News

Smith & Wesson Brands Inc. SWBI, +9.62% shares fell 3% in the extended session Thursday following a rally in the regular session and after the gun maker reported quarterly profit and revenue above Wall Street expectations. Smith & Wesson said it earned $36.1 million, or 79 cents a share, in the fiscal fourth quarter, compared […]

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading inside the “oversold area”. In this case, the pair is expected to test -1/8, break it, and then continue growing to reach the resistance at 0/8. However, this scenario may be cancelled if the price breaks the support […]

Type : Bearish DropKey Levels:Resistance : 0.77455 Pivot: 0.76955 Support : 0.76460 Preferred Case: On the H1, price is moving below the ichimoku cloud and along the descending trendline which gives us a bearish bias that prices will drop to the pivot at 0.76955 where the 50% fibonacci retracement and swing low support are. Once […]

Type : Bullish RiseKey Levels:Resistance : 51792 Pivot: 51152 Support : 50529 Preferred Case: On the H1, price is moving above the ichimoku cloud and has broken out from descending trendline which supports our bullish bias that price will rise to the pivot at 51152 where the swing high resistance, 78.6% fibonacci projection and 61.8% […]

Bitcoin (BTC) was a response to the 2008 global recession. It introduced a new way to transact without depending on the trust of third parties, such as banks, particularly failing banks that were nevertheless bailed out by the government at the expense of the public.  “The central bank must be trusted not to debase the […]

LendingTree Inc. TREE, +5.18% shares dove more than 13% in after-hours trading Thursday, after the lender trimmed its guidance for the quarter as a result of lower levels of home-mortgage loans. Executives said they now expect second-quarter revenue of $259 million to $264 million, after previously forecasting $283 million to $293 million, and also reduced […]