Food delivery player DoorDash stock surged by close to 40% over the last week (five trading days), trading at levels of around $107 on Monday. While tech stocks, in general, fared well over the last week, with the Nasdaq-100 soaring 9% as the Federal Reserve raised interest rates by just a... more...
Force Index Introduction The Force Index is an indicator that uses price and volume to assess the power behind a move or identify possible turning points. Developed by Alexander Elder, the Force Index was introduced in his classic book, Trading for a Living. According to Elder, there are three essential elements to a stock's price movement: direction, extent and volume. The Force Index combines all three as an oscillator that fluctuates in positive and negative territory ...
British Pound at Risk Ahead of Key Data, Trades at Critical Support Fundamental Forecast for Pound: Bearish British Pound falters as Bank of England shows no rush to raise rates Cable nears critical price levels, next move is key The British Pound pulled back further from multi-year highs as a drop in UK yields and a broader US Dollar reversal produced the second-consecutive week of GBPUSD declines. ...
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