Thursday, April 25, 2024

Technical Analysis: Is This Social Media Stock Overbought After an Earnings Rally?

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Snap had a sharp rally on February 4 after quarterly results beat estimates. But now its longer-term downtrend may be reasserting itself. The first pattern...

Chart of the Day: Is Bitcoin’s Long Slide Finally Ending?

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Bitcoin has been under pressure since early November, but now the top cryptocurrency may be showing signs of turning higher. The first pattern on this...

Chart of the Day: Has the Tide Finally Turned for This Chinese E-Commerce Giant?

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Chinese stocks like Alibaba have been under pressure for the last 1-1/2 years, but now the tide could be turning. The first pattern on today's...

Chart of the Day: DIY Giant Tries to Break Out Before Key Data

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Home Depot could be attempting a breakout as investors await key industry data. The main patterns on today’s chart are the falling trendline and the...

Technical Analysis: Netflix Shares Are Inching Toward a Big Price Gap

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Does anyone remember Netflix? After losing three-quarters of its value between November and May, the streaming-video stock may be trying to claw its way...

Technical Analysis: Oil Giant Hasn’t Done This All Year

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Exxon Mobil has been drifting since the late spring along with other energy stocks. But now it’s trying to do something it hasn’t done...

Chart of the Day: Will T-Mobile Follow Other Telecoms Lower?

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Telecom stocks have mostly fallen in recent months. One exception has been T-Mobile US. Could it soon follow its peers lower? The first pattern on...

Chart of the Day: Can Anything Stop Hess?

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Energy remains the top-performing sector this year. Today we're focusing a member of the group with potentially classic breakout behavior: Hess. The first pattern on...

Technical Analysis: Hotel Giant Could Be Attempting a Breakout

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Marriott has gone essentially nowhere since the pandemic began almost three years ago. But now the hotel giant could be getting ready to move. The...

Chart of the Day: Royal Caribbean May Be Cruising Lower

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Royal Caribbean Cruises drifted higher since the summer, but now it may be rolling over. The first pattern on today’s chart is the level around...
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