Day: October 4, 2022
Rivian RIVN, -3.10% on Monday said it believes it is still on pace to produce 25,000 vehicles this year, in keeping with a prior target, despite earlier production setbacks for the electric-vehicle maker. Shares jumped 10% after hours. Management said the company produced 7,363 vehicles in the third quarter. The electric-vehicle maker said those vehicles […]
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD. 283 Total views 13 Total shares Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth […]
This year’s final quarter began on a pessimistic note, with the US stock market losing more than 1.5 percent on Friday, cementing short-term risk aversion and bearish sentiment. Risk assets picked up the baton on Monday and extended the bearish trend. European markets sank by more than half a percent, the S&P 500 futures struggle […]
Type: Bearish Momentum Key Levels:Resistance: 691.0 Pivot: 661. 40 Support: 675.60 Preferred Case:The overall price on the H4 is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Price attempted but failed to breach the first resistance level at 691.00. Price responded with a massive rejection […]
