LimThang(MY)
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Although it is running in a downtrend, the first candlestick in the morning volume is a large bullish candlestick because there is support. Moreover, the low point today is just at the lower edge of the downtrend channel, so it immediately rebounds. It also shows that drawing lines is important, so tomorrow you must continue to increase volume in order to drive the moving average to turn upwards, as well as Macd and Kdj to have a golden cross pointing upwards. It can't have a death cross pointing downwards again, because if it has a death cross pointing downwards again, it will easily break today's low point and may fall below 100.
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With the recent cooling of the U.S. labor market and a decline in inflation, expectations for a Federal Reserve rate cut in September are rising. This anticipation has softened the dollar and pushed down U.S. Treasury yields, prompting investors to shift their focus to alternative markets in search of higher returns. According to the latest investment strategy report from Nomura Securities, the onset of the Fe...
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Morning Movers
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$Autodesk (ADSK.US)$ Shares rose by 0.8% following the software group's impressive second-quarter results, which were predominantly above consensus forecasts. The company's recent outlook upgrade also suggests strong business momentum.
$Tesla (TSLA.US)$ Shares increased by 1.2% as the electric vehicle manufacturer reported its best sales month of the year in China for August, driven by strong demand in s...
Gapping up
$Autodesk (ADSK.US)$ Shares rose by 0.8% following the software group's impressive second-quarter results, which were predominantly above consensus forecasts. The company's recent outlook upgrade also suggests strong business momentum.
$Tesla (TSLA.US)$ Shares increased by 1.2% as the electric vehicle manufacturer reported its best sales month of the year in China for August, driven by strong demand in s...
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