Adidas stock price is rallying after a strong sell-off that started in January 2021. The stock has lost more than 70% of its value since that year. However, a bigger timeframe demand imbalance has taken control and is helping the German footwear and accessories stock giant to rally. Adidas AG is a German multinational corporation,...
Expedia Group stock. Does strong travel demand keep it bullish? Probably that’s one of the reasons why Expedia group stock is rallying. A similar scenario is happening on Booking.com travel companies in the same industry. The Expedia Group (NASDAQ: EXPE) marketplace offers travellers the widest choice, including flights, rooms, cars, cruises, activities and much more. The stock...
Is Amazon stock selling off for the right reasons in 2022? Despite Amazon’s Continuous yet slower revenue growth, Amazon’s stock price (NASDAQ: AMZN) keeps on selling off strongly. I read somewhere that the appeal of Amazon stock is gradually improving, but it still feels a little too early to get involved. And there is a...
USDCNH forex cross-pair is tanking as expected after reaching the strong supply imbalance on the daily timeframe. USDCHN price has reacted strongly to the price level, and the Chinese Yuan price is getting stronger against the US dollar. The USDCNH price chart attached below is a screenshot taken from the cross-pair last November 29th 2022,...
Getinge is a global medical technology company founded in Sweden a long time ago, back in 1904. The firm provides equipment and systems within healthcare and life sciences. The Swedish healthcare company has lost more than 50% of its value since the end of November 2021. After such a strong sell-off, a new bullish leg...
Byggmax Group AB is a Sweden-based company active within the construction materials retail sector. The Company is engaged in the discount retail of construction materials in the Nordic do-it-yourself (DIY) market. Byggmax Swedish stock is in the middle of nowhere in the monthly timeframe, sitting between strong imbalances at 27 and 69 SEK, respectively. Right...
Is Nike stock a buy right now? After falling sharply this year, Nike stock now seems to be on the rebound. The company also hiked its dividend by 11%, so stock analysts expect that Nike’s earnings should improve as inventory levels decrease. That’s at least what you can read if you google the famous stock...
Nio Inc. is a Chinese stock sometimes called the Tesla (TSLA) of China. NIO is a pioneer in building smart electric cars, providing premium services, and creating innovative charging solutions. Like Tesla, Nio makes luxury electric vehicles. Unlike Tesla, Nio does not make its own EVs, instead partnering with a state-owned auto manufacturer. Nio’s stock...
European Airbus stock is a very well-known European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft in Europe and various countries outside Europe. Airbus is Boeing’s biggest competitor in the aircraft manufacturing business. The competition between Airbus and Boeing has been characterised as a duopoly in the...
Anta Sports Products Limited is a Chinese sports equipment multinational corporation headquartered in Jinjiang. It is the world’s largest purely sports equipment company by revenue and the third-largest manufacturer of sporting goods overall, behind Nike and Adidas. Adidas stock analysis and Nike stock analysis were also published recently. Please, check them out if you want...