Day: May 18, 2022

• Chevron reversed from resistance level 174.30• Likely to fall to support level 165.00 Chevron today reversed down sharply from the resistance area set between the major resistance level 174.30 (the previous monthly high from March and April) and the upper daily Bollinger Band. The downward reversal from this resistance area created the daily Evening […]

• WTI reversed from resistance area• Likely to fall to support level 105.00 WTI crude oil recently reversed down from the resistance area located between the key resistance level 110.00 (which has been reversing the price from April) and the upper daily Bollinger Band. This resistance zone near was further strengthened by 50% Fibonacci correction […]

Morgan Stanley MS, -2.97% increased its position in the AdvisorShares Pure US Cannabis ETF MSOS, -3.79% by 480,168 shares during the first quarter to a total of 1.59 million shares as of March 31, according to a filing on Tuesday. With a 3.2% stake, Morgan Stanley now ranks as the third largest institutional holder of […]

Impossible Foods Inc., the privately-held plant-based meat company long rumored as an IPO candidate, is making its European debut in the United Kingdom this week with the launch of Impossible Chicken Nuggets and Impossible Sausage Patties. Impossible Chicken Nuggets first launched in the U.S. late last year. The expansion comes as rival Beyond Meat Inc. […]

The FSMA website (available in French or Dutch only) and the FAQs (available in French or Dutch only) about supplementary pensions state a number of amounts that are set by the social legislation on supplementary pensions. These amounts have been updated. Source: FSMA

Rainbow Saver Anglia Credit Union Limited was placed into administration on 18 May 2022 and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co Limited have been appointed as joint administrators.  Rainbow Saver Anglia Credit Union Limited is a financial co-operative owned by its members. It is regulated by […]

The historic selloff in Target Corp’s stock TGT, -24.36% is casting a pall on the retail sector, as shares of 90 of the S&P 500’s SPX, -2.85% 92 consumer discretionary and staples companies are trading lower. Target’s stock was the weakest of the bunch, tumbling 24.7% toward an 18-month low, as well as the biggest […]

The Financial and Consumer Services Commission (FCNB) has become aware that Bitcoin Motion, which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services.  New Brunswickers are urged to exercise caution when investing with Bitcoin Motion or any unregistered […]

GBPUSD moved away from its lows but investors need good news to continue buying.  The Pound sterling took a break against the USD on Wednesday. The current quote for the instrument is 1.2403. The United Kingdom continues to release the statistics, this time on prices. For example, the CPI showed 9.0% y/y in April, which […]

There is nothing new in the BTC so far. On Wednesday, the major cryptocurrency is trading at $29,852. The asset is clearly stuck inside the “flat” between $29,000-$30,000. As long as it remains here, there are chances to slide down to $20,000. At the moment, any “quick growth” scenario can’t be taken seriously. The technical […]