Market analysis

Corn prices languish at 3-year low as WASDE report points to oversupply
November 10, 2023 08:00 PM AEDT| By InvezzCorn prices continued their bearish trend this week after the US Department of Agriculture (USDA) warned of more supplies and weak demand. According to TradingView, corn price crashed to a three-year low of $4.68 while the Teucrium Corn Fund (CORN) s...

Tesla stock price forecast: the case against Elon Musk’s TSLA
November 10, 2023 05:04 PM AEDT| By InvezzTesla (NASDAQ: TSLA) stock price has been one of the most rewarding in Wall Street. It has jumped by more than 19,000% since going public in 2010. Along the way, it has created several billionaires and many millionaires. Today, the company has a mark...

Hang Seng index punched as Hong Kong, China risks keep coming
November 10, 2023 10:00 AM AEDT| By InvezzThe Hang Seng index record of underperformance continued this week as concerns about the Chinese economy continued. The index has dropped for four straight days and is now nearing the lowest level in 2023. It has plunged by more than 24% from the hig...

AMC stock price forecast: Pain ahead as bottoming signs emerge
November 10, 2023 02:08 AM AEDT| By InvezzAMC Entertainment (NYSE: AMC) stock price continued its remarkable sell-off on Thursday after the company moved to dilute its shareholders some more. The shares plunged to a low of $8.30, which was almost 90% from the highest point this year. AMC fur...

Good news for PDD stock price as Temu active users soar
November 10, 2023 12:33 AM AEDT| By InvezzChinese e-commerce companies are quickly gaining traction globally. Shein, the Boohoo competitor, is preparing to go public in a $80 billion deal. Temu, on the other hand, has become one of the fastest-growing companies in the world. Temu’s popularit...

Red alert for Polestar stock price: a heap of headwinds ahead
November 09, 2023 11:08 PM AEDT| By InvezzPolestar (NASDAQ: PSNY) stock price freefall continued as the company slashed its guidance and warned of an impending capital raise. The shares collapsed to a low of $2.18 on Thursday, the lowest level on record. It has plunged by more than 86% from...

Neonode (NEON) stock price has plunged: buy this dip?
November 09, 2023 05:02 PM AEDT| By InvezzNeonode (NASDAQ: NEON) stock price has crashed to a record low as the company continues facing numerous headwinds. The stock was sitting at $1.1 on Thursday, close to its all-time low. At the same time, the shares have plunged by more than 91% from t...

Nikkei 225 index: bullish pattern forms after new Japan stimulus
November 09, 2023 02:00 PM AEDT| By InvezzThe Nikkei 225 index has bounced back in the past few days as the USD/JPY exchange rate sits at its highest level in more than three decades. The index jumped to a high of ¥32,700, much higher than last month’s low of ¥30,250. It is nearing the year-...

Jasmy Coin price prediction: Here’s why Japan’s Bitcoin is soaring
November 09, 2023 01:01 PM AEDT| By InvezzThe JasmyCoin price continued its bullish trend as investors cheered the latest Bitcoin breakout. The coin jumped to a high of $0.0044 on Thursday, the highest point since June of this year. It has soared by over 50% from the lowest point this year....

Brent crude oil price forecast: technical analysis
November 09, 2023 01:30 AM AEDT| By InvezzCrude oil prices have recoiled. Brent, the global benchmark, is in track for the third straight week as the recent momentum faded. It dropped to a low of $81.20 on Wednesday, much lower than the year-to-date high of $95.86. Similarly, West Texas Inte...

DonAlt bearish on Litecoin: On-Chart data suggests otherwise, Everlodge and Binance Coin set for price rise
November 09, 2023 01:14 AM AEDT| By InvezzBinance Coin (BNB) has seen a price upswing following the increase in network activity and growth momentum in its ecosystem. In addition, Litecoin (LTC) could soon dip to as little as $12 based on the latest projections by DonAlt. However, Everlodge...

Evonix (ENVX) stock price surged after earnings but risks remain
November 08, 2023 10:17 PM AEDT| By InvezzThe Enovix (NASDAQ: ENVX) stock price jumped by over 14% in the pre-market session after the company issued a strong earnings report. The shares jumped to a high of $11.52, the highest point since October 3rd. They have risen by more than 38% from th...

Enovix (ENVX) stock price surged after earnings but risks remain
November 08, 2023 10:17 PM AEDT| By InvezzThe Enovix (NASDAQ: ENVX) stock price jumped by over 14% in the pre-market session after the company issued a strong earnings report. The shares jumped to a high of $11.52, the highest point since October 3rd. They have risen by more than 38% from th...

Seeing Machines share price has more upside as business improves
November 08, 2023 05:02 PM AEDT| By InvezzSeeing Machines (LON: SEE) share price has bounced back after the company made an important announcement about its business. The stock bounced back to a high of 5.90p on Tuesday, a 20% increase from the lowest point this year. It remains much lower t...

Upwork stock price inverted H&S pattern points to more upside
November 08, 2023 03:02 PM AEDT| By InvezzUpwork (NASDAQ: UPWK) stock price surged in the extended hours after the company published encouraging financial results. The shares, which ended the week at $12.03 on Tuesday, surged by 20% after its earnings release. It hit a high of $14.45, the hi...

Digital World (DWAC) stock has plunged: Avoid Trump SPAC at all cost
November 08, 2023 01:00 PM AEDT| By InvezzThe Digital World Acquisition (NASDAQ: DWAC) stock price has moved sideways in the past few weeks as investors wait for the eventual merger. The shares were trading at $15.45 on Tuesday, a few points higher than last month’s low of $14.25. In all, th...

Ryanair vs IAG: Which is the better airline stock to buy?
November 08, 2023 11:03 AM AEDT| By InvezzRyanair and IAG (LON: IAG) are two leading European airlines that carry millions of passengers every year. They are some of the most popular brands in Europe. Over the years, Ryanair has transitioned to become the biggest airline in the world by mark...

Watches of Switzerland share price outlook: Is WOSG a good stock to buy?
November 08, 2023 04:38 AM AEDT| By InvezzWatches of Switzerland (LON: WOSG) share price has made a strong recovery on Tuesday after the company published encouraging financial results. The stock jumped by as much as 15%, the best daily increase in months. It remains about 65% below the high...

Naked Wines share price crashed to a record low: don’t buy this dip
November 08, 2023 02:24 AM AEDT| By InvezzNaked Wines (LON: WINE) share price continued its freefall on Tuesday after the company published weak financial results. The stock crumbled to an all-time low of 29.40p, much lower than its all-time high of 911p. This means that the shares have plun...

Celsius Holdings (CELH) stock is soaring: beware of a worrying pattern
November 07, 2023 11:19 PM AEDT| By InvezzCelsius Holdings (NASDAQ: CELH) stock price continued its remarkable surge on Tuesday after the company published strong financial results. The shares jumped to a high of $200, a few points below its record high of $206.65. It has been one of the bes...