Archive for the ‘Equities’ Category

OSEBX in for a correction?

OSEBX in for a correction?

By Kristian Fiskerstrand | Equities

After having topped, and turned at the 76.40 fibb-level, OSEBX (Oslo Stock Exchange Benchmark) today closed below the support levels of the 45 day moving average, and doesn’t have any new clear technical support level before the 61.80-fibb and the 255 dma. Are we in for a correction of 9-10 per cent? From a technical

Technical update on the OSEBX

Technical update on the OSEBX

By Kristian Fiskerstrand | Equities, OSE

The Oslo Stock Exchange Benchmark Index is facing an interesting time ahead. Currently the technical focus is the downtrend of the RSI and resistance levels at the 50% fibonacci level around 356 points and the 45 daily moving average at 368. For support we have the 255 daily moving average around 340. All in all

Intel beats estimates

By Kristian Fiskerstrand | Equities

INTC closed 2.06% up on expectations on the earnings to be released after regular trading today. The numbers came in favorable: Intel Corp. said Tuesday that its second-quarter sales fell compared to the same quarter a year ago, but that business is picking up fast. Even as revenue declined from last year, sales figures were