Wednesday, June 7, 2023
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Technical Analysis

Chart of the Day: Apple Pulls Back After a ‘Golden Cross’

Apple clawed to a six-month high last week. Is it done or will prices continue higher? The first pattern on today’s chart is the price...

Technical Analysis: Will Tesla Shares Drive Higher?

Tesla more than doubled between January and mid-February. It retraced almost half that move last month and is now trying to bounce. Will the...

Chart of the Day: Tight Consolidation in Semiconductor Equipment Stock

Semiconductors have outperformed lately as investors get excited about demand from artificial intelligence (AI). Today’s chart considers equipment supplier Lam Research . The first pattern...

Chart of the Day: Exxon Mobil Has Pulled Back

Exxon Mobil has steadily advanced for more than a year, and its current pullback may interest trend followers. The first pattern on today’s chart is...

Chart of the Day: Potentially Bearish Candlestick Pattern in

0 tried to rally a week ago. It proceeded to fall on weak quarterly results, leaving some potentially difficult patterns on the daily chart...

Technical Analysis: Does the Nasdaq Need a Pause?

The Nasdaq-100 has been running as investors flock back to growth stocks. But is it time for a pause? The index has gained each of...

Technical Analysis: Pullback in Yum Brands

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...

Technical Analysis: Have Chipmakers Already Bottomed?

Most people know that technology stocks ended 2022 on a weak note. But they may not realize one group started to outperform: chipmakers. The first...

Chart of the Day: Is Oracle Attempting a Breakout?

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: Royal Caribbean May Be Cruising Lower

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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