Will CVS Health Corp. Sustain on Higher Levels After A Sharp Rally?

Source: ranjith ravindran, Shutterstock Summary CVS Health Corp. made a new lifetime high and delivered a return of ~39.50 percent in the past six months. CVS Stock prices are trading in a rectangle channel formation on the daily chart. The s...

Sugar Prices Ripe to Jump out of Bear Grip?

ping trendline at US$398.80 that might provide upside potential for the commodity. The ICE white sugar number 5 prices have witnessed sharp downside movement by 7.71% to US$ 420 per ton in March 2021 compared to US$ 455.1 per ton in February 202...

New Upside Rally for PVH Corporation on the Cards?

Source: Daniel Fung, Shutterstock Summary PVH Corp. (NYSE: PVH) prices almost quadruple in the 8 months (from March 2020 to January 2021) and made a new 52-week high. On the daily time frame chart, PVH Corp. prices are forming ascending triang...

Wheat Futures taking a breather?

Source:sutadimages, Shutterstock Summary Global production of Wheat hit record levels in March 2021 thanks to bumper crop in Australia. Wheat Futures prices soared during June 2020 to January 2021 and witnessed a gain of ~48 percent. Despite ...

Will JPMorgan Continue to Soar?

Source: pcruciatti, Shutterstock Summary JPMorgan Chase & Co. (NYSE: JPM) hit a new lifetime high and delivered a return of ~27 percent in the last three months. JPM Stock prices are trading in a rectangle channel formation on the daily ch...

ICE Cotton prices in a correction mode, more pain to continue?

Source:Agnes Kantaruk, Shutterstock Summary Global production of Cotton is expected to rise by ~4.70 percent in 2021/22. Global consumption of cotton has increased by ~14.48 percent in 2020/21. The prices are sustaining above an upward slopin...

Will CBOT soybean price continue to soar or cool off?

year high, however, RSI (14-period) is trading in the overbought zone. CBOT Soybean price has soared on strong demand from China and growing demand for soybean crush in Brazil and the United States. The world’s soybean import increased to ...

How are battery metals Lead and Zinc poised on charts

ne in January 2021 and since then trading below the breakout level. Lead Futures (SHFE: SPBc1) prices are trading above an upward sloping trend line (orange color line in the below chart) for the past 1 year, indicating an uptrend for the commod...

Nickel prices are under pressure after a steep rally, what are the charts indicating?

Source:Evgeny_V, Shutterstock Summary Recent fall in SHFE Nickel price backed by demand concerns arising due to slow economic recovery from the pandemic. SHFE Nickel has broken the rising channel support on the daily chart. Now, the Nickel pr...

Are Gold and Silver Losing shine?

Source: Olivier Le Moal, Shutterstock Summary Gold gave its first quarterly negative returns since September 2018. The rising bond yields & strengthening of the US dollar acting as a primary catalyst for the decline in precious metals...