Peloton Interactive, Inc. (PTON) hit an all-time high on Wednesday and may complete a breakout in the next few sessions, hitting $200. The rally appears technical in nature, after a modest pullback from the 20-day simple moving average (SMA), which also marks December support near $140. Buying interest has barely
A stock exchange is, by definition, a market where stocks can be bought and sold at certain times of the day. It functions as an entity that provides orderly trading and efficient dissemination of price quotes for publicly listed companies. Exchanges generally take place from Monday to Friday. The Saudi
Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from
Shares of Plug Power Inc. (PLUG) fell more than 5% during Thursday’s session after JPMorgan began hedging with a neutral rating and a price target of $60.00 per share. Key points to remember Plug Power shares fell sharply after JPMorgan initiated a hedge on the stock at Neutral with a
An analysis using discounted cash flow (DCF) is a very commonly used measure in the valuation of real estate investments. Admittedly, determining the discount rate – a crucial part of DCF analysis – involves a number of variables that can be difficult to predict accurately. Despite the difficulties, the DCF
Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the real capabilities of Web3 and its role in our day-to-day lives. Considering the promise of a decentralized internet using public blockchains,
Trading can be considered a game of probability. This means that every trader will invariably get it wrong sometimes. When a trade goes bad, there are only two options: accept the loss and liquidate your position, or double down and possibly go down with the ship. This is why the
The pivot point and its derivatives are a tool that provides forex traders with potential support and resistance levels and helps minimize risk. Using reference points such as support and resistance helps determine when to enter the market, place stops and take profits. However, many newbie traders pay too much
Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows. As the dust settles on a 6% comedown for BTC/USD, analysis argues that its trip to $25,000 was never meant to last. Realized price comes back to haunt the BTC chart