AbbVie Inc. ( NYSE:ABBV ) struggles with declining sales volumes of its blockbuster arthritis drug, Humira. Despite a positive outlook for its newer immunology treatments, Skyrizi and Rinvoq, concerns over the impact of biosimilar competition and shifting patient preferences have cast a shadow over the pharmaceutical giant's performance, leading to a dip in its...
Hello Everyone, Brent represents a comprehensive buy opportunity at this particular juncture, with further potential upside anticipated in the near future! TradeWithTheTrend3344
FX:EURUSD moved higher after breaking a previous daily high. It is heading towards the next key resistance, where we had an impulse movement two weeks ago. The price will most likely bounce off the resistance if we get a rejection candle, which will indicate a liquidity grab above the PDH. Generally, the market is at the 50% retracement level of the massive...
BINANCE:BTCUSDT market overall is moving sideways. On the dialy timeframe, the market formed an engulding candle. I think the market might push down to these support levels. The support zone at 60000 and 61000 has held price for a long time. I think the market may move lower because, if you look at the price action, you can see that the market is pulling back,...
In markets there are Bullish and Bearish cycles. These cycles can be further divided down into phases. These phases include distribution and accumulation phases. Today when we look at the 4-Hour Renko Brick chart we can identify something quite interesting. At the same time that price has rejected the 4.236 Fib (Measured from the 2017 high to its following bear...
How to play ⏯️ Solana strategy in the current range? Long at Support zone Short at resistance Right now it's looking more 🐻 bearish and price is likely heading to the support zone
Hello Everyone, The NAS100 appears to have found support slightly above its weekly support level and is now approaching monthly support. It's crucial to observe whether 17877.066 acts as a resistance or if the price manages to find support and continues its upward trajectory. Despite a notable presence of sellers, the long-term outlook for NAS100 remains...
Hello Everyone, The XRP/USD pair is gradually shifting towards a bullish trajectory, with confirmation from the weekly pivot point (PP). The upcoming test of the daily pivot point as potential support will be crucial in validating this trend. Presently, the overall outlook appears promising. TradeWithTheTrend3344
Hey Everyone, Another great day on the charts today buying dips from our Goldturn levels with plenty of opportunity to milk the range. After tracking and trading the movement level to level all week using our cross and lock confirmation, yesterday we stated that we will now need a body close above 2326 to open retest to 2354. - We got the close above 2326 and...
Hello Everyone, LTC/USD holding above the 1-year, 1-week, and 1-day Pivot Points signals a bullish trend and suggests potential for further upward movement! TradeWithTheTrend3344
Hello Everyone, DASH/USD is currently maintaining its position strongly above the weekly Pivot Point (PP), indicating resilience. To solidify further bullish sentiment, it's crucial for the price to establish stability above the daily Pivot Point (PP) as well. A secure entry opportunity arises when the price settles within the monthly support framework,...
By combining diligent research, proactive risk management, and a focus on long-term value, you can navigate the volatility surrounding Mara mining stock and potentially capitalize on the anticipated BTC halving event.
Hello Everyone, Long-term prospects for BCH/USD appear favorable, with 460.946 serving as a robust 1M support level. Any potential breach of this level could prompt additional testing of support. However, overall, the enduring trend suggests a solid bullish trajectory in the long run. TradeWithTheTrend3344
Snap Inc. ( NYSE:SNAP ) sent shockwaves through the market with a stunning 29% surge in its stock price following an impressive earnings report that far exceeded expectations. The parent company of Snapchat reported robust revenue growth and a significant acceleration in its advertising business, catapulting investor confidence and reigniting bullish sentiments...
End of day update from us here at KOG: Gold, order to order, played into the lows, from the lows wanting the 2350-55 level and we got it. Now, support stands at 2330 which is being attacked which will determine where we close. Unless we bounce and get a late session move, resistance now stands at 2345 with the potential to close here and range. Longs with...
Hello Everyone, There hasn't been significant change in the status of the ETH/USD pair since last week. Long-term, it remains a strong buy. What we require now is a consistent, stable position above the weekly pivot point (PP), and ideally, surpassing the daily PP as well. It's worth noting the significant monthly support at around 3075.471, so it's crucial for...
Exxon Mobil ( NYSE:XOM ) and Chevron ( NYSE:CVX ) stocks fall on first-quarter earnings Reports. The first quarter of 2024 has brought forth a flurry of developments, shedding light on the complex dynamics shaping the future of these energy behemoths. Earnings Woes Amidst Market Headwinds Both Exxon ( NYSE:XOM ) and Chevron reported disappointing first-quarter...
Hello Everyone, The recommendation for BTC/USD remains bullish, with the current price hovering around robust monthly support at 63,252.91. Despite ongoing selling pressure, the focus is on maintaining this key support level to pave the way for a bullish confirmation and subsequent price increase. TradeWithTheTrend3344