The vicious tech sell-off this year has hit the once high-flying FAANG stocks (Meta, Apple, Amazon, Netflix and Alphabet) particularly hard, but also created a buying opportunity for investors looking to snap up shares of these Big Tech companies at more attractive valuations, several experts argue. The weekly chart of Netflix stock broke 200 SMA to below for the bearish breakdown: the chart is trying to cross 210 support level to below ...
For the full year 2022, Sirius expects self-pay net subscriber additions of approximately 500,000, total revenue of approximately $9 billion, adjusted EBITDA of $2.8 billion, and free cash flow of over $1.6 billion. Intra-day (H4) price broke 200-SMA to below for the primary bearish reversal: the price is trying to break the bearish triangle pattern with 5.95 support level to below for the bearish trend to be continuing. By the way, the Stochastic ...
"Tesla shareholders can’t be happy" about the Twitter deal potentially diverting Elon Musk's attention, one analyst says. Intra-day chart is on bearish breakdown by breaking 875 support level to below for the strong bearish trend to be continuing. Besides, the breakdown with possible bearish reversal is already started for the daily price. more...
If you look at the change over the last five and ten days, too, the stock has lost -7.9% and -9.4% respectively, underperforming the broader markets on both occasions. Daily price is on secondary correction within the primary bullish trend: the price was bounced from 357 resistance level to below for 303 support level to be tested to below for the possible daily bearish reversal to be started. Alternatively, the price will be on bullish ...
The company posted better than expected results in the first quarter of FY2022 (FY ends on Friday closest to November 30), with revenues increasing 9% y-o-y to $4.2 billion. The daily price is located below Ichimoku cloud in the bearish area of the chart. The price is breaking 408 support level to below for the strong primary bearish trend to be continuing. more...