Strong Buy for The Carmakers Across the Globe

Apple still stay below the up trendline, which is not really encouraging to any purchases.

British American Tobacco tests the lower line of the symmetric triangle pattern.

Royal Dutch Shell rises, thanks to the higher oil prices.

Rolls-Royce calmly rests on an important, horizontal support.

BMW aims higher with a very strong buy signal.

Porsche, on the other hand, is waiting for a proper signal. Breakout of the dynamic resistance will give us a buy signal and a break out of the horizontal support will give us a signal to sell.

Ferrari is above the horizontal support and upper line of the wedge, which is really optimistic.

Bayer tests the neckline of the iH&S formation but from the top!

Siemens continues the drop after the false bullish breakout and the breakout of the major up trendline.

Allianz stays above major supports with a very promising buy signal.

For a look at all of today’s economic events, check out our economic calendar.

The Hottest Stocks On The Market Right Now

Stocks are back at all-time highs so the party goes on!

AMD bounces off the 38,2%  Fibonacci and aims higher again.

Autodesk climbs up after a short break inside of the flag.

Activision Blizzard is still below crucial horizontal resistance.

Equinix escapes from the symmetric triangle to the upside.

3M does the same but to the downside.

Same with British American Tobacco.

T-Mobile patiently waits for the buy signal inside of the wedge pattern.

Same for Royal Dutch Shell, but in this case, we’re in the triangle/rectangle.

Rolls-Royce climbs higher after the breakout of the crucial horizontal resistance.

For a look at all of today’s economic events, check out our economic calendar.

British American Tobacco First-half Sales Beat Estimates on Strong Demand for E-cigarettes

Total adjusted revenue came in at 12.18 billion pounds ($16.90 billion) for the six months ended June 30, ahead of the 12.02 billion pounds analysts had expected, according to a company-supplied estimate.

The company also kept its full-year forecast for over 5% sales growth in constant currency terms.

The London-listed company said it added 2.6 million more customers in the first half, bringing its total user base of non-combustible products to 16.1 million, a new record.

Adjusted earnings per share for the first half came in at 154.2 pence, ahead of the 151.5 pence average estimate.

The Vuse e-cigarettes and glo tobacco heating products maker also stuck to growth expectation for constant currency adjusted earnings per share in the mid-single digit range for the full-year.

($1 = 0.7209 pounds)

(Reporting by Siddharth Cavale in Bengaluru; Editing by Sriraj Kalluvila)