Latest Market News
Type: Bearish ReversalKey Levels:Resistance: 34682Pivot: 34364Support: 33678Preferred Case:With price approaching the resistance of the stochastics indicator, we have a bearish bias that price will drop from our pivot at 34364 in line with the horizontal swing high resistance and 61.8% Fibonacci retracement to 1st support at 33678 in line with the horizontal swing low support.Alternative […]
BSTX‘s SEC approval does not involve crypto trading or any other form of use of blockchain technology. 3616 Total views 51 Total shares The Boston Security Token Exchange (BSTX), a new facility of the Boston-based BOX exchange, received regulatory approval from the United States Securities and Exchange Commission (SEC) to operate as a blockchain-based securities […]
Caterpillar Inc. CAT, -5.19% reported Friday big profit and revenue beats, as sales of all three of its major business segments rose above expectations, but the stock dropped 1.7% premarket as cost increases outpaced sales growth. Net income nearly tripled, to $2.12 billion, or $3.91 a share, from $780 million, or $1.42 a share, in […]
Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo Hanyecz enacted […]
Shares of Eli Lilly & Co. LLY, +3.54% were down 0.9% in premarket trading on Friday after the company said it decided to scrap further development of Olumiant as a possible lupus treatment, based on results from two Phase 3 clinical trials, one of which failed. The drug, which was developed with Incyte Corp. INCY, […]
Type: Bullish BounceKey Levels:Resistance: 0.70842Pivot: 0.69935Support: 0.69616Preferred Case:Prices are at a pivot and graphical swing low, we see the potential for a bounce from our Pivot at 0.69935 in line with 78.6% Fibonacci extension and 100% Fibonacci retracement towards our 1st resistance at 0.70842 in line with 23.6% Fibonacci retracement.Alternative Scenario:Alternatively, prices may dip further […]