Latest Market News
Shares of Nio Inc. NIO, +4.18% climbed 5.6% in premarket trading Friday, as the China-based electric vehicle maker benefited from a broad rally in Chinese ADRs and after the company reported vehicle delivery data. The company said it delivered 9,985 vehicles in March, up 37.6% from the same period a year ago. The deliveries included […]
Special-purpose acquisition corporation 10X Capital Venture Acquisition Corp. II VCXA, +0.51% has reached an agreement to merge with Prime Blockchain Inc., an infrastructure provider for blockchain technology, in a deal with an estimated enterprise value of about $1.25 billion. The combined company will be headed by ex-Goldman Sachs investment banker Gaurav Budhrani and will list […]
Type: Bullish BounceKey Levels:Resistance: 1.21968Pivot: 1.21369Support: 1.21046Preferred Case:Prices are at Pivot, we see the potential for a bounce from our Pivot at 1.21369 towards our 1st resistance at 1.21968 in line with 200% Fibonacci projection and 38.2% Fibonacci Retracement. Divergence is spotted on RSI.Alternative Scenario:Alternatively, prices may dip towards our 1st support at 1.21046 in […]
Type: Bullish BounceKey Levels:Resistance: 3470Pivot: 3030Support: 2763Preferred Case:On the H4, with price moving above the ichimoku indicator, we have a bias that price will rise to our 1st resistance at 3470 in line with the horizontal swing high resistance from our pivot at 3030 in line with the horizontal pullback support and 50% Fibonacci retracement.Alternative […]
Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April. Solana flips key resistance to support To recap, SOL’s price underwent extreme pullbacks upon testing its multi-month downward sloping trendline in recent history. For […]
The numbers: The U.S. created a robust 431,000 jobs in March and the unemployment rate took another step toward a half-century low, as companies pushed to add staff and more people entered the labor force in search of work. Economists polled by The Wall Street Journal had forecast 490,000 new jobs, but the shortfall was […]