Earlier this week, we highlighted the prevailing bullish sentiment in the market ahead of Alphabet’s (GOOGL) earnings report, noting that:→ an ascending channel had formed;→ the psychological resistance level at $200 was of particular importance. […]
Yesterday, Alibaba (BABA) shares dropped to their lowest level since late April. The decline followed the company’s announcement of a planned bond issuance totalling approximately $1.53 billion, with a maturity date set for 2032. The […]
Only yesterday we questioned the sustainability of the stock market’s upward trend amid alarming news from the Middle East and the evacuation of the US embassy in Iraq — and today, the S&P 500 chart […]
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