by MarketArmor | Apr 26, 2024 | Trade Ideas
Track all markets on TradingView On April 22, we noted, “Gold is still pushing aggressively higher. Last checked, it’s about to cross $2,400 and could see $2,500 shortly after. All thanks to safe-haven demand and growing interest in gold from global central banks.”...
by MarketArmor | Apr 25, 2024 | Trade Ideas
Track all markets on TradingView On April 17, we noted, “Keep an eye on cannabis stocks, like Canopy Growth (CGC). With several key catalysts ahead – such as potential rescheduling ahead of elections, a growing number of Americans approval of legalization, and an...
by MarketArmor | Apr 24, 2024 | Trade Ideas
Track all markets on TradingView Electronic Arts (EA) is oversold on RSI, MACD, and Williams’ %R. It’s also cutting its headcount by 5% to cut costs, and just said it would raise the price of its monthly and annual EA Play subscriptions. Helping, in its third quarter,...
by MarketArmor | Apr 23, 2024 | Trade Ideas
Track all markets on TradingView Keep an eye on Fortinet (FTNT). RBC Capital reiterated its hold rating on the stock with a price target of $71 a share. We’ll also get a better idea of how FTNT is doing when it posts earnings on May 2. In its last earnings report, the...
by MarketArmor | Apr 22, 2024 | Trade Ideas
Track all markets on TradingView Gold is still pushing aggressively higher. Last checked, it’s about to cross $2,400 and could see $2,500 shortly after. All thanks to safe-haven demand and growing interest in gold from global central banks. As noted on Yahoo Finance,...
by MarketArmor | Apr 19, 2024 | Trade Ideas
Track all markets on TradingView Procter & Gamble (PG) is an oversold blue-chip giant. With a yield of 2.56%, the consumer goods company is oversold at $157.29. It’s also over-extended on RSI, MACD, and Williams’ %R and is just starting to pivot higher. Initially,...
