Trade idea
BUY 312; TP 318; SL 310
The stock of Netflix has so far shown positive dynamics. This week, the price has managed to rise above the 100-day MA at the psychological level of $300.00, the 38.2% Fibo retracement of the July-September decline and the October high at $308.57. The natural level to target on the upside is the 50% Fibo mark at $318.50. The previous resistance levels will now act as support.
For the third time in a row, Apple reports a dip in sales as it releases its report for Q2 2023. The announcement led to a 7% drop in stock prices as more investors seemed to lose confidence in the stock’s performance.
It was an intense week across all the markets! We saw decent movements of major pairs, gas, stock indices, and oil prices. What should we trade this week? Time to check!
Are you searching for trade opportunities for December 6-10? Here you go!
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
The website is operated by FBS Markets Inc.; Registration No. 000001317; FBS Markets Inc. is registered by the Financial Services Commission under the Securities Industry Act 2021, license number 000102/6. Office Address: 9725, Fabers Road Extension, Unit 1, Belize City, Belize.
FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar.
Payment transactions are managed by НDС Technologies Ltd.; Registration No. HE 370778; Legal address: Arch. Makariou III & Vyronos, P. Lordos Center, Block B, Office 203, Limassol, Cyprus. Additional address: Office 267, Irene Court, Corner Rigenas and 28th October street, Agia Triada, 3035, Limassol, Cyprus.
Contact number: +357 22 010970; additional number: +501 611 0594.
For cooperation, please contact us via support@fbs.com.
Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.
Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission.
The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity.