empty
26.03.2021 04:53 AM
Buying and Selling in the Stock Market on March 26

Purchase of International Paper (#IP) shares. A paper and cardboard manufacturing company.

On the daily working scale chart, the price turned up with force from the point of coincidence of 161.8% Fibonacci level and the MACD line. The movement on February 5-12 was chosen as the base branch for the Fibonacci grid. The Marlin oscillator, after a false entry into the territory of a declining trend, abruptly went back to the growth zone. The target of the movement is the 361.8% Fibonacci level at the price of 57.85.

This image is no longer relevant

Sale of Microsoft Corporation (#MSFT) shares.

The price divergence with the Marlin oscillator is formed on the weekly scale chart. There is a strong condition for a reversal.

This image is no longer relevant

On the daily chart, the price yesterday went under the MACD indicator line with the previous reversal of the signal line of the Marlin oscillator from its own zero line. Moreover, this turn from the border is made for the second time in a row, which enhances its significance. The decline targets are determined by the Fibonacci reaction levels: 138.2% at the price of 215.90, and 161.8% at the price of 210.80.

This image is no longer relevant

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Update on US stock market on May 7. Fed's policy decision on investors' radars

S&P500 Update on US market: pullback ahead of the Fed's policy meeting Snapshot of major US stock indexes on Tuesday: Dow -1%, NASDAQ -0.9%, S&P 500 -0.8%, S&P

Jozef Kovach 11:14 2025-05-07 UTC+2

Update on US stock market on May 6, 2025

S&P500 Overview on May 6 Snapshot of key US majo stock indices on Monday: * Dow: -0.2%, * NASDAQ: -0.7%, * S&P 500: -0.6% * S&P 500 closed at 5,650

Jozef Kovach 16:47 2025-05-06 UTC+2

US stock market still growing

S&P500 Update on US stock market: uptrend still going on Snapshot of major US indices on Friday: Dow +1.4% NASDAQ +1.5% S&P 500 +1.5% S&P 500 closed at 5,686, trading

Jozef Kovach 11:28 2025-05-05 UTC+2

US market: modest but positive move

S&P 500 Summary for May 2 The US market showed a modest but steady rise. On Friday, the main US indices closed in positive territory: the Dow Jones rose

Jozef Kovach 13:38 2025-05-02 UTC+2

US stock market on May 2: S&P 500 and Nasdaq still battling volatility

US stock indices ended the previous regular session higher. The S&P 500 rose 0.63%, while the Nasdaq 100 gained 0.52%. The Dow Jones Industrial Average edged up by 0.21%

Jakub Novak 13:33 2025-05-02 UTC+2

US market: GDP shrinks, but Wall Street climbs

S&P 500 Overview for May 1 GDP contracts, but US market climbs Key US indices on Friday: Dow +0.4%, NASDAQ -0.1%, S&P 500 +0.2%, S&P 500: 5,560, trading range: 5,150–5,800

Jozef Kovach 12:19 2025-05-01 UTC+2

Stock Market for April 30th: S&P 500 and NASDAQ Continue Clinging to Any Positive News

At the close of the previous regular session, U.S. stock indices finished in positive territory. The S&P 500 rose by 0.58%, and the Nasdaq 100 gained 0.55%. The Dow Jones

Jakub Novak 11:10 2025-04-30 UTC+2

The Stock Market Rally Should Not Be Misleading

The wave pattern on the 24-hour chart of the #SPX looks generally clear. The global five-wave structure doesn't even fit into the terminal window at its smallest scale. In simple

Chin Zhao 11:17 2025-04-29 UTC+2

Stock Market for April 29th: S&P 500 and NASDAQ Still Have Growth Potential

At the close of the previous regular session, U.S. stock indices ended mixed. The S&P 500 rose by 0.06%, while the Nasdaq 100 fell by 0.10%. The Dow Jones Industrial

Jakub Novak 10:59 2025-04-29 UTC+2

Stock Market Update for April 28th: S&P 500 and NASDAQ Pause Their Advance

In the previous regular session, U.S. stock indices closed higher. The S&P 500 gained 0.74%, the Nasdaq 100 rose 1.26%, and the Dow Jones Industrial Average edged up by 0.05%

Jakub Novak 09:06 2025-04-28 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.