The previous year 2022, was undoubtedly tumultuous for the stock markets, with several stocks plummeting across multiple industries. Analysts have blamed the hard times on inflation, hawkish federal reserve policies, an impending global recession, and the ongoing crisis in Ukraine. This year, however, we're beginning to see some recovery in the stock markets. This article will find a few stocks worth buying this year.
EUR/USD: bulls going to deliver new local high
2019-11-11 • Updated
The price is moving up and down between the levels 1.0774 – 1.0732. Considering the previously formed “Double Bottom” and “Flag” patterns, the market is likely going to test the nearest resistance at 1.0797 – 1.0811. If a pullback from these levels happens, there’ll be an opportunity to have a decline towards a support at 1.0754 – 1.0732.
The pair is consolidating on the one-hour chart. It’s likely that the price is going to reach the closest resistance at 1.0797 – 1.0811 during the day. If we see a pullback from this area, bears will probably try to test a support at 1.0754 – 1.0732.
The Netflix stock (NFLX), with a market cap of $145.17B and a whooping 10 000+% rise since its inception 16 years ago, experienced some turbulence for a short period last year while trading around the $250 share price. However, the NFLX stock quickly recovered and rose to over $300 towards the end of the previous quarter of 2022.
The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
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