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Chart of the Day: Potential Breakout in Nebius

Chart of the Day: Potential Breakout in Nebius

Nebius consolidated for months, but some traders may think the datacenter stock is breaking out. The first pattern on today’s chart is the long basing pattern between November and late March. (It could also be viewed as a cup and handle following the rally between...

Nvidia Stands Its Ground. Is the AI Trade Back?

Nvidia Stands Its Ground. Is the AI Trade Back?

Stocks fell early Monday on worries about the Middle East, but the real action might have been in Nvidia. The AI chip giant opened lower along with the broader market, doing two key things. First, it touched its lower Keltner Channel. (That's a technical indicator...