TOP 5 STOCKS TO WATCHOUT:-


1. #ALIBABA- Technology giant Alibaba Group Holding Ltd has facial recognition technology which can specifically pick out members of China's Uighur minority, surveillance industry researcher IPVM said in a report.
The report comes as human rights groups accuse China of forcing over 1 million Muslim Uighurs into labour camps, and call out firms suspected of complicity.
China has repeatedly denied forcing anyone into what it has called vocational training centres, and has also said the region of Xinjiang is under threat from Islamist militants.
Still, sensitivities have prompted caution among Chinese internet firms which often self-censor to avoid running afoul of a government which strictly controls online speech, and which last month published draft rules to police live streaming.


2. #TWITTER-Twitter Inc is reversing changes made to its retweet function intended to curb the spread of misinformation during the U.S. presidential election, the company said.
The microblogging site had in October made it difficult for users to retweet a tweet with misinformation and promoted the use of quote tweets, which included commentary from the user.
It had also imposed curbs including labeling and removal of tweets calling for people to interfere with the election process or implementation of results.
Twitter said it will no longer prompt quote tweets from the retweet icon. "Retweet functionality will be returning to the way it was before," the company said in a statement on Wednesday.
3. #UBER-A group of British Uber drivers took their employer to court in the Netherlands on Wednesday in a bid to get access to data the company collects about them.
The drivers say Uber determines the allocation of available rides and their fares based on information about their performance, behaviour and other personal traits it gathers through the app they have to use to do their job.
They demand full access to this information and the working of Uber's algorithms, as they say it ultimately decides how much money they earn and how they could do better.

4. #IBM:- International Business Machines Corp said on Wednesday Chief Executive Officer Arvind Krishna would take over as chairman from Jan. 1, replacing Ginni Rometty, who stepped down as its long-time CEO earlier this year.
Rometty, who was the tech pioneer's first woman CEO, would occasionally be asked to act as an independent contractor after her retirement, IBM said.
Before assuming the role of CEO in April, Krishna was head of IBM's cloud business and has been with the company since 1990.

5. #GOOGLE:-Staff on Google's Ethical AI research team on Wednesday demanded the company sideline a vice president and commit to greater academic freedom, escalating a confrontation with management following this month's termination of scientist Timnit Gebru.
The personnel called on Vice President Megan Kacholia to be removed from the team's management chain after she allegedly excluded Gebru's boss from the decision to fire her, according to an internal document seen by Reuters.
Gebru had questioned Google's demand for her to retract a paper describing harms from Google-like technology, and the company answered by saying it accepted her resignation.
The document also demanded an explanation of the dismissal, transparency into reviews of staff papers, and an investigation into how Google handles employee complaints about working conditions, like those Gebru raised while at the company.

Asian Stocks Up, Mostly Unperturbed by Chaos in Washington D.C.
Asia Pacific stocks were mostly up on Thursday morning, with a Democrat sweep in U.S. Senate runoff elections in Georgia seeming to override a tumultuous Wednesday in Washington D.C.
Japan’s Nikkei225 rose 1.84% by 9:51 PM ET (2:51 AM GMT). Japan is set to declare a fresh state of emergency for Tokyo and the neighboring Saitama, Kanagawa and Chiba prefectures later in the day. The state of emergency, which will take effect on Friday, is set to last until Feb. 7.
South Korea’s KOSPI jumped 2.20%.
In Australia, the #ASX 200 gained 1.76%. Prime Minister Scott Morrison said that the national cabinet will meet on Friday, a month ahead of schedule.
Hong Kong’s Hang Seng Index inched down 0.02%.
China’s Shanghai Composite edged up 0.17% while the Shenzhen Component was down 0.39%. Reports that the U.S. is considering adding #Alibaba Group Holding Ltd and #Tencent Holdings Ltd to a blacklist of Chinese companies allegedly owned or controlled by the Chinese military continue to ramp up tensions with China.

Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 0.34 % to 3,538.49. Hong Kong’s #Hang Seng Index was down about 0.41% to 27,575.50.

Japan's benchmark Nikkei average. #Nikkei 225 is trading up 1.48 percent at 27,456. on Thursday, while the broader #TOPIX 100 rose 1.78 percent to 1,188.61. South Korea’s Kospi was up by 2.47% to 3041.14.





#KOSPI


Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 81.892 2963.64 2816.63 2633.47 U=3002.1024
M=2816.6350
L=2631.1676 %K=95.9469
%D=92.3282
Comment Over-Brought Zone zone Price Below the moving average Price Above the moving average Price Above the moving average Price is Above UB
Price is Above MB
Price is above LB Crossover to the Upside
Trend Over - Brought Bullish Bullish Bullish Bullish Bullish
Special
Notes The market is expected to move into Positive Territory. All the Moving Averages are below the price. The RSI suggests the market move on the Positive side.

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TRADE SIGNAL AS ON 17-02-2021

#USDMXN
BUY=20.175
TARGET=20.2545
SL=20.110

#BRENT CRUDE OIL
BUY=63.47
TARGET=65.85
SL=60.11

#ALIBABA GROUP HOLDING Ltd.
BUY=270.76
TARGET=279.16
SL=265.76

#ETHEREUM
SELL=1749.30
TARGET=1686.91
SL=1834.89

#NASDAQ 100
SELL=13759.99
TARGET=13633.59
SL=13898.74

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