Friday, April 19, 2024

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...

No One Seems to Be Selling Ethereum, According to This Chart

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Ethereum had a mini-crash over the weekend along with other cryptos, but there's been very little follow through to the downside. The first thing jumping...

Media Giant May Be Attempting a Bull-Flag Breakout: Chart Study

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Comcast has pulled back after making a new high last month, and now it could be turning upward again. The media giant battled against a...

Bulls May Be Coming Back to Energy as Global Economy Reopens

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Energy stocks jumped yesterday as inventories tightened and traders looked for demand to increase. The SPDR Energy ETF (XLE) rose 2.8 percent, its biggest one-day...

This Traditional Retailer Has Pulled Back Following a Sharp Rally: Technical Analysis

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Macy's has screamed higher since November, and now may be offering the bulls another entry. The first major pattern on the retailer's chart is the...

Gold Miner ETF May Be Hitting a Bearish Trend Line

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Gold miners are one of the worst-performing corners of the market this year. They've bounced recently, creating a potential opportunity for the bears. This chart...

Small Cap Index Is Holding a Potentially Key Level: Chart Study

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The Russell 2000 ETF (IWM) had a strong move coming out of the vaccine news in November. It’s been consolidating for the last two...

Another Healthy Pullback in Energy ETF?

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Energy is the strongest sector this year, but is down in the last month. Is it time to buy the pullback? This chart of the...

Market Pulse: Potential Topping Patterns on the S&P 500

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The S&P 500 has steadily trended higher since November. However some chart patterns suggest it may be topping out -- even if there isn’t...

Market Pulse: Bearish Triangle in Procter & Gamble

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Consumer staples have lagged this year as investors look past the stay-at-home trend. The biggest stock in the sector, Procter & Gamble, is forming...
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