James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

A support level is the low end of the price range for an investment over a certain period. Buyers generally see that asset as fairly priced and thus tend to buy it if it falls lower, preventing ...

Block stock (NYSE: XYZ)is currently down 16% this month, primarily due to disappointing Q3 results. However, investors should put XYZ on their radar. The core reason is its strong historical support ...

Coinbase stock price continued its freefall this week as the crypto exchange released its financial results. COIN plunged to a low of $141 on Friday, its lowest level since February 2024. It has ...

Shares of Eli Lilly and Company (NYSE:LLY) are trading higher after getting pummeled on Friday. The move lower happened after the company announced preliminary sales that were less than expected. The ...

Apple Inc.'s price will shrink with market bites, it is looking for support. The support level that holds depends on portfolio managers' willingness to start buying again. The first test of support ...

Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...

It was a very disappointing week for bitcoin price action last week. Monday saw a nice move up into resistance, but that momentum quickly faded as bitcoin retraced the bullish move to end up right ...

Bitcoin closed the week out at $67,638, not an awe-inspiring close by any means. The support level at $65,650 has held for a couple of weeks now, but the relentless selling pressure will likely take ...

The cryptocurrency market was bearish last week thanks to a host of macroeconomic factors. The Federal Reserve kept interest rates the same while the Fed Chair suggested that there is no certainty ...

A support level is the price at which an asset may find difficulty falling below as traders look to buy around that level. Usually, the markets prove unwilling to let an asset drop below its support ...