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Evening update for Crude oil price 01-03-2024
Crude oil price traded with strong positivity to surpass our first waited target at 80.00 and open the way to achieve more gains in the upcoming period, reminding you that our next station is located at 81.55, and the price needs to consolidate above 80.00 as a first condition to the continuation of the bullish wave and guarantee not turning to achieve some intraday bearish correction before turning back to rise.
Evening update for Gold 01-03-2024
Gold price rallied upwards strongly to surpass our first target at 2065.70 and confirm opening the way to extend the bullish wave on the intraday and short term basis, reminding you that the next station reaches 2095.00, waiting for more rise in the upcoming sessions unless breaking 2065.70.
MoreFord extends gains - Analysis - 01-03-2024
Ford’s stock (F) rose in the intraday levels, after leaning on the support of the support of the 50-day SMA, lending it positive momentum, with positive signals from the RSI after reaching oversold levels, amid the dominance of the upward correctional trend in the short term.
MorePeloton emits more negative signals - Analysis - 01-03-2024
Peloton Interactive’s stock (PTON) fell in the intraday levels, with negative pressure from the 50-day SMA, amid the dominance of the main downward trend in the medium term, while trading alongside the short-term secondary trend line, as a negative divergence formed in the RSI after reaching overbought levels compared to the stock’s movements.
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