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In terms of price action, the stock is now trading well above most of the crucial short- and long-term moving averages such as 5,10,30,50,100 and 200-DMA on the daily charts which is a positive sign for the bulls. The daily Relative Strength Index (RSI) is at 66.9. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. The daily MACD is above its center and signal Line, this is a bullish indicator.

Oil prices are up around 7% from last weeks lows as speculation mounts over further cuts by OPEC+ who meet later this month. Immediate resistance poses a hurdle but overall sentiment may prove to strong.

US Indices have run into resistance but with a spate of earnings after market close can the rally continue?

US Indices have put in excellent gains this week but face a host of technical challenges ahead. Can Apple earnings and US Jobs data facilitate a clean break of the confluences area ahead?

Oil prices failed to maintain yesterday's bullish momentum as markets anticipate a drop in demand in Q4 from both the US and Europe. Is WTI finally heading back to the 80.00 mark?