There’s no denying that we’ve seen signs of distribution, from key stocks like Apple, Inc. AAPL and Tesla Inc. TSLA breaking down to breadth conditions that have become less bullish by the week. Last ...
SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.
A possible bullish head and shoulders pattern is in the process of forming on the daily chart for Bitcoin. The right shoulder low at 60,150 is slightly above the left shoulder at 59,573, indicating ...
Technical analysis is a valuable tool sophisticated investors use to research, analyze and evaluate stocks and other securities. Technical analysis is very different from fundamental analysis.
Key Takeaways Advanced Micro Devices shares rose Tuesday morning after soaring yesterday to a 19-month high on news that the ...
The weekly summary article highlights some of our ongoing market observations, MDA stock breakout picks, zombie stocks, ETF trading, Dow picks, and long-term value selections throughout the year.
Netflix ($NFLX) recently wiped out roughly $15 billion in market value after Elon Musk urged users on X to cancel their subscriptions over what he called “woke content.” However, in this clip from ...
Bitcoin’s (BTC) price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head-and-shoulders pattern is confirmed, according to a ...
A classic BTC price chart pattern puts $170,000-$360,000 in play this cycle. Spot Bitcoin ETFs post the biggest inflows in two months as institutional demand rebounds. Bitcoin (BTC) price action has ...