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Stocks report by HY Markets

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Re: Stocks report by HY Markets

Postby HY Markets » Mon Aug 18, 2014 9:56 am

HYMARKETS Stocks Report: Intel Corporation

• Intel reaches buy target 34.00
• Next buy target - 35.00


Intel recently reached the buy target 34.00 that was set in our earlier report for this company. The price recently broke above the resistance trendline of the daily down channel from July (which has enclosed the preceding intermediate ABC correction (4)). This down channel breakout should add to the bullish pressure on Intel in the coming trading sessions. The price is expected to rise further inside the currently active 5th intermediate impulse wave (5) toward the next buy target at 35.00 (top of earlier intermediate impulse (3)).

See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Tue Aug 19, 2014 1:03 pm

HYMARKETS Commodities Report: Brent Crude Oil
• Brent Crude Oil reaches sell target 102.00
• Next sell target - 100.00

Brent Crude Oil recently broke below the support level 102.00 that was set as the sell target in our previous report for this instrument. The breakout of this support level continues the latest sharp downward impulse wave 3 from the middle of last month (which earlier broke the strong support level 105.00). Brent Crude Oil is expected to fall further inside the currently active minor impulse wave 3 to the next sell target at the major round support level 100.00 (which reversed the price multiple times in the middle of last year).

See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Wed Aug 20, 2014 5:49 pm

HYMARKETS Stocks Report: Microsoft Corp

• Microsoft approaches buy target 46.00
• Next buy target - 47.00

Microsoft has been rising sharply in the last few trading sessions – in line with our earlier forecast for this company. The price yesterday closed near the buy target 46.00 that was set previously for Microsoft. The price is currently moving inside the 3rd minor upward impulse wave 3 of the longer-term 3rd intermediate impulse (3). If Microsoft breaks above the resistance level 46.00, it can be expected to rise further to the next buy target at 47.00 (intersecting with the upper resistance trendline of the daily up channel from January).


See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Thu Aug 21, 2014 2:32 pm

HYMARKETS Stocks Report: Intel Corporation

• Intel forms weekly Bullish Engulfing
• Next buy target - 35.00

Intel continues to rise strongly in line with our previous forecast for this company. The price has been rising steadily over the last few months – breaking above 3 progressively steeper weekly up channels from November of 2012 and from February and May of this year (signaling intensifying bullish pressure on Intel). The price recently created the strong Japanese candlestick reversal pattern – weekly Bullish Engulfing (highlighted on the weekly Intel chart below). Expect Intel to rise to the next buy target at 35.00 in the neatest time.

See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Fri Aug 22, 2014 10:38 am

HYMARKETS Stocks Report: Bank of America Corp

• Bank of America reaches buy target 16.00
• Next buy target – 16.50

Bank of America recently reached the buy target 16.00 that was set in our previous report for this company. The price previously reversed up sharply from the support zone lying at the intersection of the support level 15.00 and the 61.8% Fibonacci Correction of the preceding intermediate upward impulse (1) from May. The subsequent upward impulse (3) from this support zone broke the resistance trendline from the top of earlier primary impulse ①. Bank of America is expected to rise further to the next buy target at 16.50.

See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Mon Aug 25, 2014 12:22 pm

HYMARKETS Stocks Report: Exxon Mobil Corp

• Exxon trades inside tight price range
• Next sell target – 96.00

Exxon has been trading sideways in the last few trading sessions – inside the tight sideways price range set between the support level 98.00 and the round resistance level 100.00. The upper boundary of this price range stands close to the 38.2% Fibonacci Correction of the preceding sharp downward impulse from the end of B wave. Due to the fact that Exxon is moving inside the C-wave of the larger ABC correction from May – Exxon is likely to break the lower boundary of this price range and then to fall to the next sell target at 96.00.

See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Tue Aug 26, 2014 11:28 am

HYMARKETS Stocks Report: The Goldman Sachs Group, Inc

• Goldman Sachs reaches buy target 177.50
• Next buy targets – 180.00 and 181.40


Goldman Sachs recently reached the buy target 177.50 that was set in our earlier forecast for this company. The price immediately reversed down from the resistance zone surrounding 177.50 – strengthened by the upper daily Bollinger Band and the upper resistance trendline of the daily up channel from April. Goldman Sachs is expected to continue the upward movement in the nearest time – inside the currently active minor impulse wave 3 – toward the next buy targets at 180.00 and 181.40 (top of the primary impulse wave ① from January).
See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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Re: Stocks report by HY Markets

Postby HY Markets » Wed Aug 27, 2014 12:32 pm

HYMARKETS Stocks Report: International Business Machines Corp


• IBM rises inside intermediate impulse (3)
• Next buy target – 196.00

IBM continues to rise after the recent reversal from the support zone near the support level 185.00. This support zone was strengthened by the 61.8% Fibonacci Correction of the previous sharp intermediate impulse (1) from the end of July, the lower daily Bollinger Band and the former resistance trendline from April – acting as support now - after it was broken last month. IBM is expected to rise further in the active intermediate impulse wave (3) toward the next buy target at 196.00 (top of earlier impulse (1)).

See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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Re: Stocks report by HY Markets

Postby HY Markets » Thu Aug 28, 2014 1:54 pm

HYMARKETS Stocks Report: AT&T Inc

• AT&T reverses from support level 34.50
• Next buy target – 35.50

AT&T recently corrected up from the strong support zone surrounding the support level 34.50 (which has been reversing the price from April). This support zone was strengthened by the lower daily Bollinger Band and 50% Fibonacci Correction of the earlier upward price move from March. The upward reversal from this support zone completed the earlier intermediate ABC correction (2) from May. AT&T is expected to rise inside the active 3rd intermediate impulse (3) toward the next buy target at 35.50.

See more at http://www.hymarkets.com/

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Mon Sep 01, 2014 12:11 pm

HYMARKETS Commodities Report: Cotton


• Cotton reverses from strong support zone
• Next correction target - 0.7000

Cotton continues to rise after the recent reversal from the strong support zone located between the support levels 0.6200 and 0.6580. The strength of this support zone – coupled with the strong oversold reading on the weekly RSI indicator – led to the recent sharp upward correction (4) from this support area. Cotton is expected to rise further toward the next correction target at round resistance level 0.7000 (intersecting with the 61.8% Fibonacci Correction of previous downward impulse from June).

See more analysis at http://www.hymarkets.com/english/education_market_commentary.html

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HY Markets
 
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