BT share price cup & handle pattern forms: will it jump to 250?

BT Group share price rose by over 3% after the company reached a new £200 million deal with Northern Ireland Electricity Networks (NIE). It jumped to 206p, up slightly from this week’s low of 198p. It has formed the bullish cup-and-handle pattern, pointing to a rebound this year. BT Group reaches major deal with NIE… Continue reading BT share price cup & handle pattern forms: will it jump to 250?

Here’s why South Korea’s KOSPI Index is rising and what next

The KOSPI Composite Index jumped by over 1.7% on Wednesday as global stocks continued their recovery amid optimism that the Iran war will end soon. It jumped to KRW 5,653, up modestly from the weekend low of KRW 5,400. Will these gains continue? South Korean stocks jump amid war optimism The KOSPI Composite Index, which… Continue reading Here’s why South Korea’s KOSPI Index is rising and what next

Nikkei 225 Index is pumping today: Here’s why gains may be short-lived

Japan stocks rebounded on Wednesday, joining other global equities. The Nikkei 225 Index jumped by 2.6%, up by 5.5% from its lowest level this week. So, will these gains continue? Nikkei 225 Index rally faces major risk  The Nikkei Index jumped, mirroring the performance of American futures, with those tied to the Dow Jones and… Continue reading Nikkei 225 Index is pumping today: Here’s why gains may be short-lived

Fastly stock price has gone parabolic: does it have more upside?

Fastly stock price has staged a strong comeback this month, reaching its highest point since January 22nd. It has risen in the last five consecutive weeks, and is now up by nearly 500% from its lowest level last year. So, is it safe to buy the stock today? Fastly stock boosted by rising demand  Fastly,… Continue reading Fastly stock price has gone parabolic: does it have more upside?

Nike stock price is nearing a make-or-break level: is it a buy?

Nike stock price has crashed to an important support level, and technicals suggest that it may drop further in the coming weeks or months. NKE has dropped in the last five consecutive weeks, reaching its lowest level since April 15 last year. It has dropped by nearly 70% from its highest point in 2021. Nike… Continue reading Nike stock price is nearing a make-or-break level: is it a buy?

Gold price at risk of crashing to $3,750 as GLD, IAU ETF outflows rise

Gold price retreated for ten consecutive days, entering a bear market after falling by over 20% from its all-time high. It dropped to $4,340 today, March 24, as crude oil prices rebounded and gold ETF outflows continued. This retreat may continue in the near term, potentially pushing prices toward $4,000. Crude oil prices are rising… Continue reading Gold price at risk of crashing to $3,750 as GLD, IAU ETF outflows rise

Hang Seng Index is rising today: is this a bull trap or start of a rally?

The Hang Seng Index jumped by 1.4% on Tuesday as global stocks soared after the latest developments on the ongoing Iran war. It jumped to H$ 24,630 from this week’s low of H$24,215. So, is this a dead-cat bounce or the start of a bull run? Hang Seng Index jumps amid signs of Trump’s capitulation … Continue reading Hang Seng Index is rising today: is this a bull trap or start of a rally?