-
Market Sees More Than 50% Retracement After Geopolitical Tensions
Tuesday, August 12, 2014 - 3:54pm | 719Since peaking on July 24 at 1985.75, the S&P 500 stock index futures swooned nearly 100 points before it bottomed at 1,890.25 during premarket trading on August 8. Geopolitical concerns were the catalyst for the decline, as Russian troops amassed on the Ukraine border, with many pundits...
-
50 Percent Retracement Level -- A Significant Hurdle For Some Issues
Tuesday, December 4, 2012 - 6:38pm | 657by Joel Elconin, PreMarketInfo.com After bottoming at $17.55 on September 4th, Facebook (NASDAQ: FB) has rallied over ten points to close at $28.00 on Friday. Will this move continue, or is this just a bear market rally in the stock? One fairly reliable technical indicator to test the validity...
-
Star Bulk Carrier Corp (Nasdaq:SBLK) - Not Smooth Sailing
Thursday, February 4, 2010 - 6:57am | 149The Star Bulk Carrier Corp(Nasdaq:SBLK) share price had fine sailing between March 2, 2009 and May 27, 2009 with the price rising from $1.28 to $5.45 . Since then the share price has been headed "down river" with a low of $2.50 reached on January 29, 2010. Since then it has worked its way up to the...