Last Updated 4:00 PM EST Stock indices finished today’s trading session in the green. The S&P 500 and the Dow Jones Industrial Average gained 0.48% and 0.59%, respecti...
𝙈𝙤𝙙𝙚𝙡 𝙏𝙧𝙪𝙨𝙩:⬆⬇, level of strength indicating whether there is a positive or negative trend and behind / number of models used to obtain the percentage. It may be the case that both the uptrend POS and downtrend NEG have a high score, indicating increased vo...
For example, the price of oil had been in a steady downtrend to around $70 per barrel after peaking at around $123 in June 2022. And in 2023, oil bottomed around $70 and floated between there and $80, despite a mid-year rise to $90. After hitting about $70 per barrel in early ...
Chances are, you would sell your shares to lock in profits. So, the selling continues. During this time, other traders are buying those shares. As the stock continues to drop, a lot of those traders will start to sell their shares, realizing the downtrend is not over yet. So, the sell...
Also see Market Trends:Are 3 Months of Consolidation Ending? Some chart watchers may additionally think the index has broken a downtrend that began in mid-December. Traders may view the December 6 all-time high of 6,100 as an important level. The December 27 low of 5,933 may be considere...
OUR STUDENTS KNEW TO SELL/EXIT $ASML MONTHS AGO. 3-5 closes BELOW the Buy/Sell line signals an overall downtrend in ANY market/time frame. This valuable tool is ONLY found on the PTS Primo Charting Platform at http://ProTraderStrategies.com (All signals for student education only) Twitte...
Chances are that most of its acquisitions will happen in the US (which I’m a fan of at the moment). We also like the company’s goal of increasing its exposure to renewable energy from 2% of its assets in 2019 to 7% in 2035. The recent market downtrend offers a great entry point ...
If the short-sellers can't knock these names down today, then there could be an underlying bid on these stocks that makes them attractive buys.
At the time of publication, author had a long position in shares of APPY. This article is commentary by an independent contributor. At the time of publication, the author was long APPY. Technical AnalysisInvestingOpinionBiotechnologyStocks
Zion’s downtrend turned out to be short-lived. An improving economic outlook and the U.S. Federal Reserve's move to cut interest rates have since boosted the sector, along with Zion. In fact, Zion’s stock began its rally around October 2023, when news started spreading that it may get...