The market is trading close to all-time highs and many analysts are expecting a correction or sell-off over the next few weeks.
They argue that the market has come too far. Some consolidation is overdue and would be natural.
Recon Technology LTD. (NASDAQ: RCON) shares plummeted lower Friday after the company’s subsidiary Beijing BHD Petroleum Technology Limited signed two contracts with North China E&P Company.
Graybug Vision Inc (NASDAQ: GRAY) has not released any news since it printed its first-quarter 2021 earnings results May 12, but that didn’t stop the stock fr
Novan Inc. (NASDAQ: NOVN) shares are trading higher Friday after the company reported that B-SIMPLE4 pivotal Phase 3 trial of SB206 achieved significance for the primary endpoint with no adverse events.
With an abundance of news on a weekly basis, it's no wonder Tesla Inc’s (NASDAQ: TSLA) stock can swing wildly. Traders and investors also have to be prepared for how CEO Elon Musk’s tweets can affect Tesla’s stock price.
Shares of Galecto, Inc. (NASDAQ: GLTO) staged a nasty reversal on Thursday. The stock was so volatile that the trading was halted by the exchange a few times. This is done to give people a chance to step away from the frenzy and think about their decisions.
Shares of Chewy, Inc. (NYSE: CHWY) may have broken resistance. This means the recent uptrend may continue.
There was resistance at the $77.50 because it previously been a support level. What was support can become resistance and that’s what happened here.
Heat Biologics Inc. (NASDAQ: HTBX) shares traded higher Thursday after the company filed for a patent titled “GP96-Based Cancer Therapy.” The stock was trending on StockTwits throughout the day and is likely also moving as retail traders push the stock higher.