|
Nucor seeks a bottom to bolster it - Analysis - 22-02-2023
Nucor Corporation's stock (NUE) declined in the intraday levels while seeking a bottom to rise and gather positive momentum anew, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 187.90, provided the support of 155.00 holds on.
Expected trend for today: Bullish
Thanks for your feedback.
Clorox widens gains - Analysis - 22-02-2023
Clorox Company's stock (CLX) rose in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels.
MoreMidday update for the NZDUSD 22-02-2023
The NZDUSD pair didn’t show any strong move since morning, thus, no change to the expected bearish trend for today, which its next main target located at 0.6140, reminding you that the continuation of the bearish wave depends on the price stability below 0.6290.
MoreMidday update for the AUDUSD 22-02-2023
The AUDUSD pair shows more bearish bias to keep approaching the waited target at 0.6780, to keep the bearish trend scenario valid and active for today, supported by the EMA50, noting that breaking the mentioned level will extend the bearish wave to reach 0.6665 areas, while the continuation of the bearish trend depends on the price stability below 0.6925.
More