Trading Conditions
Products
Tools
Purchase of Gilead Sciences, Inc. shares (#GILD). American biopharmaceutical company.
On the weekly chart, the price exited the rising wedge upward. The Marlin Oscillator is turning up and, visually, intends to get out of the prolonged sideways consolidation formed in the zone of the growing trend.
We define growth targets by Fibonacci levels: 138.2% at 74.18, 161.8% at 77.18.
On the daily chart, the price consolidated above the upper wedge line and above the 110.0% Fibonacci level. The Marlin Oscillator is growing. We look forward to continued growth.
Sale of Intel shares (#INTC).
On the weekly chart, the price has consolidated below the indicator line of balance, and the Marlin oscillator has already penetrated deeply into the zone of the downward trend. A further medium-term decline in these shares can be expected.
The first target of 49.70 is the top of September 2018, while the second target of 43.70 is the low of October 2020, March 2020, and December 2018.
On the daily chart, the price breaks through with lower shadows under the MACD indicator line. The Marlin Oscillator has outlined a downward reversal on the way to the border with the growth territory. The trend is downward.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
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 Instant Trading EU Ltd 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?
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.