Mircea Vasiu
Mircea Vasiu
Mircea, MBA in International Business graduating Magna Cum Laudae, trades for a living and contributes to various financial publications for more than six years. He writes about macroeconomics, stock indices, currencies, and most recently ETFs and individual stocks. For the past decade, he’s involved in everything trading related, mostly in the currency market, both with manual and algorithmic trading.

crude oil price

Crude Oil Price – A Bearish Outlook Moving Forward

Crude oil price had a difficult time advancing lately, as the economic recovery during the COVID-19 pandemic falters. The technical picture looks bleak – bearish divergence, rising wedge, horizontal resistance. On top of that, the fundamentals are weak too. Bearish Developments for Crude Oil Price After the negative $40 close […]

Dow Jones

S&P500: Will the V-Shape Recovery Last?

Since the coronavirus pandemic outbreak in late March, policymakers kept referring to the possibility of a V-shape recovery. While the economy did not recover that fast, the S&P500 did. The first quarter of the year ended up with the quickest meltdown in the S&P500 index’s history. The velocity of the […]

Tesla Share Price

Tesla Ready for the S&P500 Inclusion

Tesla share price is up over 5% premarket as the electric car manufacturer announced its Q2 2020 earnings after the market closed yesterday. The company posted its fourth consecutive quarterly profit – a condition for the inclusion in the S&P500 index. Investors chased Tesla share price higher for the past […]

Βitcoin price BTCUSD

Bitcoin Price Poised to Move to 11,000

Bitcoin price has long been consolidating below the 10,000. In fact, right now sits below the round number still, confirming the difficulty it has to break higher. However, recent developments on the lower timeframes reveal a triangle that just broke higher. With a tight stop-loss and trading at the market, […]