Implications of „Ethereum Merge “ After many delays, the Ethereum Merge finally took place during the early hours of September 15. Until now, both Ethereum and Bitcoin were running on proof-of-work, which requires high-powered computers to verify transactions and "mine" new coins across a decentralized global computer network. The long-awaited merge moves...
Energy crisis will deepen further in autumn. Russia’s decision to stop gas supplies to Europe is exacerbated by yesterday’s OPEC+ decision to cut crude oil production by 100,000 barrels per day beginning from October. The reason is to defend oil prices on the global market after Europe decided to cap price for the crude oil exported from Russia. The situation...
a big date for Etherium is approaching. Ethereum developers expect the merge to take place during the week of September 15, 2022. That’s not a guarantee, however, and given how long it has taken for the merge to come this far, it wouldn’t be a big surprise if the Ethereum team delayed it even more. Still, it’s an exciting time to be in the crypto and NFT space....
Alliant Energy Corporation LNT: Daily and 4h Charts indicate that the stock could be close to a potential breakout to the upper side. The stock has solid support level in the range $58 - $69, which could be low-risk entry point. The upside however looks attractive, especially if the stock would move above $65 - $66. Why could we expect positive moves in LNT?...
PSTG reported solid figures yesterday and provided guidance above consensus expectations. The company has positive Free Cash Flow and attractive valuation. In our view, we may watch for an attractive entry around $28.0 (this level provides solid technical support) with lower risk. On good days on the stock market PSTG is definitely set to run to its price target...
CHPT Chargepoint has a nice visible breakout today, following the earnings release from yesterday. The company showed double-digit revenue growth and confirmed solid FY2022 financial guidance. Positive breakout on technical Chart may allow the stock price go upwards for a few days in a row. I recommend to watch for a good entry level around $15.50-$15.70, if the...
Asensus Surgical (ASXC) potential positive swing with limited downside risk but high upside potential. ASXC announced today the installation of a Senhance® Surgical System in the General Surgery Department of Evangelical Hospital Goettingen-Weende of Göttingen, Germany. This is one of the agreements to lease and utilize the System, which was announced by the...
Today's sellof in Bitcoin creates rather bearish technical setup. Absence of positive near-term triggers and growing uncertainty in macroenvironment provides pressure on cryptos, including Bitcoin. If the next support level (around 18.7k) is broken, we may see BTCUSD is falling to 16k or, in the worse case scenario to 14k in the next 3 months. Beware of mid-term...
Frey Battery signed collaboration agreement with Japanese electric motors maker Nidec. The agreement implies significant additions to revenues. Technical Chart looks bullish and ready for another bullish breakout. Recommended entry price range $13,0 - $13,23 www.tradingview.com
in June European Central Bank should announce the first interest rate increase. Given high inflationary pressure, especially in energy and in the food sector, we expect that central bank should decide on 0.50 b.p. interest rate increase. The next interest rate hikes may come in 3Q 2022 and in 4Q 2022. We therefore believe that EUR should strengthen in the coming...
T belongs to defensive sectors, which tend to outperform the stock market during the downturn. Financial performance of AT&T should significantly improve following the splitoff Warner Broth. Growing free cash flow warrants stable dividend payments. At the current price the dividend yiled looks very attractive. On a technical basis T has solid Support around $15.5...