Tuesday, April 30, 2024

Bears Could Be Targeting the U.S. Dollar Again. Check Out Today’s Technical Analysis

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The U.S. Dollar has been stabilizing all year, but now the bears may be returning to their old hunting ground. Several features have appeared on...

Charting Silver: Is It Groundhog Day for the White Metal?

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Silver began a monster rally about a year ago. Now the technicals could be lining up similarly. First, consider how XAGUSD dumped after hitting resistance...

Chart of the Day: South American Energy Giant May Be Attempting a Breakout

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Emerging markets have mostly struggled lately as the U.S. dollar climbed. That may have created an opportunity in Brazilian energy driller Petrobras. Unlike other oil...

This Social Media Stock May Be Squeezing Toward a Breakout: Technical Alert

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Snap is an expensive growth stock. It’s the kind of name investors have mostly avoided this year, although recent weeks have seen a shift...

Chart of the Day: Is Bitcoin’s Long Slide Finally Ending?

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Bitcoin has been under pressure since early November, but now the top cryptocurrency may be showing signs of turning higher. The first pattern on this...

Technical Analysis: Coffee Giant Breaks Out, Then Pulls Back

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Restaurant stocks had a big surge last month thanks to Chipotle Mexican Grill's (CMG) monster quarter. Starbucks (SBUX) went along for the ride and...

Technical Analysis: Intel Is Trending Lower

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Recent sessions have seen fireworks in chip stocks like Advanced Micro Devices and Nvidia. The same cannot be said of Intel. The semiconductor giant gapped...

Technical Analysis: Bonds Fly a Potential Bearish Flag Before Key Economic Data

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Bonds have been in a steady downtrend all year. And now, after a period of consolidation, the iShares 20+ Year Treasury Bond ETF may...

Small Caps Are Struggling: Check Out This Technical Analysis

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The S&P 500 keeps hitting new highs, but the Russell 2000 small cap index hasn’t been so fortunate. RUT has gone almost four months without...

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...
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