Unity Software Inc. (NYSE: NYSE:U ) is undergoing a transformative journey, marked by strategic restructuring, leadership changes, and a shift in its business model. The recent announcement of a 25% reduction in its workforce, or approximately 1,800 employees, underscores the company's commitment to streamline operations and refocus on its core business. In the...
Traders Puzzled Why RBI Spends Billions Fighting Stronger Dollar Abrdn says RBI may be intervening to curb imported inflation Reserve stockpile shrank by about $17 billion in two months
Expecting the price to rebounce from the support zone to $39 area. If the price can breach the supply area, nothing will be stopping it from testing $42 area.
Throughout history, gold has been recognized as a reliable store of value. It doesn't corrode, tarnish, or decay over time, making it an enduring asset. This stability makes gold an attractive option for preserving wealth across generations. Hedge Against Inflation: Gold has often been considered a hedge against inflation. When inflation erodes the purchasing...
📊 Fed's Influence: Ally Financial (ALLY) positioned to benefit from the Federal Reserve's indication of multiple interest rate cuts in the latter half of 2024. This shift is expected to drive higher loan demand and boost net interest income. 💵 Interest Rate Dynamics: Lower rates to depositors anticipated, stimulating increased borrowing. 🔍 Strategic...
Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these...
1-hour chart, the stock is trying to beat the resistance, but still does not have enough bullish power. However, it seams it will rebound soon,and after crossing the resistance (blue line) around 104.7, the target will be 111.6 - A rising wedge chart pattern. Below support A, the next down target will be support B line. RSI is positive
OHI has broken out of an ascending wedge with bearish RSI divergence now retesting support. Look for a break of trend on smaller timeframe for entry, SL above last swing high moving SL to BE when safe to do so.
EPC has broken out of a descending wedge with bullish RSI divergence just looking for a retest of support and bounce for an entry.
In the current market environment, there are indications that suggest a potential short opportunity for the EUR/USD currency pair. It's crucial to conduct thorough research and analysis before making any trading decisions, but here are some factors to consider: Technical Analysis: Look at the recent price action and identify key resistance levels that the...
CB is currently in an ascending channel with bearish RSI divergence. Has hit resistance at top of channel just wait for break of trendline on smaller time frame, stoploss above last swing high with target at next resistance level, moving SL to BE when safe to do so.
Key Factors to Consider: Economic Indicators: Monitor key economic indicators such as GDP growth, employment data, and inflation. Positive economic data may support the upward movement of the S&P 500, while negative indicators could lead to volatility. Interest Rates: Changes in interest rates can impact the cost of borrowing and influence investor behavior....
LONG 620 TP Long Position: Adobe has consistently demonstrated strong financial performance, driven by its leading position in the creative software and digital experience markets. The company's subscription-based model provides a reliable revenue stream, and its innovative product portfolio continues to attract a wide user base. Key Points: Earnings Growth:...
Fiserv has retreated a little since last Thursday. We now consider the high of the turquoise-colored wave B to be in place and expect a sell-off to below $120 in order to complete the magenta-colored wave (E). A drop below the $130.74 mark should provide important downward momentum along the way. However, the 30% probable alternative still needs to be considered....
Fedex miss earnings Big Bounce expected !! We are trading here a BIG GAP Patience is requiered !! One or two WEEKS TP 280 SL 210 CAFE CITY STUDIO 2024
Navigating the Matrix: The US Economy's Fractal Future Unveiled In the intricate dance between mathematical laws, global events, and the echoes of a 15-year financial cycle , the US economy stands at a crossroads. As financial analysts, we often find ourselves immersed in technical tools, resistance zones, and support levels, but perhaps it's time to step back...
NYSE:FVRR has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The price has reacted back after meeting the threshold at 21.72 after the break of the head and shoulders formation. A significant penetation of $26.73 will again give new...
Smartsheet (NYSE: NYSE:SMAR ) had its price target lifted by BMO Capital Markets from $50.00 to $52.00 in a research report report published on Friday morning, MarketBeat.com reports. The brokerage currently has an outperform rating on the stock. Several other equities research analysts have also recently weighed in on SMAR. KeyCorp upped their target price on...