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Technical Analysis

Chart of the Day: Will Alcoa Continue Lower?

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Alcoa rallied early last year after the Ukraine war threatened aluminum supplies. It’s struggled since and now some traders may expect further pushes to...

Chart of the Day: Will Crude Oil Run Again?

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Crude-oil futures are having their worst week since March, but some traders might think about buying the pullback. The first pattern on today’s chart is...

Crude oil may be stabilizing before OPEC

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Disclosure: This post is intended for educational purposes and should not be considered a trade recommendation. Energy may be stabilizing, even as OPEC prepares to...

Memory Chip Maker Holds Key Level as Market Rebounds: Chart of the Day

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This week was cut short by Independence Day. That makes it a good time to view Micron Technology (MU), which seems to have the...

The S&P 500’s Channel Is at Risk: Chart Study

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Two weeks ago, we highlighted some potential topping patterns on the S&P 500 . It's played out as expected, and now attention turns to...

This Major Index Is Breaking Out as Value Stocks Pause: Chart Study

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Value stocks and reopening plays have been the main themes in 2021, but now the bulls seem to be returning to Big Tech and...

Tesla Faces a Make or Break Moment as Electric Vehicle Stocks Surge Back

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Tesla's stock could be at critical juncture as investors rotate back to zero-emission stocks like electric cars and solar energy. The chart below shows how...

Technical Analysis: Can Caterpillar Hold Its Gains?

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Caterpillar has been leading a rally in industrial stocks, but now some traders may expect a pullback. Notice the gap to new record levels on...

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...

Energy Stocks Look Like Technology Did Five Years Ago: Technical Analysis

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2022 has begun with another sharp rotation from growth to value stocks. The SPDR Technology ETF had its biggest weekly drop in over a...
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