About 45 trillions of assets are run on the technology provided by SS & C company. Its financial services and health operations have received good feedback from its clients. The principal aspect of this company’s strategy is organic growth and scaling through acquisition which is a double edge sword for a software company as such. So why are we bullish about...
From April 2022 the stock price has been consolidating and now approaching a significant support. The current price is at the low of the consolidation, so buying now is a low risk trade. The Nedium high and low indicator is confirming a low is imminent. Trade set up Buy price: 52.89 Target price: 70.40 Stop Loss price: 45.76 The Nedium Team.
Though BlackRock is late to the bitcoin race, it's getting ready to be the goto place for institutional bitcoin adoption. This will open the company to a different crop of investors and we are about ready to see their stock price soar like bitcoin recently. The recent CRYPTO:BTCUSD rally was due to some speculation on the approval of bitcoin ETF. What do we...
From 2022 we began to see that electric vehicle adoption was losing some steam in the US and other major markets. EV players like NASDAQ:TSLA got hit the most unlike Toyota that produced gasoline and hybrids in the same period, which are very quite appealing to consumers. EV demand is expected to slow in 2024. The excitement about generative AI and robotics...
The price is about to pivot after remaining in the range 1756.30 and 1272.80 since the year 2021. The management is beginning to communicate better with the public hence dispersing extant fears. You would notice from the chart that the current unfolding price pattern is similar to the price structure in the rectangle. There’s a high probability that the price will...
Hi community, we just want to call your attention to the price pattern forming here. At ‘price pattern 1’, we saw a 5-wave corrective structure and a bullish impulse followed immediately, now we are observing a similar corrective structure forming. Will the outcomes of ‘price pattern 2’ be similar to that of ‘price pattern 1’? Most of the heavyweight stocks in...
Hello community. The Fed's goal is to promote maximum employment and stable prices. So in recent times the Fed has rapidly hiked rates by 5-¼ percentage points while also reducing their security holding by $1 trillion to help influence inflation expectations. Large companies like Amazon, Meta, Alphabet, Microsoft, Salesforce and many more began cutting their...
From the charts we can see that OANDA:EURCHF has remained in its bearish channel for about eleven months, now price is approaching the top of the channel which is also a major confluence of a supply zone and resistance level. If these levels hold, it's a big win for the bears. Most importantly, In the coming days we are watching to see if the channel remains...
NYSE:JNJ is not an exception to the falling share prices due to the macro-economic environment. Despite this company’s Q3 results beating the wall street estimates, the stock price keeps falling. We are expecting a rebound soon as confirmed by the Nedium indicator. This trade is quite aggressive now but the conservative traders can wait for price action to show...
Hello traders, OANDA:AUDNZD is losing momentum to the downside. This is because 1. The demand for Australian goods is getting higher than from New Zealand. Countries like China are beginning to import more from Australia. 2. The AUD is a commodity currency, so when commodity prices are speculated to rise so also the value of the currency. 3. Since the demand...
The demand for warehouse space and speedy supply chain logistics has increased significantly due to the fast pace of e-commerce adoption and the race for a more efficient supply chain by large retail companies. It was reported that e-commerce requires three times more logistics space than brick and mortar retail stores. NYSE:PLD is properly positioned to...
The bank of Japan (BOJ) has maintained dovish monetary policy in order to accelerate economic activities in the country. This decision has weakened the yen relative to global currencies because of the rising interest rates in other countries. The Boj may be forced to intervene because of the steep surge in market yields and their weakening currency. There has been...