News

Consistent performer finds its way to new highs

Global markets were generally higher overnight as investors continue to digest quarterly earnings announcements and US President Donald Trump’s plan to slash taxes seems to be making progress.

Global markets sold off overnight as the US markets headed for their worst loss in 7 weeks with downbeat corporate earnings and contradicting signals on Republican plans for a popular retirement scheme weighing on investor sentiment.

The NZK stock is swimming upstream …

Perhaps extended over the short term, chart seems to be showing upside bias.

The downtrend is careening towards a key area of support

Global markets were slightly higher overnight as the US Dow Jones index hit another record high on the back of solid quarterly profit results from key industrials Caterpillar and 3M.  

Critical juncture for the stock as it careens towards an area of historical support. Will it hold or will all hell break loose?

IFT looks like it is approaching an interesting buyzone after grinding its way from a 3 year low