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Overall Royces pulled back 9.9% in April along with Mr Market SP500 correcting from a high of 5264 down to 4953 some 6% and now trading around 5000 meanwhile Lockheed Martin has its sights on a potential Golden Cross. A bullish signal is the Golden Cross, where the 50-day SMA is about to cross above the 200-day SMA. If a Golden Cross were to occur, it would indicate bullish potential for the stock.
All 444 are in sight again and the Solar switch is turned ON not to forget the E-Lix plant works which should be ramping up production next month meanwhile, the Copper price is breaking out to the upside above 4.5 targeting the high 5 and could be a cracking interesting debut on Monday when hitting the big board.
Jarnold231 Price is in an inside week 'flight' corridor trading range between 390-430 any break out on either side is needed for a directional move note the move lower this morning was probably caused by the Nikkei225 being down over 2% meanwhile a tie-up of the companies AngloAmerican would make BHP the largest copper king/producer in the world the new gold standard
NotZero check out the sell-by date on that link. Generally speaking, worldwide travel is expected to exceed the pre-pandemic levels in 2024; some pundits have estimated these figures to reach around 15%.
Stargate Bingo and we have lift-off prices that have gone through 146 nice cups and handle break-outs IMOO DYOR
Yes, copper is now just 1p off the $ 4.48 high set in Jan 2023 break out above here and the price is on its way to the ATH at $5.22 incoming potentially forming a decade-long cup and handle formation π
Happy Friday > The Nikkei 225 is nose-diving currently down -2.3% - 37200 as of this moment and more broadly has retraced by some 10% since March 25 and is now located at the LT EMA in the middle of the clouds maybe heading direction 200 sma at 34520 meanwhile Coffee futures are down by -3.85% and Cocoa flying is in the sweet spot up a whopping 9.63% and nearly quadrupling this year alone from 3 to 11? π
Royces has just been caught up and spun wild around in the overall market gyrations while Mr Market got ahead of himself with too high hopes of early interest rate reductions in the USA and the wars in the ME this has in turn pulled back DJ30 by over -5% and the major index SP500 by some -4.5% and Nasdaq -3.5% during the first two weeks of April.
Hi Whalebone
Why not it is heading in a clear direction due north and has gone fairly straight up now just since 2015 by some 400 % excluding dividends and the London main market listing pending should double the SP in the short term IMOO DYOR GLAπ
Hi Etank,
Thanks, I can not give you any buy or sell advice or recommendations In the short term (daily TF) the price action is in a corrective move touching/bouncing on the 28 SMA at the midline inside of the Bollinger Bands which needs to hold above to remain bullish. IMOO DYOR GLA