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Shares of Glatfelter Corp. GLT, +2.41% dropped 4.7% in premarket trading Wednesday, after the supplier of engineered materials said it suspended its quarterly dividend, as part of a “reprioritization” of capital as it focuses its efforts on optimizing financial results. The company had last paid a quarterly dividend of 14 cents a share in June, […]
Type: Bullish Rise Key Levels:Resistance: 147.900Pivot: 144.275Support: 141.100 Preferred Case:On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.275 to the 1st resistance at 147.900 where the 127.2% fibonacci extension is. Alternative Scenario:Alternatively, price could break […]
Type: Bearish Drop Key Levels:Resistance: 681.75Pivot: 688.00Support: 668.25 Preferred Case:On the H4, with the price reflecting off the 61.8% Fibonacci retracement line and the price being inside ichimoku cloud, we have a neutral bias on corn. price could back to 668.25 where the previous swing low is. Alternative Scenario:Alternatively, price might go back up towards […]
Ethereum co-founder Vitalik Buterin has reiterated his support for decentralized autonomous organizations (DAOs), arguing that in some circumstances, they can be more efficient and fairer than a traditional corporate structure. In theory, DAOs are collectively owned and managed by their members and have no central leadership. All decisions relating to aspects such as the usage […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new ascending impulse. In this case, the upside correctional target may be at 1685.00. At the same […]
EURUSD, “Euro vs US Dollar” EURUSD is falling towards the downside border of the consolidation range at 0.9945 and may later grow to test 0.9990 from below. After that, the instrument may start a new decline with the target at 0.9890, or even extend this structure down to 0.9800. GBPUSD, “Great Britain Pound vs US […]