December 7 2022 🕓 3 min
Is energy sector undervalued despite its massive rally?
Bulls must defend the 200-day average in order for the energy sector to remain in an uptrend.
Tag: technical analysis
December 5 2022 🕓 3 min
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.
December 2 2022 🕓 3 min
Salesforce dumps after CEO Taylor exits the company
Another bad day for the Salesforce company as it approaches its cycle lows.
December 1 2022 🕓 3 min
GBP/JPY weakens amid JPY revival
It looks like GBPJPY could burst out of its triangle pattern soon in another round of volatility.
November 29 2022 🕓 3 min
Hibbett dumps after horrific earnings
A massive decline for the stock price amid worsening fundamental situation.
November 28 2022 🕓 3 min
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.
November 24 2022 🕓 3 min
Credit Suisse drops to cycle lows as wealthy clients exit
Another day, another news of a troubled financial institution Credit Suisse.
November 23 2022 🕓 3 min
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.
November 22 2022 🕓 3 min
Tesla falls to 2-year lows amid more software issues
It looks like the euphoric days for TSLA stock price are over for now.
November 21 2022 🕓 4 min
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.
November 18 2022 🕓 3 min
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.
November 17 2022 🕓 3 min
Seagate continues to underperform, down 50% YTD
The company has suffered from a series of earnings misses and has seen its share price trending downward.