13.09.202106:04 Forex Analysis & Reviews: Buying and Selling in the Stock Market on September 13

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Purchase of shares in Starbucks Corporation (#SBUX). American coffee company and coffee shop chain.

On the weekly chart, the signal line of the Marlin Oscillator entered the zone of positive values, the weekly candlestick settled above the 200.0% Fibonacci level. The price develops above the balance and MACD indicator lines. The target of the movement is the Fibonacci level of 238.2% at the price of 129.90.

On the daily chart, the price settled above both indicator lines: balance (red) and MACD (blue). The Marlin Oscillator is moving up in the upward trend zone. The technical situation's advantage to growth.

Sale of shares of the Coca-Cola Company (#KO). Beverage maker: the price has firmly settled below the balance indicator line on the daily chart. The MACD line, which is an indicator of the direction of the trend, turns down. The Marlin Oscillator is declining in the negative zone. Downward trend. The target of the movement is the July low at 53.54.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.