AstraZeneca still in consolidation mode
AstraZeneca (AZN LN) is still consolidating since April (down 20%) but it's getting close to the tip of the triangle, so keep an eye, could see a move soon ! Source : Bloomberg.
Nestle back on major level
Nestle (NESN VX) has consolidated 25% since July 2022. It's now on 2009 majort support level. Keep an eye at this key level. Source : Bloomberg
Russel 2000 Index always in the 20 months range
Russel 2000 Index (RTY) remains in the range 1640-2020 since 20 months ! It's now approaching the upper band. Will it have enough strenght to breakout ? Source : Bloomberg
Shell on uptrend support
Shell consolidated 12% since October highs. Bullish trend remains strong. Stock is back on July 2021 uptrend. Is it time for a rebound ? Source : Bloomberg
Zurich Insurance breakout ?
Zurich Insurance (ZURN SW) is breaking out the 22 months triangle consolidation. Keep an eye at resistance zone 457-462. Source : Bloomberg
Crude Oil on major level
Crude Oil WTI has consolidated 27% since September and is now testing August 2022 downtrend line. Source : Bloomberg
Volkswagen finally breaking out
Volkswagen has consolidated more than 60% over the last 30 months !!! End of October it rebounded on 2015 major support zone. It's now trying to breakout March 2021 downtrend. Keep an eye. Source : Bloomberg
Franco Nevada reaching major support zone
Franco Nevada (FNV US) is in a trading rance 105 - 170 since 2020 ! It's now reaching the lower end 105. Will it rebound once again ? Source : Bloomberg
