ALB Limited 22.11.2023

Recovery Effort in Wheat

NAS100 Technical Analysis

Ahead of the upcoming Thanksgiving holiday in the US, a weakening in volumes is observed in the short term in index and index futures contracts. Looking at the Nasdaq technically, after yesterday's decline, it is still slightly sellers in the short term today. In possible upward movements, 15990 and 16040 dollars can be monitored as resistance levels. In downward pricing, 15940 and 15920 dollars can be followed as support levels.
 
Resistances: 15990 / 16040 / 16120
Supports: 15940 / 15920 / 15860
 

NETFLIX Technical Analysis

In the stock, which continued its strong upward trend yesterday, the desire to move upwards may continue today in pricing above 457.40, where the 10-day exponential average has passed in technical terms. 483.40 should be followed as a critical resistance in intraday rises. In downward pricing, while 467.00 is the first support, if it is broken, 457.40-453.20 levels can be followed for reaction purchases.
 
Resistances: 478.00 / 483.40 / 485.00
Supports: 467.00 / 457.40 / 453.20
 

HEINZ Technical Analysis

Technically, the $ 33.90 level corresponding to the 100-day exponential moving average can be followed as a critical threshold. In case of persistence above this level, $ 34.50 and $ 34.90 can be followed as resistance levels in the short term. In case of a possible downward crossing of this level, $ 33.50 and $ 33.20 can be followed as support levels in the short term.
 
Resistances: 34,50 / 34,90 / 35,26
Supports: 33,50 / 33,20 / 32,92
 

WHEAT Technical Analysis

In Wheat, where volatility was high during the day, a slightly buying course is observed in the short term. If recovery trends continue, 562.00 and 563.75 dollars can be followed as resistance levels. In case of possible downward movements, $ 553.00 and $ 550.50 can be followed as support levels.
 
Resistances: 562,00 / 563,75 / 568,75
Supports: 553,00 / 550,50 / 545,00
 

COPPER Technical Analysis

Technically, the level of 377.75, which corresponds to the 200-day exponential moving average, can be followed as a critical threshold. In case of persistence above this level, 381.16 and 382.00 can be followed as resistance levels in the short term. In possible transitions below this level, 377.50 and 376.12 can be followed as support levels in the short term.
 
Resistances: 381,16 / 382,00 / 383,20
Supports: 377,50 / 376,12 / 375,40

Tags: Technical Analysis, Analysis, Forex

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