Phillips 66 Closed Above its Bollinger Band, Still in Downtrend
Phillips 66 closed above its upper Bollinger band, indicating shares may be overbought. In the past 12 months, the stock has crossed above this level 10 times and fell an average of 5.6% in the next 20 days. Can it break?
Source: Bloomberg
Salesforce just broke to the upside the flag
Salesforce (CRM US) has broken the flag on the upside. It's now trying to break major resistance 221-225. Keep an eye at this key level. (Source : Bloomberg)
Pernod Ricard strong reversal day yesterday on support zone
Pernod Ricard (RI FP) had a strong reversal day yesterday ! Stock is now back over major support 196.80. (Source : Bloomberg)
Dassault Systemes rebounding on support zone
Dassault Systemes (DSY FP) is rebounding on support zone 38-38.60 !
Astrazeneca trying to hold support zone 10’186-10’280
Astrazeneca (AZN LN) remains under pressure. If support zone 10’186-10’280 doesn’t hold, next support zone will be 9’500-9’600. Source : Bloomberg
Novartis back on the top of the triangle
Novartis (NOVN SW) is back on the triangle. Bad news of company losing patent ruling related to Entresto drug, has sent the stock down more than 3% in the last 30 min of trading. Keep an eye at this level.
Vinci back on major breakout level
Vinci (DG FP) is back again on major breakout level. Will we see a rebound from here ? Source : Bloomberg
TotalEnergies back over July 2021 uptrend support
TotalEnergies (TTE FP) broke recently the July 2021 uptrend. It spent about 7 days below that level on poor volume. It is now trading again over the uptrend !
