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Trading ideas for Nestle SA (SIX) 08.06.2020

The stock is trading in the range of the support level of 101.67. Bullish divergence has formed on the Awesome Oscillator, and Stochastic Oscillator signals oversoldness. Buy after the downward construction is completed after the breakout of the inclined channel.

Trading recommendations:

Buy when an ascending wave pattern is …

USDJPY analysis 08.06.2020

The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, to witness its bounce for the second session from the top since March 26 against the Japanese yen, following developments and economic data that it announced today, Monday, on the Japanese economy and …

Trading ideas for GOOGLE (Alphabet Inc.) 05.06.2020

Stock markets show a confident recovery after the strong fall. The overall trend is upward. At the end of the trading session, the "hammer" reversal pattern has formed. Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy above 1415.0.

Stop loss: 1405.60.

Target levels: 1423.0; 1440.0.

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