Airbnb stock (NASDAQ: ABNB) has rallied by almost 25% over the last month, compared to the Nasdaq-100, which gained about 9% over the same period. The daily and weekly price is ranging around Ichimoku cloud within 161/179 support/resistance level waiting for the direction of the strong trend to be started. more...
Applied Materials Inc. stock price grew more than 4x from around $33 at 2018 end to $134 currently, driven primarily by an almost 3x jump in its P/S multiple. Additionally, a steady rise in revenues and a drop in the outstanding share count further helped boost the company’s share price.... more...
Ramki Ramakrishnan, Elliott Wave specialist, suggests a possible retest of the $200 level, but After we move to between $233 and $260. more...
The Australian Dollar rebounded sharply last week after Chinese authorities’ pledge to support the economy boosted market sentiment. A robust Australian jobs report also lifted the commodity currency. more...
In trading on Friday, shares of Microsoft crossed above their 200 day moving average of $300.84, changing hands as high as $301.00 per share. more...