Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. On November 24, the index rallied to level 22500. The market has been consolidating below the resistance since November 24. The uptrend will resume if the bulls break the current resistance. Daily Chart […]
IiNdawo eziPhambili zokuNchasa: 24000, 25000, 26000Imimandla yeNkxaso ePhambili: 22000, 21000, 20000 Italy 40 ikwi-uptrend. Isalathisi saphule amanqanaba oluhlu. Ifikelele kwinqanaba eliphezulu elitsha le-22400 ngaphambi kokuhlehla. Isalathiso siphinde saqala phezulu ukuya kwinqanaba lokuvavanya kwakhona i-22400. Isantya se-bullish siya kuqhubeka ukuba ixabiso liyaphula i- […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index has risen since October 29. A retraced candle body tested the 88.6 Fibonacci retracement level. This implies that the index will rise to level 1.1129 Fibonacci extension level. The price will […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index has risen since October 29. The price has broken above the SMAs and the resistance at level 19900. This guarantees the resumption of an upward move. The price also broke the […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index plunged to level 17710 and resumed the uptrend. The uptrend was a strong bounce above that made the price rally above level 20810. The recent rally has breached many resistance levels […]
IiNdawo eziPhambili zokuNchasa: 24000, 25000, 26000Imimandla yeNkxaso ePhambili: 22000, 21000, 20000 Italy 40 (ITA40) Ixesha elide iTrend: BullishItaly 40 ikwi-uptrend. Isalathiso sawela kwinqanaba le-17820 kwaye saphinda saqalisa i-uptrend. Ngo-Oktobha i-12 uptrend, i-candle body retraced ivavanye i-38.2 ye-Fibonacci yokubuyisela inqanaba. Oku kuthetha ukuba imakethi iya kunyuka kwaye ifikelele […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BearishItaly 40 is in a downward move. The index is falling and approaching the lower price range. A break below level 18200 will ensure further downward movement of the index. The price has fallen to level 18615 at the […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is in a sideways move between levels 19000 and 21000. ITA40 has been fluctuating since June. The price is now consolidating in the middle of the price range. The range-bound levels are yet to be broken. Daily […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is still in a sideways trend. Presently, the index is in the middle of the price range. The lower price range is intact as price resumes. In the meantime, it is consolidating between levels 18200 and 21000. […]
