Nestle on the lower end of the channel
Nestle (NESN SW) is once again testing the lower end of the channel around 104. Will it rebound like the last times ? Source : Bloomberg
Microsoft approaching support 316
Microsoft (MSFT US) continues it's consolidation since mid July. It's now approaching important support level at 316. That level was March 2022 high and May 2023 breakout level. Keep an eye at that level. Source : Bloomberg
S&P 500 Index approaching support zone 4448-4458
S&P 500 Index (SPX) is approaching strong support zone 4'448-4'458. Keep an eye at that level. If that level breaks, next major support is 4'325. Source : Bloomberg
Siemens under pressure
Siemens (SIE GY) is under pressure. Next support zone is 136-138. Keep an eye on this key level. If it breaks, next level is at 126.50. Source : Bloomberg
Berkshire Hathaway breakout ?
Berkshire Hathaway (BRK/B US) has had an incredible 13% rally since last major resistance 319-320 and a 40% rally since the lows in October 2022 ! Stock is now on resistance 362.10. Will it have enough strenght to breakout ? Source : Bloomberg
Reckitt Benckiser back again on major support level
Reckitt Benckiser (RKT LN) is back on a major support zone. 1st support is the March 2020 trend support at 5575. 2nd one is support zone 5400-5500 that has been tested about 10 times. Keep an eye on these major levels. Source : Bloomberg
Pernod Ricard back above support 196.80
Pernod Ricard (RI FP) is back above major support 196.80 for the 3rd time since June. Stock is showing strenght on this major support level. Keep an eye on it as it's a key level. Source : Bloomberg
NASDAQ is currently trading right on the 50 day moving average
15200 is a short term level to watch, but the bigger support is at 15k. NASDAQ is now established "well" below the channel. Source: The Market Ear, Refinitiv
