Last post: May 14th. See chart.
Review: Price was pulling back to round number 110 resistance.
Update: Price continued to pullback and is now trading above the round number 110.
Conclusion: Require current resistance zone and the daily 50SMA to hold strong and for the bears to take back control.
Any comments or questions, do not hesitate to leave them ...
We last posted on the TRYJPY on April 10th when price was finding immediate support at the pivot low of March. The following bar did break and close below the pivot support this was short-lived. Price spent the latter part of April pulling back to the 50SMA where it found resistance.
The 50SMA is a significant level of support and resistance when price is in a ...
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There have been many disputes over the first 1 Trillion-dollar company. Many say it is Google or Amazon - on the other hand, I say APPLE. The market capitalisation is calculated by (share price X shares outstanding). Currently, APPLE's shares outstanding is 5.09B, so in order for the company to get to 1 trillion dollars, the price would need to reach $196.50. ...
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