Tag: technical analysis

Antonio’s Perspective: Technical Analysis of Wynn Resorts

Shares of Wynn Resorts, Limited (NASDAQ:WYNN) gained $2.62 or 2.65%, despite Friday’s market selloff, to close at $98.41 on solid volume. The stock has recovered nicely in the last few sessions since the recent low of 88.50 made in late August and has provided several meaningful signs of strength, by bouncing of its trendline support area around the 200EMA and then breaking above the 50EMA.

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Sprint Corp. Stock – Technical Analysis

This is a guest post by  António Costa, acclaimed trader and the popular author of AC Investor Blog

Sprint Corp (NYSE:S) after a big price and volume surge in mid-July, has gone sideways and
consolidated in a rectangle pattern in the 5.85-6.32 trading range. On Friday, the stock finally broke the top line of the trading range on decent volume and I expect more upside pressure in the coming days.
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How To Identify The Most Suitable Companies To Invest In

Getting into a trade is perhaps the toughest part about investing because of the level of research it takes. You get tips and suggestions from so many people, coming from so many directions that it’s difficult not to get utterly confused. And if you are an amateur at finance, there are dozens of “technical-sounding” terms about stocks that are not easy to wrap your head around.

There’s TV news coming from the likes of CNBC and Bloomberg with dozens of analysts constantly talking about their favourite bets. There are thousands of business and finance websites – most of them reporting the same popular news. There are umpteen newsletters and then there are hundreds of tip-giving services.

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Types of Stock Market Analysis

There is no shortage of analysis for anyone interested in investing. A search for the term “stock market analysis” turned up 122 million hits on Google and well over 15 million hits each on Bing, and Yahoo. The majority of stock market analysis can be lumped into three broad groups: fundamental, technical, and sentimental. Here’s a close look at each.

Fundamental Analysis

The goal of fundamental analysis is to determine whether a company’s future value is accurately reflected in its current stock price. Fundamental analysis attempts to estimate the value of a particular stock based on a variety of factors, such as the current finances of the company and the prevailing economic environment. Fundamental analysis also may include speaking with a company’s management team and assessing how the company’s products are received in the marketplace.

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