NASDAQ Market News

PayPal Holdings Inc. shares (NASDAQ:PYPL) are currently engaged in a bearish movement, and buyers’ effort to push up the market has invariably been scuttled. The market was bullish from October 2020, until the middle of February 2021. After that, it began trending downwards, generating a short-term bearish signal. 4 EMAs are used for this analysis, […]

EBay shares (NASDAQ:EBAY) have been plummeting in this month, thus erasing the recent bullish gains that were made, especially from November 2020 to January 2021. Further short selling is anticipated this year. ADX period 14, is somewhere around the level 30, meaning that momentum remains strong in the market. DM- is almost crossing DM+ to […]

Facebook stock (NASDAQ:FB) is not an attractive market at all. Price is quite choppy and it is now caught in an equilibrium zone. Since June 2020, the equilibrium movement has started and it makes price oscillate between the upper and the lower Trendlines. The RSI period 14 is also between the levels 40 and 50; […]

The first time I set my eyes on a Meta Trader platform, I doubted I would be able to master its use, since the figures and features I saw seemed daunting to me. When I even heard about candlesticks, I didn’t know what it meant. Stupefied, I wondered whether I’d need to light some candles […]

The Nasdaq 100 (NDX) has rounded off November on a positive note, after the month up by more than 11%. This surge was mainly stimulated by the recently-concluded US Presidential election and the discovery of potential COVID-19 vaccines. These themes were the major dominating fundamental factors through November, as hopes for things to go back […]

THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...

We trade to make profits, and therefore we hate losses and like profits. However, when we put losses in proper perspective, we would see it as occasional blessings in disguise. Losses can be a good thing if they make you evolve into a better and more effective trader. You will then be able to trade […]

Zoom Video Communications Inc. shares (NASDAQ:ZM) have begun to rally after a recent dip. The market is generally bullish and the bullishness has been on for a very long time: only that it is more pronounced right now. From December 2019 to April 2020, price went upwards. It pulled back in April and reached new […]

Amazon.com stock (NASDAQ:AMZN) is currently bullish; though the market is volatile. The current bullish started, following a strong downtrend in March 2020. Price nearly reached the great demand zone of 1600.00 before it rallied massively, now close to the supply zone at 2400.00, which would easily be breached as the market targets the supply zone […]

Microsoft shares (NASDAQ:MSFT) has been able to hold out to the bullish signal on it, against the current turbulence the market is facing, from November 2019 to February 2020, price rose upwards sharply, reaching the supply level at 190.00. Then the market fell to as low as the demand level of 130.00 before rallying again. […]