It is currently consolidating in a descending triangle. It has hunt all the stop losses of short positions by recent upward fast move. Now we've to wait for a sustain breakout/breakdown to confirm it's next move.
It is currently consolidating in a descending triangle. It has hunt all the stop losses of short positions by recent upward fast move. Now we've to wait for a sustain breakout/breakdown to confirm it's next move.
The regulator said it had received information that messages containing stock tips and other investment advice with respect to selected listed companies are being widely circulated through websites and social media platforms such as Telegram, Facebook, WhatsApp and Instagram. Oleksandra Matviichuk, a Kyiv-based lawyer and head of the Center for Civil Liberties, called Durov’s position "very weak," and urged concrete improvements. "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added. He adds: "Telegram has become my primary news source." The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off.
from jp