Ford's chart is showing bullish divergence as the stock price decreased but the RSI and MACD have increased. This suggests that the stock may have bottomed out and is poised for a rebound. Ford has a positive growth catalyst with its electric vehicle line-up: F-150 Lightning, Mustang Mach E, and E-Transit van. The company also produces hybrids. The EVs and...
Meta Platforms took a big hit after earnings. Earnings estimates were lowered for 2022 over the past 90 days. However, the valuation is now attractive and the stock is oversold. Ultimately, a positive catalyst is needed to prevent the stock from underperforming and to start a new uptrend. This may take some time since investors will want to see the new efforts for...
Although Ethereum's price has been making lower lows on the 1 hr. chart, the RSI has been making higher lows. This is positive divergence and suggests a possible reversal to the upside. If the price moves above the 4050 area, it may head towards 4200 to 4300.