Diageo approaching a strong support level
Diageo (DGE LN) is down 35% since January 2022 and now reaching 2009 uptrend support and also strong demand support zone 2475-2635. Keep an over the next few days at these key levels. Source : Bloomberg
SGS breakout ?
SGS (SGSN SW) is up 6%, trying to breakout March 2022 downtrend ! Recent double bottom without any close below 72.06 is very positive news. Trend long term remains bullish. Keep an eye at it. Source : Bloomberg
Tesla looking for support
Tesla (TSLA US) is under a lot of pressure. It broke October low and confirming the bearish trend that started in July 2023. Keep an eye at next support zone 178-184. Source : Bloomberg
Givaudan approaching major resistance
Givaudan (GIVN SW) is approaching major resistance 3'536. Last time in December stock wasn't able to break. Keep an eye at this key level. Source : Bloomberg
ASML near all time high
ASML (ASML NA) confirmed once again the bull trend by breaking 700 to the upside. Next level to keep an eye is all time high 777.50. Source : Bloomberg
Bitcoin (XBTUSD) Keep an eye at support
Bitcoin (XBTUSD) remains in a bull trend since mars 2023 but be carreful at this pullback as it's testing latest swing support 40'968.50 . This level needs to hold for the trend to remain valid. Source : Bloomberg
Hang Send Index reaching a multisupport zone
Hang Seng Index (HSI) is retesting October 2022 low. It's also on 1989 uptrend support !!! Keep an eye at this zone 14'600-15'200 over the next few days. Source : Bloomberg
BREAKING: PPI data
- Core PPI comes in at 0% m/m vs 0.2% forecast - Core PPI comes in at 1.8% y/y vs 2% forecast - Headline PPI comes in at -0.1% m/m vs forecast of 0.1% - Headline PPI comes in at 1% y/y vs 1.3% forecast A colder than expected print across all readings! Source: Bloomberg, Markets & Mayhem
