ALB Limited 23.01.2024

Limited Negative Outlook Before NETFLIX Financials

NAS100 Technical Analysis

In the Nasdaq index, after testing the 17580 level during the day yesterday, a limited negative course is observed in the short term today with the reaction sales. In possible upward movements in the index, the 17500 level can be followed as a resistance point. In possible downward movements, the 17390 level can be followed as a support point.
 
Resistances: 17500 / 17580 / 17680
Supports: 17390 / 17300 / 17160
 

NETFLIX Technical Analysis

Financial reports to be announced today will be important in the stock, which had a negative closing on the first trading day of the week. If the financial results remain below expectations, it may create downward pressure on pricing. Support levels of 481.40 and 477.50 should be monitored in the short term. Financial performance above expectations may cause the stock to accelerate, and resistance levels of 488.70 and 491.40 will be important.
 
Resistances: 488.70 / 491.40 / 495.80
Supports: 481.40 / 477.50 / 472.80
 

COCA-COLA Technical Analysis

COCA-COLA stock, which entered the uptrend since October 2023, closed Monday negatively. If downward movements continue, 59.10 and 58.70 can be followed as important support levels in the short term. If the 58.70 level is crossed downwards, 58.10 can be followed as another important support level. In case of upward movements, 60.00 and 60.40 can be targeted as important resistance levels.
 
Resistances: 60.00 / 60.40 / 60.80
Supports: 59.10 / 58.70 / 58.10
 

WHEAT Technical Analysis

If the upward movements in Wheat, which follows a positive course in the short term, continue, 600.00 and 603.45, where the 100-day exponential moving average passes, can be followed as important resistance levels. In case of downward movements, 590.00 and 586.40 can be followed as important support levels in the short term. If the 586.40 level is crossed downwards, 581.10 can be targeted as another important resistance level.
 
Resistances: 600.00 / 603.45 / 609.60
Supports: 590.00 / 586.40 / 581.10
 

COPPER Technical Analysis

Copper is trading in the 379 region on the second trading day of the week with the reaction movement from the short-term rising trend. In possible upward movements, the 380 level can be followed as a resistance point. In downward movements, the 375 level can be followed as a support point.
 
Resistances: 380.00 / 383.20 / 386.50
Supports: 375.00 / 373.50 / 372.50

Tags: Technical Analysis, Analysis, Forex

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