Pilbara Minerals Limited (ASX:PLS) has witnessed a strong rally in the recent past, tripling in value as compared to the same time last year. The stock has been under a sentiment gush for some time over a strong rebound in lithium prices in the wake ...
Gold has been under a crabwalk for a while with economic situations around the globe taking a turnaround with the rollout of COVID-19 vaccine. The spot market has been stuck in a range for quite a while; however, after a period of slow moves, gold ha...
Treasury Wines Estates Limited (ASX:TWE) has been trading under pressure for quite a while, thanks to the anti-dumping measures imposed by China on the Australian wine import. Technically, TWE is trading under pressure after facing a strong resistanc...
Summary ASX All Ordinaries Index and S&P/ASX 200 index are trading in an upward territory of ascending channel. Both Indices made a new all-time high in 2020 and managed to sustain around those levels, after recovering from the Covid-19 dra...
Copper’s Price Action Summary: Copper prices are trading in a perfect symmetrical triangle pattern on a quarterly timeframe chart on Shanghai Future Exchange. It started the year with a bearish tone and gave negative quarterly closing, near ...
Summary S&P/ASX Midcap 50 made a new lifetime high S&P/ASX Midcap 50 gained ~87.74 percent from March 23, 2020 low and currently trading around the lifetime high mark with a positive crossover between 21-period and 50-period SMA. S&...
Summary The NASDAQ Composite Index continues to move higher and hit all time high. Cloudera Inc has broken the crucial resistance at USD 11.92 level and prices are getting major support from 50-simple moving...
Trading shares or applying technical analysis is a mixture of both science and art. It is science in terms understanding the various nuances of chart patterns, back-testing, trading system, etc. It is an art when it comes to understanding market psyc...
Iron ore prices are once again capturing the attention as the prices spike to another record high over supply concerns and robust demand from China. The commodity clinched RMB 1,194.00 per dry metric tonne on the Dalian Commodity Exchange (DCE) on 21...
Crude oil prices are once again witnessing some pressure over the virus fears, with Brent crude oil futures plunging over 6 per cent from USD 52.48 (intraday high on 18 December 2020) to USD 49.20 a barrel yesterday. Image Source: © Kalkine G...
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