Momentum trading and support and resistance are two popular technical analysis strategies that can be used to identify trading opportunities. Both strategies have their own advantages and ...
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Support and Resistance Basics
Traders and analysts chart the movements of stock prices over time to pinpoint the support levels and resistance levels that indicate optimal times to buy and sell. Support and resistance are two ...
Yields on the 10-year Treasury bond have risen by nearly 40 basis points over the past weeks. US 10-year yields surpassed the key 200-day moving average and attempted to test the 50dma. Get the ...
The first week of trading in 2023 performed the same as we have experienced since mid-December (barring Friday). In other words, from Monday through Thursday, the S&P 500 Index (SPX – 3,895.08) found ...
Tesla’s (NASDAQ:TSLA) stock has been on a rollercoaster ride over the past few months. Since April, it has nearly doubled in price to $270 per share but could not hold, reversing to under $200 per ...
Gold and silver prices ended Thursday’s session on a slightly weaker note after a volatile day of trading. Both metals ...
XRP struggles below $2.30 but shows signs of recovery. Traders watch key support at $2.15 and resistance near $2.45 for the ...
The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance ...
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Nifty Bank prediction tomorrow, April 11: Index RSI above 55; trading view, support and resistance
Nifty Bank prediction tomorrow: On Wednesday, April 9, the domestic benchmark indices dipped after a day of big gains. Sectorally, PSU Banks witnessed weakness. Also, the apex bank Reserve Bank of ...
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