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Capital One’s stock (NYSE: COF) has lost approximately 27% YTD, as compared to the 20% drop in the S&P500 over the same period. The daily price is on secondary ranging within the primary bearish market condition to be lated far below Ichimoku cloud. Conclusion: bearish to be resumed or the ranging to be continuing. The daily price is on secondary ranging within the primary bearish market condition to be lated far below Ichimoku cloud. Conclusion: ...
NASDAQ stock (NASDAQ: NDAQ) has lost roughly 27% YTD as compared to the 20% drop in the S&P500 index over the same period. The daily chart is ranging near the lower border of Ichimoku cloud to be ready for the bearish condition to be resumed or the ranging bullish reversal to be started with resistance level at 160 to be a key for that. more...
The current bear market is “light relative to many seen since 1946,” analysts say. more...
The stock price of Freeport-McMoRan (NYSE: FCX) one of the largest producers of copper, has declined by about 11% over the last week (five trading days) and remains down by 17% over the last month. Weekly price broke Ichimoku cloud to below for the primary bearish reversal: the price is testing support level at 28.87 to below for the strong bearish trend to be continuing. Alternatively, the price may break 43.62 resistance to above for the bullish ...
Shares of popular stock trading app Robinhood surged higher on Monday after reports that billionaire Sam Bankman-Fried’s cryptocurrency exchange, FTX, is considering a deal to buy the company just over a month after he first disclosed a stake. more...