Daily Stock Update Report 22-02-2022


With significant volume, the stock has broken over the trend line and the monthly pivot R1 level. The fact that the RSI and MACD are both showing a positive crossover indicates that momentum is likely to escalate.

The market has been swinging like a pendulum in recent trading sessions as news of the Russia-Ukraine conflict is on and off. As a result, the stock may come to a halt before continuing its upward path.

Weekly Market Research Report 07-09-19 (Kagi Chart)

Are you a new Trader or Investor? Spider Research is a program initiated by the Spider Software to provide free Stock Market Education with our Weekly Research Articles

Kagi Chart: A Kagi chart is created by a series of vertical lines which depict price movement. These vertical lines are connected by a horizontal line. A Kagi

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