NYSE Market News

Annual forecast for World Wrestling Entertainment (2021)

Jul 10 2021 @ 13:15
World Wrestling Entertainment stock (NYSE:WWE) gapped massively upwards in June 2021, but began to come down afterwards. A continuation of this downward movement can signal a clear bearish signal. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at […]

Annual forecast for Chevron (2021)

Jul 03 2021 @ 07:56
Chevron Corporation shares (NYSE:CVX) are ranging in the long-term and trading upwards in the short-term. The market survived a flash crash that happened in the middle of this month and has become bullish in the short-term. The ADX period 14 is around the level 20 (low momentum), while the DM- remains above the DM+ (the […]

Annual forecast for Alibaba (2021)

Jun 17 2021 @ 02:56
Alibaba Group Holding Limited shares (NYSE:BABA) are essentially weak. The recent bullish attempt that was started in January 2021, got halted in February, and since then, price has been coming down. In this market, any rallies should simply be taken as opportunities to go short in the market. Price has gone below the lower Trendline […]

Annual forecast for Twitter (2021)

Mar 28 2021 @ 02:47
Twitter stock (NYSE:TWTR) has started coming down, especially this month. The new downtrend has followed a protracted bullish movement that the market has witnessed in the last several months. From October 2020 to February 2021, bulls held sway. However, from the beginning of March, a new bearish trend has ensued. Price has crossed the EMA […]

Annual forecast for Verizon Communications (2021)

Mar 15 2021 @ 05:02
Verizon Communications Inc. stock (NYSE:VZ) is essentially a bear market, and the bearishness may continue for some time, unless the upper Trendline is breached to the upside. The market is currently choppy and rough, and the probability of price going downwards is higher than its probability of going upwards. The RSI period 14 is slightly […]

Annual forecast for Netflix (2021)

Feb 16 2021 @ 05:36
Netflix stock (NASDAQ:NFLX) is currently in a short-term uptrend and price needs to fulfil a certain condition, as stated below, to establish its bullishness. It may be challenging to surmount the recent high, but it is a possibility. Price is currently between the upper and lower Trendlines and the RSI period 14 is close to […]

Annual forecast for IBM (2021)

Feb 16 2021 @ 03:36
IBM shares (NYSE:IBM) are not an attractive market at all, as price is currently going downwards. Since bulls have long been overpowered here, a serious downtrend is about to resume. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown […]

GameStop price: GME to start a serious bearish movement

Jan 30 2021 @ 02:16
GameStop shares (NYSE:GAME) have recently enjoyed a parabolic rise in price, which is purely unsustainable. Following several months of a strange consolidating movement, the market skyrocketed from around 4.00, almost reaching 500.00. Then that was followed by a noticeable correction. The Bollinger Bands is in a big bounce and price has gone far above it, […]

Are there the best and the worst months to trade?

Dec 09 2020 @ 06:44
The first time I set my eyes on a Meta Trader platform, I doubted I would be able to master its use, since the figures and features I saw seemed daunting to me. When I even heard about candlesticks, I didn’t know what it meant. Stupefied, I wondered whether I’d need to light some candles […]

Will the 2020 United States presidential election upheave the markets?

Nov 03 2020 @ 09:53
Hello Traders: The 2020 United States presidential election is here and traders are expecting high volatility in the markets.   My Take Nothing unusual and nothing extraordinary will happen in the markets. The markets don’t surprise people when they’re looking out for such; surprises come only when people don’t expect them. An informational traffic sign […]
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