Sunday, May 5, 2024

Chart of the Day: Is It Time to Go Back to the Well in...

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Occidental Petroleum is the biggest gainer in the S&P 500 this year, but was the biggest decliner last week. Is the dip an opportunity...

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: Is Oracle Attempting a Breakout?

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Oracle has performed better than most technology and software companies, and now it may be attempting a breakout. The first pattern on today’s chart is...

Chart of the Day: Will Alcoa Continue Lower?

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Alcoa rallied early last year after the Ukraine war threatened aluminum supplies. It’s struggled since and now some traders may expect further pushes to...

Technical Analysis: Don’t Forget About Alphabet

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Alphabet has been on the sidelines since a big rally in May. Is it time for traders to think about more upside? The first pattern...

Chart of the Day: More Downside in Energy ETF?

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Energy was the only the only major sector to fall last month. Is there more downside risk? The first pattern on today's chart of the...

Chart of the Day: Caterpillar Could Be Holding an Uptrend

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Caterpillar broke out to new highs a month ago, and now some traders may think an uptrend is in place. The first pattern on today’s...

Two sectors on breakout watch

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This post is intended for educational purposes and should not be considered a trading recommendation. Two sector funds may be on breaking out as bullish...

Options traders see fireworks in beaten down tech stock

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Options traders seem to expect a hot summer from a forgotten tech stock. More than 19,000 July 29 calls traded in Juniper Networks (JNPR) on...

Social giant sneaks to new high

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Something important happened last Thursday, and few people seemed to notice. Facebook (FB) hit a new 52-week high above its February peak of $195.32. The...
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