Investing

Investing
Investing

GLD ETF analysis: What next for gold as the rally gains steam?

Gold price has ended the week-long range-bound trading by refreshing its all-time high earlier on Tuesday. At the time of writing, the bullion was at a fresh record high of $4,725. With that, the GLD ETF, which tracks the performance of the gold bullion, is set to make a similar move.  Notably, a weaker US

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Investing

Polygon price prediction as adoption, transactions, and fees soar

Polygon price has retreated and pared back some of the gains experienced earlier this year. The POL token was trading at $0.1345 on Wednesday morning, down from the year-to-date high of $0.1865. Its fundamentals suggest that the POL price will eventually rebound as the network growth accelerates. Polygon’s adoption rate has soared  Polygon, one of

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Investing

USD/INR forecast: Here’s why the Indian rupee is in a freefall

The Indian rupee continued its strong slump against the US dollar this week, reaching a fresh all-time low. The USD/INR exchange rate rose for five consecutive days, reaching a high of 91.30. It has jumped by 9% from its lowest level in April last year and 26% from its lowest point in 2022. Indian rupee

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Investing

Tesco share price is stuck in a correction: can it bounce back soon?

The Tesco share price pulled back and moved into a correction, falling by 11% from its highest level in November last year. It was trading at 425p on Wednesday, down from the all-time high of 481p. This article explains what to expect as technicals point to more downside in the near term. Tesco share price

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Investing

Peloton stock forms a risky pattern as insiders sell, short interest rises

Peloton stock price has come under intense pressure in the past few months as its growth trajectory waned and as insiders dumped shares. PTON dropped by over 7% on Tuesday, reaching a low of $5.85, its lowest level since May last year. It has tumbled by 35% from its October highs and formed a risky

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Investing

PayPal stock just lost a crucial support: is it a bargain or a value trap?

PayPal stock price continued its strong downward trend this week as it plunged to the lowest level since November 2023. It lost a crucial support level as sellers remained in control and the short interest rose to 4.8%.  PayPal has become a fallen angel  PayPal stock price has crashed in the past few years, mirroring

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Investing

Lululemon stock forecast: Here’s why LULU may crash 20%

Lululemon stock price has suffered a harsh reversal in the past few months, moving from a record high of $516 in 2024 to the current $188. This crash has brought its market capitalization from a record high of over $68.27 billion to the current $23 billion. This article explores whether the stock has more downside

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Investing

EVgo stock price forms a risky pattern as growth concerns remain

EVgo stock price has suffered a major reversal, falling by 40% from its highest level in October last year. It was trading at $3.05, with its market capitalization falling from $1.55 billion to $942 million today. EVgo’s performance mirrors the performance of other electric vehicle charging companies. Blink Charging stock dropped from a high of

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Investing

Nikkei 225 Index at risk as Citi warns on BoJ rate hikes

The Nikkei 225 Index retreated by over 1.2% on Tuesday, continuing a downtrend that has been going on in the past few days. It retreated to a low of ¥52,930, down from the year-to-date high of ¥54,515. This retreat may continue if the Bank of Japan (BoJ) maintains a highly hawkish tone as Citi expects.

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Investing

Pop Mart share price jumps after buyback, but H&S pattern points to a retreat

Pop Mart’s share price jumped by over 8% on Tuesday, its best performance in five months, as investors cheered its new share buyback program. It rose to an intraday high of H$ 198, up substantially from this month’s low of H$174. It remains 42% below its highest point this year. Pop Mart share price jumps

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