@Optionspuppy:Hammer appeared for OCBC at 11.90 I feel it's the bottom one could buy and wait to sell before xd $OVERSEA-CHINESE BANKING CORP(O39.SI)$ Ahoy matey! The price trend for Oversea-Chinese Banking Corporation Limited (OVCHY) has been quite bearish lately, causing the stock to lose 6.3% over the past four weeks. But avast! The formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon. It seems that the bulls might have gained significant control over the price to help it find support. The hammer pattern is a technical indication of nearing a bottom with likely subsiding of selling pressure. But there's more to this bullish case for the stock. On t
@NormaHansen:Stall calm, and give this a month. The sale of the Mexican bank is coming, that will give them lots of cash, and they grew customers from this whole crisis. Enjoy a 5% dividend while you ride this out. It should be $50 in a month (10%+ return) and $55 in two months. If they can use some of the $ for a buyback, we will be back on the path to $60+.$Citigroup(C)$
@A.111:$Amazon(AMZN.US)$ shares are trading lower by 2.41% to $94.86 going into Tuesday's close. Shares of several retail & apparel companies are trading lower for the session as investors digest recent earnings reports from major retailers. Higher rates have also dampened overall market sentiment. What's Happening With Other Retail Stocks? Home Depot Inc shares are sliding on weak quarterly results, and one analyst sees the report as a sign that consumer spending is softening due to inflation.
@TradingLounge:Commodity Futures Markets:Bond Yields, US Dollar, US Gold, Silver, Copper, Lithium, Uranium, Nickel, Crude Oil, Natural GasCommodity Futures Market Summary: Elliott Wave Trading Strategies; US Gov Bonds 10 Yr Yields, US Dollar Index DXY, US Spot Gold, Silver, Copper, Lithium, Uranium, Nickel, Crude Oil and Natural GasCommodities Market Summary: Lower USD higher commodities at least for the next two or three trading sessions.Elliott Wave Trading Strategies: Shorting the USD, has confidence. Long in commodites, except Natural Gas, even though its likely to rally, its part of a downtrend.Video Chapters00:00 US Gov Bonds 10 Yr Yields05:08 US Dollar Index DXY 07:03 US Spot Gold10:29 US Spot Silver14:22 US Copper / Lithium / Uranium / Nickel 26:07 Crude Oil30:12 Natural GasAnalyst