logo

FX.co ★ Buying and selling in the stock market on June 15

Buying and selling in the stock market on June 15

Purchase of Comcast shares (#CMCSA). American Telecommunications Corporation.

Buying and selling in the stock market on June 15

On the weekly chart, the price continues to grow in the upward price channel. The Marlin Oscillator is moving sideways in the positive zone.

See also: You can open a trading account here
Buying and selling in the stock market on June 15

On the daily chart, the price broke above the resistance of the MACD indicator line after the previous reversal of the Marlin oscillator from the zero line (arrow). The growth targets are determined by the price channel lines: 58.82, 60.90.

Sale of American International Group shares (#AIG). American Insurance and Finance Corporation.

Buying and selling in the stock market on June 15

On the weekly chart, the price reversed downward after the 161.8% Fibonacci level had been worked out. This is a strong and traditional level for a trend reversal. The Marlin Oscillator is still in the zone of positive values, but it is already going to attack the border with a negative trend. Target levels are determined by Fibonacci levels: 138.2% - 48.44, 123.6% - 45.12.

Buying and selling in the stock market on June 15

On the daily chart, a divergence is formed, Marlin is already in the negative zone, and the price has broken through the MACD indicator line. It also shows that the 123.6% Fibonacci level was the support for April 21, March 24, March 4.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account