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NYSE Market News

Annual Forecast for Chevron Corp. (2018)

Mar 13 2018 @ 11:13
Chevron Corp. shares (NYSE:CVX) moved northwards from October 2017, reaching a new peak in January 2018, and then plummeted within the same month. Price has gone far below the lower Trendline as bears hold sway. The market is now very rough and choppy, but the bearish movement is expected to continue, following the current weak […]
 

Annual Forecast for BP Plc. (2018)

Mar 13 2018 @ 09:36
BP Plc. stock (NYSE:BP) was a massive bull market from October 2017 to January 2018. However, the market experienced a large pullback in February and began to move downwards. There was a massive drop in early February, and market has been volatile since then, as it moves sideways in the context of a downtrend. 4 […]
 

Annual Forecast for Alibaba Group (2018)

Mar 08 2018 @ 22:25
Alibaba Group shares (NYSE:BABA) is generally a rough and choppy market. In the long-term, there is no directional movement. However, there is a directional movement in the short-term. In the short-term, the ADX period 14 is at the level 20, showing a lack of momentum in the market. Nonetheless, the -DI is above the +DI, […]
 

Annual Forecast for Exxon Mobil (2018)

Feb 28 2018 @ 19:14
Exxon Mobil shares (NYSE:XOM) are in a clear downtrend, having been pummeled recently. From September 2017, towards the end of January 2018 the market was bullish. After then, price dropped like a stone, ending the bullish bias and creating a bearish bias. 4 EMAs are used for this analysis and they are EMAs 10, 20, […]
 

Annual Forecast for Twitter (2018)

Feb 09 2018 @ 13:21
Twitter shares (NYSE:TWTR) is a bull market. For the past several months, price was going upwards in a slow and steady manner, prior to the current gap-up in the market, which has resulted in a strong bullish outlook. The gap-up has triggered a bullish bias, which ought to continue in spite of the current pullback […]
 

Annual Forecast for Paypal (2018)

Feb 02 2018 @ 03:09
Paypal Holdings shares (NASDAQ: PYPL) are in a bullish mode, despite the recent pullback. Price is expected to rise up again to continue the extant bullishness in the market, as the analysis below shows. Price is essentially above the upper Trendline – even able to stay above the upper Trendline irrespective of recent pullback. The […]
 

Annual Forecast for Tesla (2018)

Feb 02 2018 @ 02:57
Tesla Inc. stock (NASDAQ:TSLA) is currently bullish, though the recent market condition is quite choppy. Price is supposed to go upwards, which see. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the […]
 

Annual Forecast for Ebay (2018)

Jan 26 2018 @ 08:43
Ebay stock (LSE) is in an uptrend, with a Bullish Confirmation Pattern in the market. There is still much room for the market to go northwards as we shall see. Apart from the downwards movement that was seen in October and November 2017, the trend in the market has generally been bullish. Price is above […]
 

Annual Forecast for Verizon Communications (2018)

Jan 26 2018 @ 08:32
Verizon Communications shares (NYSE:VZ) are a bull market, which is supposed to continue. From August to November 2017, the trend was largely neutral. But in November 2017, a bullish journey started, which has become strong, and which has held out till today. The ADX period 14 is around the level 30, which signals a considerable […]
 

Annual Forecast for IBM (2018)

Jan 20 2018 @ 04:53
IBM stock (NYSE:IBM) is currently in an uptrend. The recent bearish correction would turn out to be an opportunity to buy long at better prices. In January 2018, price jumped above the upper Trendline, going further upwards. However, price suddenly experienced a shallow bearish correction, which would enable bulls to enter the market at better […]
 
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