News
Over the past few months, a major awareness campaign has been underway to combat online fraud. The campaign is centred on the slogan: ‘If it seems too good to be true, it probably is’. The first stage of the campaign focused on fraud involving cryptocurrencies. The second stage, currently in progress, addresses investment fraud. Later […]
Type: Bullish BounceKey Levels:Resistance: 154’10Pivot: 152’09Support: 151’08Preferred Case: Price has recently bounce from pivot level of 152’09 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection . Price can potentially go to resistance level of 154’10 in line with 78.6% Fibonacci retracement . Our bullish bias is supported by the moving average as price […]
Type: Bearish ReversalKey Levels:Resistance:Pivot:Support:Preferred Case:Prices are at a strong resistance level. We see the potential for a dip from our Pivot at 115.303 in line with 23.6% Fibonacci retracement towards our 1st support at 114.537 in line with 78.6% Fibonacci retracement and daily ascending trendline. Prices are transcending through our bearish Ichimoku clouds, further supporting […]
Kimberly-Clark Corp. KMB, +2.52% said Friday that it has taken a majority stake in Thinx, a company specializing in washable, menstruation underwear. Thinx undergarments are made to absorb wetness and be reused. Terms of the transaction were not disclosed. Among Kimberly-Clark’s existing brands are Kotex, Depend and Poise. “Our investment in the success of Thinx […]
Baker Hughes BKR, +2.72% on Friday reported that the number of active U.S. rigs drilling for oil was up by two to 522 this week. That followed a climb of 4 oil rigs the week before, Baker Hughes data show. The total active U.S. rig count, which includes those drilling for natural gas, climbed by […]
Gold futures fell on Friday, ending the week with a loss for the first time in four weeks. “What we’ve seen this year is a bid for gold put in early on,” especially through the month of February as the threat of invasion ramped up, said Adam Koos, president at Libertas Wealth Management Group. Now […]