empty
07.03.2022 07:14 AM
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.

This image is no longer relevant

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

This image is no longer relevant

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

This image is no longer relevant

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.

This image is no longer relevant

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.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US market pulls back. Correction in sight?

S&P 500 Overview for May 21US market pulls back. Correction in sight? Major US indices on Tuesday: Dow -0.3%, NASDAQ -0.4%, S&P 500 -0.4%.S&P 500: 5,940, trading range: 5,400-6,200

Jozef Kovach 12:41 2025-05-21 UTC+2

Update on US stock market on May 20. Market holding gains without any correction

S&P500 Update on US stock market on May 20. Market holding gains without any correction Snapshot of benchmark US stock indices on Monday: Dow +0.3%, NASDAQ +0.0%, S&P 500 +0.1%

Jozef Kovach 11:00 2025-05-20 UTC+2

US credit rating downgrade raises odds of market correction

S&P 500 Overview for May 19 US credit rating downgrade raises odds of market correction Major US indices on Friday: Dow +0.8%, NASDAQ +0.5%, S&P 500 +0.7% S&P 500: 5,958

Jozef Kovach 12:32 2025-05-19 UTC+2

US Market: stalling below yearly highs

S&P 500 Overview for May 15 US Market: stalling below yearly highs Performance of the key US indices on Wednesday: Dow -0.2% | NASDAQ +0.7% | S&P 500 +0.1% S&P

Jozef Kovach 12:59 2025-05-15 UTC+2

Stock market buy and sell recommendations for May 15, 2025

Buying JP Morgan Chase shares (#JPM) JP Morgan Chase is an American multinational financial conglomerate. On the weekly chart, the stock has accelerated to the upside, likely aiming to reach

Laurie Bailey 12:56 2025-05-15 UTC+2

Update on US stock market on May 14

S&P500 Snapshot of benchmark US stock indices on Tuesday: Dow -0.6%, NASDAQ +1.6%, S&P 500 +0.7%. S&P 500: 5,886, range 5,400–6,200. Yesterday was another winning session for stocks. The S&P

Jozef Kovach 13:05 2025-05-14 UTC+2

Stock market buy and sell recommendations for May 14, 2025

Buying company shares (#IBM) International Business Machines (IBM) is one of the largest US-based IT companies, engaged in hardware manufacturing, software development, and more. On the daily chart, Monday's session

Laurie Bailey 13:03 2025-05-14 UTC+2

S&P 500 Forecast for May 14, 2025

On the weekly chart, the price has broken through the resistance of the embedded line of the green price channel and reached the target level of 5,908, the low from

Laurie Bailey 12:53 2025-05-14 UTC+2

Update on US stock market on May 9. SP500 and NASDAQ trading higher

At the close of the last regular session, US stock indexes ended in the green. The S&P 500 rose by 0.58%, the Nasdaq 100 gained 1.07%, and the industrial

Jakub Novak 15:36 2025-05-09 UTC+2

S&P 500 Forecast for May 9, 2025

The U.S. stock market has overcome uncertainty and is set for growth towards new all-time highs. The price has settled above the indicator lines of the Balance Line

Laurie Bailey 05:15 2025-05-09 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.