May 29, 2024

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Chart Evaluation – Week Forward

Chart Evaluation – Week Forward

Check out the buying and selling thought of the week under!

 

Buying and selling Concept of the Week

(SEK – Search Ltd)

  • BULLISH BIAS
  • Key ranges on the chart – think about taking trades from key assist/resistance ranges
  • Delivered higher than anticipated income and earnings progress in FY 22, regardless of its retreat in share value
  • Anticipating to see a profit in an exceptionally tight employment market.
  • As flow-on results from fee rises begin to kick in (3-month delay often), we are going to see the unemployment fee begin to uptick, loosening the labour market.
  • If and when the unemployment fee reaches 4%, we will count on job advertisements and Search to carry out strongly as Aussies search to fill that employment hole

Chart Evaluation – Week Forward

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