Uber is the market leader in the fast-growing “ride sharing” economy. A sector that we believe will continue to grow strongly, even when the economy slows down. In the event of an economic slowdown or recession, people will only look more for cheaper alternatives, such as Uber. A restart of the aviation sector will give a significant boost to Uber's business...
Tesla is turning profit for the fifth quarter in a row. The American electric car manufacturer Tesla is "hot". Elon Musk's company has already been making a profit for the fifth consecutive quarter. It thus beats the expectations of analysts and market experts. After the publication of the quarterly report, the future of the stock jumped 3 percent. In other words,...
EUR/AUD Watch for a retest of prior resistance on a pullback, it could offer a low risk entry for would-be longs. A breakdown back below 16500 will bring the breakout into question and put price back inside the range it had been suck in since June, and on that a neutral stance is likely warranted.
Global stock markets have been on the rise since the bottom of March. During the past months, various stock markets even managed to rise to new records. Still, the question is whether this fair party will last for a long time. After all, the year 2021 could throw a spanner in the works. In less than two weeks, we will know if Joe Biden succeeds in overthrowing...
Taking a long position on Ocado. British online grocery store Ocado $OCDO.L (Ocado Group PLC) announced a new partnership with Japan’s biggest supermarket chain, Aeon.
Fastly finds support in this area....stoploss 74
As we mentioned earlier EURSUSD started the uptrend to 1.2500. We are holding long positions, stoploss 1.5400
The oil market has been hit hard in recent months. The corona crisis had a major impact on this vulnerable market. Several oil companies have already filed for bankruptcy. The other remaining listed oil companies are moving around their record lows on the stock exchange. Is some light already visible at the end of the tunnel? The corona crisis ensured that...
Adobe is in an uptrend. And since the summer we have seen consolidation taking place for the stock. Now there has been an upward breakout with some consolidation right after that. We see that as a back test. We therefore expect higher prices. $ 520 is our first price target for Adobe.
Measured on a weekly basis, the German stock market lost ground during the past week. During Thursday's trading session in particular, the DAX index faced a significant decline. If we look at the graph, we can conclude that the moment of truth has come for the German stock market. During Thursday's trading session, the German stock market was faced with a decline...
Goldman Sachs is expecting a further rise at EUR/USD October 15, 2020 According to Goldman Sachs analysts, the EUR/USD will continue to rise in price in the coming years. In the short term, however, the euro bulls have to take the necessary headwind. The US investment bank's target price for the year 2021 is around $ 1.25. Everyone is under the spell of the US...
Tesla investor Ron Baron expects exponential growth for Elon Musk’s car company and SpaceX... www.cnbc.com Hold long positions above the daily SMA!
Silver has found support here starting a new uptrend toward 34, 35
GOLD perfectly bounced off the 0.236 fibonacci level and remains bullish!
New upward trend started in Bitcoin? During the past trading days, Bitcoin managed to rise above the USD 11,000. With that, the largest digital currency in the world seems to be setting up a new important soil. It seems that a new upward trend has started in Bitcoin. The crypto market is still one of the favorite markets of many investors. It is precisely at...