- Buoyed by a strong session amid an uptrend, ASE Technology is 7 cents away from testing key resistance at $6.54
- The lower Bollinger Band® is currently at $4.72 while the higher band is at $6.85
As the trading day comes to an end, chart analysis indicates ASE Technology Holding Co., Ltd.'s recent run now faces a major challenge as concentrated supply is likely found at $6.54 with price action currently 7 cents away.
Around $113.78, DTE Energy can look to establish a new bullish phase beyond its 10 day Simple Moving Average. DTE Energy's bearish trend is facing a possible turning point at $112.09, which is only $1.65 away. Will be interesting to follow.
Despite muted price action in DTE Energy, chart analysis indicates it is positioned for a bullish run in the short term.
Despite this, Lockheed Martin's run now faces a challenge at $482.75, which is only $1.1 away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
Fundamental indicators – United States Crude Oil Inventories released earlier showed a marked improvement to -3.69 million from the preceding data of -5.4 million, but fell short of the -1 million figure forecast by a consensus of market analysts.