Technicals Archives - Page 44 of 116

2 minute read

Bitcoin Hits $30K, Approaches 2023 Highs And Gains Nearly 100% Since 2022 Lows: How Far Can The King of Crypto Go?

June 22, 3:54 PM

At a time of excitement around artificial intelligence-related stocks, Bitcoin (CRYPTO: BTC) has made a spectacular recovery under the market’s radar, pushing past the $30,000 level and aiming to revisit the highs

BRK

2 minute read

Nvidia Stock Shows Bearish Pattern That Signals Potential Price Reversal After Hitting All-Time Highs

By Piero Cingari

June 21, 4:29 PM

NVIDIA Corp. (NASDAQ:NVDA) declined 1.74% on Wednesday, retracing somewhat after reaching new all-time highs of $440 per share…

NVDA

2 minute read

AI Frenzy Pushes S&P 500’s RSI To Most Overbought Level Since November 2021: What Does History Suggest Will Happen Next?

By Piero Cingari

June 16, 12:35 PM

The pace at which stocks have surged in recent weeks has begun to trigger a few warning signals…

SPY

1 minute read

How Has The Recent FOMC Announcement Affected The S&P ($SPX)?

By Dr. John Sinclair

June 16, 12:32 PM

The FOMC recently took the dovish-case stance at the last meeting, pausing rate hikes for now. The market acted in kind and continued to push higher. As we head into a holiday weekend with quad-witching, it will be important to see how things settle after the post-Opex move next week.

NVDA

2 minute read

Trading Strategies For Adobe Stock Before And After Q2 Earnings

By Melanie Schaffer

June 15, 3:16 PM

Adobe, Inc (NASDAQ: ABDE) opened slightly lower Thursday but bulls came in and bought the dip, causing the stock to spike higher. The company is set to print its second-quarter financial results after the markets close.

ABDE

2 minute read

AMC Entertainment Shows Short-Term Weakness, But Bullish Long-Term Trend: Analysis

By Melanie Schaffer

June 15, 11:32 AM

AMC Entertainment Holdings, Inc (NYSE: AMC) was edging slightly lower on Thursday, trading inversely to the S&P 500, which was rising about 0.4% after

AMC

2 minute read

Tesla Hits 14th Floor, Drops Lower: A Technical Analysis Of Elon Musk-Led Stock

By Melanie Schaffer

June 15, 8:40 AM

Tesla, Inc (NASDAQ: TSLA) edged over 5% higher this week but on Wednesday, the stock hit major resistance near the top of an upper gap and closed under the level, printing a hanging man candlestick to finish off the trading session.

TSLA

2 minute read

Nikola Stock Surges After Breaking Up From Bearish Trend Line: The Bull, Bear Case

By Melanie Schaffer

June 14, 3:22 PM

Nikola Corp (NASDAQ: NKLA) was surging about 22% higher Wednesday, reacting bullishly to producer price index data that came in lower than expected and the Federal Reserve’s decision to pause its rate hike cycle after raising interest

NKLA

2 minute read

SPY Climbs Higher In Lead Up To Fed Decision: This ETF Offers 3X Leverage To Upside

By Melanie Schaffer

June 14, 12:50 PM

The SPDR S&P 500 (NYSE: SPY) was edging higher Wednesday, amid the countdown to the Federal Reserve’s decision on intere

SPXL

2 minute read

A Major Breakthrough – The S&P 500’s Explosive Journey Through Crucial Resistance Levels And Towards Record-Breaking Highs

By Zaheer Anwari

June 14, 11:06 AM

The US Labor Department reported that the inflation rate for May 2023 has reached a two-year low, with a modest 0.1% rise in the consumer price index for the month. This decrease has brought the annual inflation rate to 4%.

SPY