Tag Archives: Breakout

Nvidia’s Stock Breakout Puts Amazon Within Sight

Nvidia’s Stock Breakout Puts Amazon Within Sight

(Bloomberg) — Just 10 days into the new year and a familiar stock is back near the top of the leaderboard: Nvidia Corp. Most Read from Bloomberg After struggling for months to break out above $500 a share, last year’s best performer in the S&P 500 has pushed decisively into record territory with a nearly 9% advance. With its market value now at more than $1.3 trillion, it’s less than $250 billion shy of Amazon.com Inc., the fourth-most valuable company in the benchmark. The fact that… Source link

Read More »

Multi-threat Cordarrelle Patterson’s breakout season

Multi-threat Cordarrelle Patterson’s breakout season

FLOWERY BRANCH, Ga. — When everyone else is wielding a scalpel, sometimes you’ve got to heave a bowling ball. The NFL is a league of offensive specialists. Short-yardage specialists. Deep-threat specialists. Interior specialists. Outside specialists. First-down, second-down and third-down specialists. Each possesses a particular set of skills designed to advance the ball to the point that another specialist can take over. And then there’s Atlanta’s Cordarrelle Patterson, who… Source link

Read More »

Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst

Bitcoin’s Range Play Likely to End With Bullish Breakout: Analyst

An analyst who predicted the bitcoin mid-May price slide says the cryptocurrency’s current range play is likely to be resolved on the higher side. “The consolidation phase itself is neutral, but we think a breakout is more likely than a breakdown,” Katie Stockton, founder and managing partner of Fairlead Strategies, said in a research note published on Monday. “Intermediate-term momentum has been improving based on the MACD histogram.” Bitcoin has been trading between $30,000 and… Source link

Read More »

Latest Bitcoin Breakout Highlights an Overlooked Opportunity

Latest Bitcoin Breakout Highlights an Overlooked Opportunity

You know me as a long-term investor in hypergrowth themes and stocks. Smartphone with Bitcoin chart on-screen among piles of Bitcoins Source: Shutterstock To me, that’s the best way to build your wealth and realize your financial dreams. That’s why we talk a lot about the massive, exciting trends changing our world and making investors rich. So here’s one thing you may not know about me … InvestorPlace – Stock Market News, Stock Advice & Trading Tips I’m an avid chart reader. I learned… Source link

Read More »