Tuesday, April 23, 2024

Attention Amazon Traders! Check Out This Chart

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Amazon.com has declined along with the broader Nasdaq-100. But other consumer-facing companies have fared much better. The chart below compares AMZN with competing retailers. It...

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...

Options Traders May Think Carnival Will Keep Sailing Higher

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Carnival is the top-performing member of the S&P 500 in June, and one big options trader may think it will keep sailing over the...

Options Alert: Calls Surge After Chinese Travel Stock Reverses Off Lows

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Chinese stocks have struggled lately as tension grows between Washington and Beijing. However, at least one trader seems bullish on travel stock Trip.com. Heavy volume...

Chart of the Day: Chinese Electric Car Stock Rallies and Pulls Back

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Most Chinese stocks remain well below their 52-week highs, but not Li Auto. Let's consider some of the patterns on the Beijing-based maker of electric...

Options Alert: Big Investor Adjusts Upside Trade In Ford Motor

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Ford Motor has jumped as its business roars back to life, and one options trader is giving the automaker more room to run. Check out...

Chart of the Day: Target Could Be Breaking a Triangle

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Target gapped lower on weak earnings four months ago. Now it may be showing signs of the bearish trend continuing. The main pattern on the...

Tesla Is Headed for Its Worst Month Ever As Elon Musk Veers Into the...

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Tesla is headed for its worst month ever as Elon Musk focuses on Twitter and China continues pandemic lockdowns. The electric-vehicle giant is down 26...

Technical Analysis: Pullback in Yum Brands

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Yum Brands had a strong rally in late 2022. Now after a pause, the restaurant company may interest pullback buyers. The first pattern on today's...

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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