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Monster Beverage: Breakout and Pullback

Monster Beverage: Breakout and Pullback

Monster Beverage broke out to a new all-time high in May, and now it’s pulled back. The first pattern on today’s chart is the March 2024 high of $61.23. The maker of energy drinks hesitated at that level in early May but pulled back to hold it last week. Has old...

Cisco Is Pushing a Generational High

Cisco Is Pushing a Generational High

Cisco Systems has climbed as AI investment helps power growth, and some traders may think the move will continue.

Options Alert: Calls Surge in Flying Taxi Stock

Options Alert: Calls Surge in Flying Taxi Stock

Joby Aviation has jumped on a stream of positive headlines, and options traders are looking for more upside in the flying-taxi innovator. This unusual activity was detected yesterday in the company, which is developing battery-powered aircraft for an app-based...