Tag: technical analysis

Technical analysis is a discipline where traders use different tools and indicators to try to predict or prepare for price movements of any asset. Our traders use technical analysis regularly to bring the best analysis directly to you.
Tesla tries to start uptrend despite worsening fundamentals

Tesla tries to start uptrend despite worsening fundamentals

This article discusses the electric car industry in China, the impact of the Zero Covid policy on the industry, and the challenges facing Tesla.
Salesforce dumps after CEO Taylor exits the company

Salesforce dumps after CEO Taylor exits the company

Another bad day for the Salesforce company as it approaches its cycle lows.
GBP/JPY weakens amid JPY revival

GBP/JPY weakens amid JPY revival

It looks like GBPJPY could burst out of its triangle pattern soon in another round of volatility.
Hibbett dumps after horrific earnings

Hibbett dumps after horrific earnings

A massive decline for the stock price amid worsening fundamental situation.
S&P 500 fails at 200-day average again

S&P 500 fails at 200-day average again

The new started has started on a negative note as investors exited their long positions in risky assets.
Credit Suisse drops to cycle lows as wealthy clients exit

Credit Suisse drops to cycle lows as wealthy clients exit

Another day, another news of a troubled financial institution Credit Suisse.
Best Buy flies after surprising earnings

Best Buy flies after surprising earnings

Today's massive rally in BBY might stop at the 200-day moving average after rising more than 12% on Tuesday.
Tesla falls to 2-year lows amid more software issues

Tesla falls to 2-year lows amid more software issues

It looks like the euphoric days for TSLA stock price are over for now.
Stock indices may drop again soon – here’s why

Stock indices may drop again soon – here’s why

Stock indexes recently had a relief rally in a devastating bear market. However, the downtrend may return.
JD had encouraging earnings results – what’s next?

JD had encouraging earnings results – what’s next?

JD managed to score some nice gains following the earnings report. However, the 200-day average poses a major resistance.