The price is super bearish for EUR/USD. A dramatic fall yesterday proved that the bears have the full control of the situation. But before falling even deeper down, some corrections are needed. Therefore, we are first buying and aiming for the previous support turned resistance, which aligns with 0.5 fib retracement level. Afterwards, we will sell from that area...
PLUG is arguably the leader of hydrogen fuel cell company. However, there are several concerns that need to be addressed. #1. Hydrogen clean energy is still at the proof-of-concept stage and the natural gas industry seems to be its biggest advocate. Hydrogen gas is emission-free only if it's made by electrolysis from renewable energy. #2. Currently, major...
The market is currently at a strong area of resistance which closed with a shooting start candlestick formation and has tested the area multiple times in the past 24 hours which is a good indication that the market could possibly turn around. The MACD shows along with the ADX and DI show that the bullish trend has weakened coupled with it being on a 61.8%...
So much for the premature announcement for the return of value stocks. Besides industrials and utilities sectors, the pecking order remains the same in Sept. NDX has recouped a big chuck of its loss since early Sept and seemed to have shrugged off other recent negative news.
ISRG has roughly 80% of market share in RAS systems. Surgical robotics is a lucrative industry and will only become bigger as 5G and AI technology mature.
After the massive distribution and deep correction ended at fib 61.8 and EMA 200, it seems that LINK's buying pressure has returned. I expect another re-test in the demand zone after the price reaches the supply zone because BTC is still short-term to mid-term bearish.
Hi guys! Hope you will find this idea useful, take a look at the price action when it reached Fibonacci 0.618 level, pretty damn interesting right?
Swipe (SXP) is the crypto card provider offers services in more than 30 countries, including Spain, France, and Germany, competing against crypto.com and Coinbase in the crypto cards market. On Aug.18, it received the regulatory approval to enter the U.S market. Still has more room to fall on the daily timeframe. Facing the resistance on the 4hr timeframe.