James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

A support level is the low end of the price range for an investment over a certain period. Buyers generally see that asset as fairly priced and thus tend to buy it if it falls lower, preventing ...

Shares of Eli Lilly and Company (NYSE:LLY) are trading higher after getting pummeled on Friday. The move lower happened after the company announced preliminary sales that were less than expected. The ...

Apple Inc.'s price will shrink with market bites, it is looking for support. The support level that holds depends on portfolio managers' willingness to start buying again. The first test of support ...

JD stock price plunged in the first half of 2023 due to the sluggish recovery of the Chinese economy from COVID-19 restrictions and fierce domestic competition. Despite the downturn, the stock price ...

Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...

Well, the hopes and dreams of the bulls have been dashed this week after Bitcoin closed the week out at $94.290, below the key $96,000 weekly support level. In the weeks ahead, we should expect more ...

Bitcoin selloff accelerated by Fed uncertainty and forced liquidations in leveraged futures positions. Break below 85,150 shifted market psychology, turning former support into near term resistance.