On the 4-hour timeframe, CGX has recently broken below a key trendline that originated in late November, signaling potential weakness ahead. Here’s the detailed analysis: 1. Overbought Conditions: The RSI has climbed above 80, indicating overbought levels that often precede price corrections. This aligns with a bearish divergence seen in the MACD, which is starting to curve downward. 2. Support Target: If the pullback continues, I anticipate a move down to around $11.20, a level that aligns with prior support and Fibonacci retracement zones. This area could serve as a critical level to watch for potential reversal or consolidation. 3. Bearish Momentum: Moving averages on this timeframe are beginning to reflect weakening momentum, though the broader trend on the daily chart remains bullish. Key Levels to Watch: • Resistance: $12.00 (a failure to break below this might attract buyers early). • Support: $11.20 (critical for confirming the pullback and setting the stage for a potential rebound). Risk Factors: While the technicals lean bearish short-term, a return of strong buying pressure or broader market positivity could invalidate the correction and see CGX resume its upward trajectory. Let me know your thoughts—does $11.20 align with your analysis, or are you watching other levels?
Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to acquire the company in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million […] © 2024 TechCrunch. All rights reserved. For personal use only.
Snapchat is introducing a revamped, unified monetization program for creators. The new program will reward creators for both content posted to Stories and Spotlight, its TikTok copycat. Previously, Snapchat monetized these two formats through separate programs. Under the new program, creators will earn revenue from ads displayed within eligible Stories and Spotlight posts. “With Spotlight […] © 2024 TechCrunch. All rights reserved. For personal use only.
Chinese shopping app Temu was once again the most downloaded free app in the U.S., according to a list of top apps and games across the App Store released by Apple on Monday. The shopping app last year moved into the No. 1 slot, stealing the position from TikTok which held the title in in […] © 2024 TechCrunch. All rights reserved. For personal use only.
Monster Hunter Wilds is just a couple of months away. The action-RPG looks great so far and is poised to be the biggest game yet in the long-running series. It also probably looks completely overwhelming and hard to parse for newcomers to the franchise. Fortunately, actor Daisy Ridley is here to explain it to you in…Read more...
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Final Fantasy VII: Rebirth is a remake that manages to blow up the middle-act of the original 1997 PlayStation game into a game twice as long. Take your time, see the sites, wrap your head around every little nook and wrinkle of its sprawling world, and you’ll be saving the planet for well over 100 hours. A new update…Read more...
Sonic the Hedgehog 3 is finally coming to theaters this week on December 20. However, there have been some early screenings for press and fan events, which means spoilers are bound to sprout up ahead of time. Unfortunately, it also means that phone recordings of the film’s post-credits scene are starting to appear…Read more...
In Denn sie wissen nicht was passiert treffen die TV-Legenden Günther Jauch, Thomas Gottschalk und Barbara Schöneberger aufeinander. Bei Letzterer hat der RTL-Moderator einen entscheidenden Fehler gemacht.
Die 402-km-Version kostet 65.990 Euro netto als Kastenwagen