ALB Limited 03.01.2024

Tesla Approached Trend Support

NAS100 Technical Analysis

If the downward movements continue in the Nas100 futures index contract, which follows a selling course at noon today after yesterday's decline, can be followed as support levels of 16625 and 16575 dollars. If upward movements come to the agenda, $ 16775 and $ 16825 can be followed as resistance levels.

Resistances:  16775 / 16825 / 16895
Supports: 16625 / 16575 / 16470
 

TESLA Technical Analysis

The stock, which has followed a weak course in the last three trading days, approached the uptrend support 243.20 level with the decline seen yesterday. Today, 243.20 can be monitored as critical support for possible reaction purchases in intraday declines. In upward pricing, 251.00-252.40 will be followed as important resistances.

Resistances: 251.00 / 252.40 / 255.00
Supports: 246.50 / 243.20 / 241.70
 

VALERO Technical Analysis

Bidirectional fluctuating pricing may continue in the stock, which follows a horizontal trend in the short term. While 129.00 level will be monitored as a critical support in intraday declines, if it is broken, reaction purchases may strengthen at 128.00-127.10 levels. If it is broken while 131.90 is intermediate resistance in intraday rises, 133.20-134.50 should be monitored as technically important resistances.

Resistances: 131.90 / 133.20 / 134.50
Supports: 129.00 / 128.00 / 127.10
 

WHEAT Technical Analysis

Technically, the $ 602.00 level can be monitored as a critical threshold in wheat, which is priced near its 50-day exponential average. In case of persistence above this level, $ 607.75 and $ 615.00, corresponding to fibo 38.2, can be followed as resistance levels. If downward movements continue, $ 600.00 can be targeted as an important support, while $ 50.0 and $ 594.75 corresponding to fibo 594.75 and $ 588.00 can be followed as support levels.

Resistances: 607.75 / 615.00 / 620.00
Supports: 600.00 / 594.75 / 588.00
 

COPPER Technical Analysis

Technically, 383.45 and 382.60 can be followed as important support levels if downward movements continue in Copper, which follows a negative course at noon. If possible upward movements come to the agenda, 386.35 and 387.75 dollars can be followed as resistance levels.

Resistances: 386.35 / 387.75 / 389.10
Supports: 383.45 / 382.60 / 381.60

Tags: Technical Analysis, Analysis, Forex

RISK PROBABILITY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.40% of retail investor accounts lose money when trading CFDs with ALB Limited. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The value of your investment may go down as well as up.

NEGATIVE BALANCE PROTECTION: Please see your rights here as a retail client.