Daily Market Analysis 21.02.2024: US100

Instrument:  US100+

Bullish Preference:   
A Buy position is envisaged if the price trades above 17596.23  With Take profit at 17631.46
Bearish Preference:   
A Sell position is envisaged if the price trades below 17523.80  with Take profit at 17494.61
USD  FOMC Meeting Minutes 8:00pm

In the lead-up to Nvidia (NASDAQ:NVDA) eagerly anticipated earnings announcement, big tech stocks, including Nvidia, have experienced a downturn. Nvidia, which has seen its value more than triple in 2023, faces high expectations, particularly in its data center business, buoyed by soaring demand and its collaboration with major tech players like Meta Platforms Inc (NASDAQ:META). and Tesla (NASDAQ:TSLA) Inc.

Analysis: SCRUM Team

Leave a Comment

Your email address will not be published.

Free Online Class
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Wishlist 0
Open wishlist page Continue shopping