Natural gas fell to $2.83, testing key retracement support at $2.75, while bearish momentum dominates; a bullish reversal could target $4.50 if sustained.
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
All three major US indexes breach their 50-day moving averages Monday. S&P 500, Nasdaq and Dow face key support levels as ...
The S&P 500 Index (SPX) has rallied over 15% off its October 2022 low. For the second time since then, it’s running right into it’s 50% retracement level. It was rejected by this level in February, ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
The 2024 Bitcoin halving may have all the conditions for an impressive bullish scenario where prices reach record all-time highs. Bitcoin’s halving event — which happens every four years or 210,000 ...
Bank of America's Corp.'s stock has how soared nearly 20% since the election, has nearly doubled off its February low, and has rocketed more than six-fold off its financial-crisis low, but it still ...
Percentage-retracement levels are yet another technical indicator useful in defining short- and long-term price trends in a security or sector. Percentage retracement levels are based upon the ...
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