfoot and will likely remain so until yields begin to stabilize again. In this pair, technical analysis shows a technical figure Rising Wedge. The Rising...

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AUD/USD bulls take a breather around a two-month high, after rising the most since August. On the other hand, US Dollar slumped despite 40-year high inflation, US Treasury yields remain pressured, equities rallied before closing with mild gains. In this pair, technical analysis shows a technical figure Triangle. The Triangle broke through the resistance line on...

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The technical figure Channel Down can be found in the German company Bayer AG (BAYN.de) at daily chart. Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Bayer's areas of business include pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds, and...

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The technical figure Triangle can be found in the US company The Home Depot, Inc. (HD) at daily chart. The Home Depot, Inc., commonly known as Home Depot, is the largest home improvement retailer in the United States, supplying tools, construction products, and services. The Triangle has broken through the support line on 08/01/2022, if the price holds below this...

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The British Pound has held onto recent gains as the rapid spread of the Omicron variant continues to hinder the pace at which the global economy can recover from the Coronavirus pandemic. After the BoE (Bank of England) made a decision to raise rates in December, the Sterling ended the year in positive territory and remains resilient against its major...

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LTC/USD traded lower yesterday, breaking below $141.50, which is the lower end of the sideways range that had been containing the price action since December 5th. Although the rate has paused for now near the $131.40 level, the dip below $141.50 has turned the outlook from neutral to bearish in the experts' view. A clear break below $131.40 could pave the way...

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The hopes of government support to the London, due to Brexit-linked losses to the financial hub, join the positive progress on the US-UK Brexit trade talks to favor GBP/USD bulls. Elsewhere, the European Union (EU) took down multiple Brexit-linked sites, including the leave EU, while marking the latest spark with the UK. Additionally, news of the British-France...

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Tesla Inc. (TSLA) opened with a positive gap yesterday, overcoming the downside resistance line taken from the high of November 4th, as well as the $1200.00 barrier. The stock continued its journey north and touch again and reverse from the strong resistance level around $1200.00 per share. In the experts' view, this, combined with the fact that the share price...

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Adobe Systems Incorporated (ADBE) is a large diversified software company that operates worldwide. The company deals in digital media and cloud services that allow customers to access the latest versions of its creative products. The stock had been a big winner over the last couple of years, more than doubling since the start of 2020. However, a recent...

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IBM is set to rocket if it can break $140 in 2022. Create a massive green leg, still is looking pretty long. Fundamentally they have done the work to focus strictly on cloud business which is expected to grow year over year. Daily MACD continue green yesterday . Shares to borrow and short has dried up. Moving in a triangle strenght to 140$, then looking for...

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CRUDE OIL is trading in a massive wedge Daily chart shows two bullish legs finished to the resistance area and now the price is retesting a horizontal resistance. WTI price will make a pullback and possible targets for short positions to support level zone around 72.20 Towards the local support below. On the other hand swing structure is to the upside. Long...