Friday, May 3, 2024

Tesla Faces a Make or Break Moment as Electric Vehicle Stocks Surge Back

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Tesla's stock could be at critical juncture as investors rotate back to zero-emission stocks like electric cars and solar energy. The chart below shows how...

Tesla’s Stock Is Holding Support as Relative Strength Turns Positive

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After months of weakness, Tesla may be charged for another move to the upside. Some interesting patterns have recently appeared on the electric-car maker's chart. First...

Chart of the Day: Mega Candle in Johnson & Johnson

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Johnson & Johnson is often a dull stock, but it had some exciting price action yesterday. The health care giant dropped 1 percent in the...

Energy Stocks Could Be Hugely Oversold, According to This Chart

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Energy is the top performing sector this year, despite two months of weakness. It now appears hugely oversold in comparison with crude oil prices. The...

Bearish Triangle and Death Cross in Zoom Video: Technical Analysis

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As Zoom Video Communications continues to struggle, more bearish patterns have appeared on the chart. First, the recent price action has resulted in a descending...

Chart of the Day: More Upside in Advanced Micro Devices?

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Advanced Micro Devices rallied hard on strong results in late July. Now almost two months later, the chip stock may be ready for another...

Nio Could Be Attempting a Breakout Before Earnings Next Week: Chart Study

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Nio was one of the top stocks in 2020, making even Tesla look like a savings bond. It’s pulled back hard and is now...

Bullish or Bearish? The S&P 500 Faces a Death Cross as It Tries to...

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The S&P 500 has been in a steady downtrend all year. That makes it a good time to assess the state of the index...

Technical Analysis: This Data Storage Company Is Breaking Its Downtrend

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Seagate Technology has spent the last five months pulling back. But now it may be turning around. The main pattern on today's chart is the...

Chart Study: Is CSX Ready to Start Rolling?

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Railroad operator CSX has squeezed into a tight range for almost five months. Now it may be ready for a breakout. The first pattern jumping...
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