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FX.co ★ Stock trading on March 7, 2022

Stock trading on March 7, 2022

Buying the shares of Johnson & Johnson, an American healthcare holding. On the weekly chart, the quote reached the Krusenstern line. The Marlin oscillator is moving up in the positive zone. The price may break through resistance. The first target is seen at the February high of 174.27. The August high of 179.90 serves as the second target.

 Stock trading on March 7, 2022

The price went above the Krusenstern line and the Marlin oscillator reached the positive zone on the weekly chart. The quote has bullish potential.

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 Stock trading on March 7, 2022

Selling the shares of Advanced Micro Devices (#AMD), an American semiconductor producer.

 Stock trading on March 7, 2022

On the weekly chart, the price fell below the balance line and the 161.8% Fibonacci level. The Marlin oscillator is moving down in the negative zone. Bear targets are seen at the July low of 84.22 near the 238.2% Fibonacci level and the May low of 72.49, in line with the 271.0% Fibonacci level.

 Stock trading on March 7, 2022

On the daily chart, the quote is moving below the balance line. The Marlin oscillator is moving down in the negative zone and is likely to extend the move.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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