
We have outlooked several promising Forex pairs and the result can surprise you!
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When Twitter Inc. and Snap Inc. posted quarterly revenue that blew past analysts’ expectations, the results bumped up the shares of the two of their larger rivals: Facebook Inc. and Alphabet Inc.
While Facebook and Google parent Alphabet doesn’t report their numbers until next week, the tech giants are also in the digital advertising business, and the reports from Twitter and Snap answered some lingering investor questions. The pandemic, which caused businesses to sell more of their products online, has started to subside in some parts of the world, but it turns out advertisers are still increasing their budgets.
The momentum burst that we saw over the past few days after the quick dip at the beginning of this week is also considered as an early sign of a breakout including Facebook, SNAP, Twitter, and Google.
With that being said, it looks like the correction in tech stock is over and earnings may prove such an outlook.
Twitter showing some promising pattern here, with a possible inverted head and shoulders formation on the daily chart, while the neckline is now trading around 70.50 which might get tested in today’s session. A weekly close above the neckline would be a clear signal to start building a position gradually with every dip, with an initial target of 73.
We have outlooked several promising Forex pairs and the result can surprise you!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
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