SGS under pressure, on long term swing support
SGS (SGSN SW) is down more than 5% this morning and 43% since January 2022 highs ! Keep an eye at 72.06 support over the next few days. Source : Bloomberg
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
A golden cross on gold (50d MA is trading above 200d MA and both are trending higher)
Source. Bloomberg, Tavi Costa
Crude Oil on major level
Crude Oil WTI has consolidated 27% since September and is now testing August 2022 downtrend line. Source : Bloomberg
