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Look at my chart. Rate hikes aren't slowing the biggest contributors to CPI. Rate hikes are just hurting 50% of the population (who live week to week). 1- Look at the correlation with CPI (orange), the oil price (in white), the Au ga spump price (blue), residential property prices (purple). But remember the RBA has...
![There's a 30% chance of the RBA hiking rates in August, as CPI is rising again and inflation is going to push up even further in the 2H. But rate hikes are budging the key CPI pressure](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240626/9ad1ffd03e348c9abfb6f3c44eff361e.jpg/thumb?area=102&is_public=true)
![There's a 30% chance of the RBA hiking rates in August, as CPI is rising again and inflation is going to push up even further in the 2H. But rate hikes are budging the key CPI pressure](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240626/f1f7f12ffce66241d2cc692fc8b4f915.png/thumb?area=102&is_public=true)
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$Qualcomm(QCOM.US$ see chatgpt analysis of this stock price movement today===>Let's analyze the Qualcomm (QCOM) stock based on the provided chart and technical indicators:
### Key Technical Indicators:
1. **Bollinger Bands (BOLL)**:
- The price is below the middle band and approaching the lower band, indicating potential oversold conditions.
2. **Relative Strength Index (RSI)**:
- The RSI is around 20.101, which is well below 30, indicating that the stock is in oversold territory and ...
### Key Technical Indicators:
1. **Bollinger Bands (BOLL)**:
- The price is below the middle band and approaching the lower band, indicating potential oversold conditions.
2. **Relative Strength Index (RSI)**:
- The RSI is around 20.101, which is well below 30, indicating that the stock is in oversold territory and ...
![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/103509899/20240627/46bffedf1e5779238be0b8c2b39e6ca6.jpg/thumb?area=104&is_public=true)
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