August Updates
Once again @eToro (to join press on Etoro) is ranked number 1 in July this year by the TradersUnion as the most trustworthy online trading platform.
Congratulations, wish you more successes to come.
Not only the Etoro well-known trustworthiness news is due this month as there are few good news in cryptocurrency & stock markets as follow.
Crypto & Stocks Market Updates/News
$BTC - Bitcoin
With the 20k breakage to the 19k range fears & disappointment rises, however in my opinion it’s the silence before the storm, every few years BTC falls below a certain range and when people finally give up on it, it starts soaring back, therefore I believe this will happen very soon.
Finally, there are strong signals it will break the current range of 9-12, after that we will notice a big leap which will be great for both stock shootings and long-term hold.
New agreements with tech companies to improve its network and retain - increase crypto attraction.
The crypto enthusiasts are s to re-trust the coin and are willing to give it another try.
High daily trading volumes, will reflect on its prices very soon.
In this month alone $NAS.OL SIGNED TWO agreements with notes Atlantic airways & with Wideroe, to collaborate together on the one-direction flights, and tickets sales, enabling passengers to seamlessly travel the entire route network of airlines.
Norwegian had 1,937,318 passengers, an increase of 19 per cent compared to the previous month and the highest number since the outbreak of the pandemic with an around 85% increase over the same month last year.
If you ask me it looks as promising and on the right road on recovery stock.
Medical Cannabis companies started to recover again
The top stars are:
Adjusted EBITDA of $11.5 million, marking the Company's 13th consecutive quarter of positive Adjusted EBITDA.
HEXO agreement - transaction will be a crucial factor in the stock soaring due to increasing its attraction and profitability.
net revenue increased 14.5%.
the Company has delivered $85 million in cost synergies, exceeding its original target of delivering $80 million of cost savings by the end of the fiscal year 2023.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.7043, with a change in the price noted at -2.76. In a similar fashion, Aurora Cannabis Inc. posted a movement of -66.71% for the period of the last 100 days, recording 9,402,696 in trading volumes.
Many moving trends are noted, and its price nowadays is very encouraging, in my opinion, this stock is set to soar, and can be considered an undervalued stock.
this isn't financial advice, do your own research before making financial decisions.
Share with me your opinions, I'll be waiting for your thoughts.
follow for more market updates.
Happy investing
Best Regards,
Dr Ahmad Houran
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