AngelAlgo

AngelAlgo Sep 3, 2021

What is a Technical Indicator? The purpose of a technical indicator is to give signals to traders: when to buy or when to sell an asset and this is done based on the price or volume. For future contracts, open interest rates are used to forecast market trends. A technical indicator is included in the technical analysis and is used by those that use technical...

AngelAlgo Aug 1, 2021

In order to make it on green in the trading area, you need a lot of skills or a mind "all over the place". You will need to analyze a lot of data like profit, earnings, market share, and competition in order to see how the stock will go. Numbers are an important part of the game. However, an even bigger part of the game is the "emotional" part, or how you handle...

AngelAlgo Jul 16, 2021

Candlesticks are a way to express visually the size of the price movement. There are different colors used for the candlesticks, but in pairs of 2: one color for an uptrend (usually marked in green) and one for a downtrend (usually marked in red). Candlesticks are placed in graphics and by their movements create patterns. Starting from those patterns traders...

AngelAlgo May 25, 2021

AMC's U.S. prospects heading into the Memorial Day weekend are also looking brighter, with domestic coronavirus cases falling and vaccinations rising. AMC shares gained last Tuesday alongside other meme stocks as day traders renewed their bets on shares of companies they feel they can collectively move higher. On May 13, AMC said it completed an offering of 43...

AngelAlgo May 6, 2021

Dogecoin was created as a joke, but is it something to be laughing about now? Dogecoin rose by 36% in value compared to where it was on Monday, May 3, which contributed to a 95% rise over the entire week, Forbes reports. The meme-based cryptocurrency was valued at $69 billion, which made it “worth more than gaming company Nintendo, car maker Mitsubishi and bank...

AngelAlgo May 3, 2021

The Ethereum price surged to a record high as the market reacts to the surge in demand for the digital currency. ETH rose to an all-time high of $3,070, meaning that it has gained by more than 320% this year and by more than 1,400% in the past 12 months. Its market capitalization has also surged to more than $353 billion, according to data compiled by...