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SamerHa Updated 

As for entering the year 2022, we witnessed at its beginning a rapid recovery in the price of gold and it almost recovered during its previous peak, to retreat from it later and enter into another deep bearish trend in which the gold price lost 22% of its value as it reached the bottom of the descending channel shown on the weekly chart. At the begging of...

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The chart illustrates how the Saudi stock market performed by sector in 2022, according to several indices of TADAWUL exchange: • TASI: All Share Index (-7.53%) • TBNI: Banks (-6.60%) • TMTI: Materials (-14.34%) • TTSI: Telecommunication (-11.57%) • TENI: Energy (-1.02%) • TISI: Insurance (-11.58%) • TSSI: Software & Services (+21.63%) • TRMI: Real Estate Mgmt &...

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Following a severe bearish trend since mid-November that resulted in a 40% loss, Kodak share (KODK) is currently traded within a horizontal channel. Furthermore, KODK share is traded below the short and long term EMAs. If KODK share breaks below the previous channel, as indicated by the Fibonacci circle and Fibonacci extensions, the red colored area between...

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On the four-hour chart, GBPUSD is attempting to recover the August peak by testing the resistance level at 1.21429 and breaking into the green shaded area. The fact that the GBPUSD is trading above the long-term and short-term exponential moving averages gives credibility to the breakout likelihood. Then we keep an eye on the next target of 1.24066. In the...

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On the hourly chart, Natural Gas (NATGAS) has recovered its short- and long-term EMAs. Buyers are aiming for $6.035-6.105 as primary targets, and $6.203-6.222 as a secondary bullish target. On the other hand, a break below the $5.864 level may invalidate the previous bullish hypothesis, and we will target the $5.697-5.628 and $5.549-5.492 levels.

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Nvidia (NVDA) Will report its third financial quarter results this Wednesday. A loss of $0.7 per share and 15.7% year-to-year decline in revenue expected by Zacks for the quarter. Revenue is driven mainly by the slowdown of gaming segment, disturbed supply-chain and the growing data center business. On the two-hour chart, the prior support level of $168.33 is a...

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Dogecoin (DOGE) price is now under crucial test to regain the $0.1 level. On the hourly chart, we keep an eye on the yellow shaded area, between the dynamic resistance level and EMA-200. Surpassing this area, is the key for DOGE price to continue the uptrend toward the green shaded area between $0.1007-0.1037. While breaking down below the EMA-100, may invalid...

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ContextLogic (WISH) share price does not stop recording continuous and severe losses, while WISH share is trading below the $1 level now. While the sharp bearish tone prevails on the stock, as it traded below the short and long-term exponential moving averages. Now, on the Renko chart, and taking into account the previous RSI readings, we can learn that the long...

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Kodak's share price recorded a very sharp bearish breakout after the earnings announcement, breaking bellow the short- and long-term moving averages at the same time in a very negative sign. This follows a series of gains for KODK share since mid-October. On the other hand, the KODK share price is receiving support from the levels of $4.29-4.41 (the shaded area in...

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UBER share price is going in an unclear trend in general, with many bullish and bearish price gaps, which it is soon to fill quickly, and it is currently trading at the bottom of a narrow and sharp descending channel extended since the beginning of November. On the other hand, UBER share is trading below the short and long-term exponential moving averages, in a...

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AMC's share price is on a zigzag path dominated by a sharp bearish tone in general. As the AMC share price reversed from the narrow ascending channel that extended from mid-October to the end of October, and now it continues to record its lowest levels during the current year. Meanwhile, AMC stock is trading below the short and long-term moving averages in a...

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Lucid's (LCID) share price has been moving within a narrow price range since the beginning of November (the shaded area in yellow), while LCID share has been trading with the bearish tone in general. Lucid stock is trading on both sides of the 25-day exponential moving average and below the longer-term moving averages in a negative sign on the short and medium...

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We are witnessing the DOGEUSD lowest level since its latest rally when it has reached the 0.74 level. On the hourly charts, the DOGEUSD has retreated to the 100% Fibonacci level. We see that MACD indicator indicates a bullish crossover, and the DOGEUSD has crossed the 25-hours EMA slightly. We keep an eye at the 0.0712 level. Breaching that level beside crossing...

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Bitcoin price still under heavy correctional pressure. We are almost near the 100% of Fibonacci correction level on the hourly charts. Today, we target the Bitcoin price to reach the yellow area between 288871-29400, and that conditional on trading above the 28003 level and the MACD bullish crossover. On the other side, retracting below the 27276 level, may...