The entire precious metals sector, including Silver, is currently of great interest, not just gold. For silver, we currently assume that we are probably nearing the end of Wave (iii), which can reach a maximum of 28.51 dollars. We are currently within our target zone for the Wave 5s, so it will likely be challenging to break through and invalidate the 461.8%...
At Fetch, it was extremely close, but our stop-loss was not triggered. So yes, you could say we were lucky; the 50% held up. We believe we have now stabilized and are expecting this rise to $3.10. That's the target for us. As mentioned, we don't expect to fall again and retest this low. However, it wouldn't be impossible to see a smaller dip before we continue to rise.
Finally, after a long wait, we got filled on Chainlink, and we entered at $12.93. This is our entry point. The entry is holding up quite well and solid so far. We still see strength in Chainlink and we do not believe that our large stop-loss will be triggered. Also, for the first time since May 2022, the RSI has fallen into the oversold area, which is another sign...
NVIDIA (NVDA): NASDAQ:NVDA In our last analysis of NVIDIA, we presented an alternative scenario. However, given NVIDIA's relentless momentum, we find ourselves needing to adjust this scenario once more. We are now inclined to believe that we are still within a subordinate Wave 3 of the overarching Wave (3), anticipating that the price must reach at least the...
In a whirlwind of market activity, MediaCo ( NASDAQ:MDIA ) stock soared by an astounding 74% today, leaving investors and analysts scrambling for explanations. The catalyst? An investor update revealing the astonishing 95.2% stake held by Standard General L.P. CEO, Soohyung Kim, in the company. As NASDAQ:MDIA shares experience heavy trading, it's imperative to...
Light Crude Oil Futures (CL): NYMEX:CL1! As mentioned in our morning briefing, oil is currently extremely interesting, partly due to increasing tensions in the Middle East and the destruction of oil reserves there as well as in Russia. Consequently, oil prices have surged significantly. We are currently at a level of $85, but we still consider it quite likely...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking above the $2100 resistance, XAUUSD surged by 5%. How high can Gold climb? The marked red circle represents a significant resistance and overbought zone as it marks the intersection of: 1- $2250 round number. 2- Upper red trendline from weekly. 3- Upper...
Viking Therapeutics (NASDAQ: NASDAQ:VKTX ) sent shockwaves through the biotech industry as it accelerated its timeline for a groundbreaking obesity treatment, propelling its stock to unprecedented heights. With the prospect of competing head-to-head with pharmaceutical giant Eli Lilly (NYSE: NYSE:LLY ), Viking's innovative approach promises a potential...
API3, the decentralized oracle project, has recently experienced a remarkable rally, with its price soaring by 100% in just 24 hours. As enthusiasts eye a $4.0 target in the near term, it's crucial to delve into the factors propelling this surge and assess whether API3 is poised for sustained growth. The Funding Rate and DWF's Market Making Loan: Renowned analyst...
The altcoins have gained significant momentum in recent days as many tokens are successfully outperforming the top cryptocurrencies of the industry. Further, top altcoins such as BONK and Internet Computer (ICP) price have added massive value to their portfolio during the past month. Further, the ICP token has added over 38% within the past 24 hours, making it...
The Gap (NYSE:GPS) jumped 14.9% in the morning session after the company reported third quarter results that blew past analysts' revenue and EPS expectations, although its revenue declined in absolute terms. These beats were driven by better-than-expected same-store sales performance (analysts forecasted a 7% decline, and Gap posted a 2% decline). In the earnings...
Fundamentals Coursera Inc (COUR, Financial), a leading player in the education industry, has seen a significant surge in its stock price over the past three months. With a current market cap of $2.8 billion and a stock price of $18.35, the company's stock price has seen a gain of 11.47% over the past three months as of November 7, 2023. However, over the past...
Key Points To Note a. Coca-Cola Co (NYSE:KO) reported a growth of 8% in net revenues, reaching $12.0 billion in Q3 2023. b. The company's operating income grew by 6%, while EPS grew by 9% to $0.71. c. Coca-Cola Co (NYSE:KO) also raised its full-year guidance based on its year-to-date performance. d. The company gained value share in total nonalcoholic...
UNH NYSE Stock: Riding High on a Bullish Run UnitedHealth Group's (UNH) stock on the NYSE is experiencing a remarkable bullish run today. The surge can be attributed to the company's impressive financial performance and its role in the healthcare sector's evolution. UNH's robust earnings, expanding healthcare services, and strategic acquisitions have garnered...
Popular cryptocurrency Shiba Inu (SHIB) overtook another popular coin, TRX, from the company TRON in the top by market capitalization from the portal CoinMarketCap. SHIB, traditionally referred to as a memecoin, showed an impressive seven-day increase in quotations by more than 40%, which helped Shiba Inu add another $2 billion to its capitalization. Thus, SHIB...
SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, crypto markets are up 2.73% as of writing. SHIB was one of the notable movers in crypto markets on Saturday, as prices rose by over 10% to start the weekend. The...
Zil surged over 50% last day, of course this will not last for long. At the time of writing, Zil is exactly on $0.043 important resistance. That’s the 1st resistance you need to look for shorts. The second one and most important is at $0.05, n’ I think that’s the max top of Zil’s pullback.
Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows. The rally comes just one day after bitcoin ( BTC ), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin. Bitcoin’s price surge reflects...