Investing

Investing
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

Read More
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

Read More
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

Read More
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

Read More
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

Read More
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.

Read More
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

Read More
Investing

Robinhood share price forecast as the crash continues

Robinhood stock price has crashed into a bear market this year as sellers remained on the sidelines. HOOD dropped to a low of $108.75, its lowest level since November 24, and ~30% below the highest level in October last year. This article explores whether the stock will rebound or continue falling this year. Robinhood stock

Read More
Investing

Here’s why the Wise share price has gone parabolic today

Wise share price rose sharply on Tuesday after the British fintech giant published encouraging financial results and maintained its focus on executing a dual-listing. It rose by nearly 13%, reaching its highest level since November 25. Wise business is doing well despite rising competition  Wise, formerly known as TransferWise, is a top British company that

Read More
Investing

GE Aerospace stock forecast ahead of earnings: buy, sell, or hold?

GE Aerospace stock price continued its strong bull run this year and was trading at $325. It has jumped by 105% from its lowest point in April last year and is hovering near its all-time high of $332.5. This surge has brought its market cap to over $342 billion. Will the GE shares jump after

Read More