Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...
Apple Inc.'s price will shrink with market bites, it is looking for support. The support level that holds depends on portfolio managers' willingness to start buying again. The first test of support ...
The current stock rout is due to market overvaluation and Trump's harsh tariffs, with potential downside to 4100 on the S&P 500 or 410 on SPY. Historical bear markets average a 35% peak-to-trough ...
Bitcoin's 16% sell-off this month is testing a key support level at around $60,000. This support level is bolstered by Bitcoin's 200-day moving average of just under $58,000. A break below $60,000 ...
The trends of the major indexes are identifiable by examining the direction of price and, more significantly, of the moving averages. The support levels are those price areas where buyers previously ...
The SPX tested key long-term support levels last week “After the SPX’s impressive 20% rally from the early August low to an all-time high in February… there are multiple lines in the sand that could ...
Well, the hopes and dreams of the bulls have been dashed this week after Bitcoin closed the week out at $94.290, below the key $96,000 weekly support level. In the weeks ahead, we should expect more ...