Jiming Huang / Blog
Pivot (invalidation): 106.20 Our preference Short positions below 106.20 with targets at 106.00 & 105.90 in extension. Alternative scenario Above 106.20 look for further upside with 106.30 & 106.40 as targets...
Pivot (invalidation): 1.2770 Our preference Long positions above 1.2770 with targets at 1.2865 & 1.2900 in extension. Alternative scenario Below 1.2770 look for further downside with 1.2740 & 1.2715 as targets...
Pivot (invalidation): 1.1825 Our preference Long positions above 1.1825 with targets at 1.1860 & 1.1875 in extension. Alternative scenario Below 1.1825 look for further downside with 1.1810 & 1.1795 as targets...
In individual corporate news, Oracle stock price increased by 6% in after-hours trading after the software maker reported Q1 earnings and revenue that beat analysts’ forecasts...
US equities will likely end the week lower despite Wednesday rebound, as tech stocks haven’t extended their recovery. Wall Street tumbled again on Thursday, though at a moderate pace compared to the latest slump...
Pivot (invalidation): 37.65 Our preference Short positions below 37.65 with targets at 36.75 & 36.15 in extension. Alternative scenario Above 37.65 look for further upside with 38.10 & 38.45 as targets...
Pivot (invalidation): 26.9500 Our preference Short positions below 26.9500 with targets at 26.4000 & 26.0600 in extension. Alternative scenario Above 26.9500 look for further upside with 27.2700 & 27.4800 as targets...
Pivot (invalidation): 1950.00 Our preference Short positions below 1950.00 with targets at 1934.00 & 1925.00 in extension. Alternative scenario Above 1950.00 look for further upside with 1957.00 & 1966.50 as targets...
Pivot (invalidation): 3380.00 Our preference Short positions below 3380.00 with targets at 3303.00 & 3259.00 in extension. Alternative scenario Above 3380.00 look for further upside with 3452.00 & 3500.00 as targets...