The Tesla share price is once again testing a key area of support ahead of its founder’s appearance on prime-time T.V tomorrow. U.S listed carmaker Tesla (TSLA) has been under the spotlight recently. A slew of negative press has left the stocks’ 2021 all-time high, far in the rear-view mirror. […]
The gravity-defying Dogecoin price rally has paused ahead of Elon Musk’s hotly-anticipated appearance on Saturday Night Live tomorrow. If you had told me at the start of the year that the meme coin, named after an internet-famous dog, would rally 18,000%, I would have suggested you see a doctor. Well, […]
The recent performance of the Pirate chain price is a stark reminder to investors that a high tide does not always raise all ships. With the price of Bitcoin established above $55,000 and Ethereum now over $3,400, investors are understandably looking further down the altcoin chain for returns. The total […]
The Monero price is within touching distance of its $477 all-time high as the RSI enters into the nose-bleed territory, suggesting a possible pullback. In a report last week, we looked at the reaction of the Monero price to the news that Greyscale Investments has been exploring the idea of […]
A Goldman’s report has revealed that Hedge Funds had shorted Tech stocks in 9 days of the last 10. This opens the door for the Nasdaq 100 to squeeze higher. The report released yesterday detailed that whist overall, clients had been net buyers of equities, they had sold tech names […]
Another day, and another drop in the Coinbase share price. The crypto exchange loses 7% as investors choose Altcoins over Bitcoin. The Coinbase share price has proven more volatile than its biggest product since its April 14th listing. On opening day alone the stock had a 27% range. At its […]
The Apple share price has struggled recently and currently trades at $128.10, -12% off its 2021 high, v.s the Nasdaq’s -4% decline. Once the tech index darling, Apple (AAPL) has underperformed the Nasdaq since the start of 2021. The recent retreat from its highs has pushed the price underwater on the […]
Like many of its customers, the Tesco share price has spent much of 2021 in lockdown. As it rallies from the lows, we ask, is there more to go? Tesco, the world’s third-largest retailer by gross revenue, has a footprint many of its rivals would dream of. However, its share […]
The AUDUSD pair spiked sharply lower overnight as China announced plans to “Indefinitely” suspend economic dialogue with Australia. The news sent the AUDUSD rate plunging in the Asian session to a low of $0.771. Only the support of both the 50-Day and 100-Day Moving Averages ($0.7706 and $0.7704 respectively) stemmed […]
The Dax Index pared back much of Tuesday’s steep -2.5% decline. Recovering key technical levels to gain 314 points, finishing the day at 15,170. So far this month, the ‘sell in May and go away’ mantra had worked well. At Tuesday’s close, the Dax Index had lost -2.33% in the […]