Cisco Is Holding Multi-Decade Support: Chart Analysis
Cisco Systems has gone nowhere for three years, but now the tech stock may be showing signs of life.
Tesla Is Lagging as ‘Old Economy’ Stocks Make a Comeback
Tesla is probably the most prominent stock in the last 12-18 months, surging about 2,000 percent from its peak to trough. But...
American Tower: Old Resistance, New Support at Key Line?
American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector.
It’s been...
Major Cryptocurrencies Form Hammer Pattern
Summary
Cybercriminals hack KuCoin Crypto ExchangeBitcoin (BTC) and Ethereum (ETH) continue to consolidate recent gains.Precious metals underperform major cryptocurrencies...
S&P Tests Support Dating Back to the Global Financial Crisis
There is a famous quote on wall street that “The trend is your friend”. Regardless of the timeframe, technical traders can gain...
Monex Crypto Market Weekly: April 3
This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is...
Can This Tech Giant Hold Support?
Big Tech has seen its share of volatility in the last week. Now as the waves of panic recede, a value opportunity may have...
All eyes on the trend line
The S&P 500 just had its biggest gain in over three weeks. Now, as the second quarter ends, traders might want to keep their...
Traders, keep an eye on oil
Oil is in the news today with crude futures at a potentially key level.
The main item came this morning from the U.S. State Department,...
How stocks may be signaling slower growth
Even before today's market tumble, stocks seemed to be dismissing good economic news.
Most of the U.S. numbers, after all, have impressed recently. Measures of...