The 7-week decline of -23% in WTI crude oil has started to stabilize in the last two days. The recent rebound of +8% from last Friday, 17 November low has been driven by anticipation of an extension of oil supply cuts into 2024 by OPEC+. Watch the US$75.60 key short-term support in WTI crude oil. […]
The post WTI Oil Technical: Recent Plunge Seems to Have Found a Floor ahead of OPEC+ appeared first on Action Forex.
Norwegian Cruise Line Holdings (NCLH) is losing investor confidence as Morgan Stanley cuts its price target, and the stock has dropped 21% this year. Weaker booking momentum, pricing friction in key itineraries, and commercial execution Read more…
Twilio (TWLO) just held its annual SIGNAL customer conference. Bank of America Securities sent two analysts. They came back more convinced than before. That conviction now has a price attached to it: $225. And the Read more…
Nonfarm payrolls rose by 115k in April, down from March’s gain of 185k but ahead of the consensus forecast calling for a smaller print of 65k. Revisions to the two prior months subtracted a total Read more…