#BNB BROKE OUT OF A MASSIVE ASCENDING TRIANGLE ON THE MONTHLY CHART 🚀THE GOLDEN CROSS WORKED BEAUTIFULLY 🔥 https://t.co/V99WERGM3n ...

Occidental Petroleum (OXY) shares closed higher on Wednesday following rumors that Berkshire Hathaway (BRK.A) (BRK.B) plans on buying its petrochemical division, OxyChem, for about $10 billion. Investors also likely rushed into OXY today because it formed an intriguing golden cross pattern for the first time since April 2024 – indicating bullish momentum ahead. More News from Barchart Including today’s gains, Occidental stock is up more than 35% versus its year-to-date low in April. www.barchart.com ...

Source: TradingView.com Key Takeaways Nike shares jumped Wednesday morning after the sports apparel and equipment maker posted surprise sales growth and topped Wall Street’s earnings expectations. Over the past month, the stock has traded lower within a falling wedge but looks set to break out from the pattern. Investors should watch important overhead areas on Nike's chart around $80, $90 and $98, while also monitoring major support levels near $71 and $63. Nike (NKE) shares jumped in early tradi ...

Momentum indicators, however, tell a more nuanced story. Traders use the Squeeze Momentum Indicator to show what kind of market phase an asset is currently trading in, be it a bullish/bearish impulse or bullish/bearish trend. This indicator has flipped bearish, marking a shift in short-term direction that often precedes deeper corrections when combined with other weak signals.The technical picture shows Bitcoin maintaining its golden cross formation, where the 50-day moving average (EMA50) sits comfortably ...

The Average Directional Index, or ADX, measures trend strength on a scale where anything below 20 means "no clear trend," 20-25 indicates a trend is forming, and above 25 confirms strong directional movement. At 18, Bitcoin is essentially drifting in a choppy market where neither buying nor selling pressure dominates. This is why you don’t see a clear long-term bullish or bearish trend, and instead the coin has been bouncing sideways for weeks now.The Relative Strength Index, or RSI, for BTC is at 52, which ...

Core Viewpoint - Lithium Americas Corp (LAC) shares surged over 90% due to government actions, General Motors (GM) commitments, and retail investor enthusiasm, triggering a Golden Cross, indicating positive momentum ahead [1][6]. Government Actions - Reports indicate that the Trump administration is seeking up to a 10% equity stake in Lithium Americas' Thacker Pass lithium project as part of a Department of Energy (DOE) loan renegotiation [2]. - The DOE is reevaluating Lithium Americas' $2.3 billion loan due to concerns over cheaper Chinese lithium, with intentions to secure equity and require GM to relinquish some control over the project [2][4]. Analyst Insights - JPMorgan analyst Bill Peterson notes GM's involvement supports Thacker Pass' development, but details of revised loan or offtake agreements remain unclear [3]. - The potential offering of no-cost warrants for 5-10% of shares could dilute existing shareholders, adding uncertainty to the valuation of a government stake [4]. Technical Analysis - LAC has triggered a Golden Cross, with its 50- and 200-day simple moving averages supporting a bullish case; the MACD is at 0.31, and the RSI has reached an overbought level of 86.5 [6]. - Analysts suggest the post-market surge is amplified by low liquidity and a short interest of around 12% of the float, creating a classic short-squeeze environment [7]. Broader Industry Context - The situation with Lithium Americas reflects a broader trend of the U.S. government taking direct equity stakes in companies critical to domestic supply chains, particularly in sectors where China has a dominant position [8]. - The developments surrounding Lithium Americas highlight a new era where Washington is becoming an active equity investor in critical materials, intertwining politics with the lithium market [9].

$OTHERS.D - Golden Cross.History is repeating! https://t.co/qPBR3JbbmT ...

OTHERS.D GOLDEN CROSS HAS HAPPENED.PARABOLIC GAINS ARE COMING IN Q4. https://t.co/srGYhtDHEw ...

$OTHERS.D golden cross inbound.Allocate accordingly. https://t.co/GvcwoHrf9W ...

Shattuck Labs, Inc. (STTK) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, STTK's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. ...