Friday, May 3, 2024

No One Seems to Be Selling Ethereum, According to This Chart

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Ethereum had a mini-crash over the weekend along with other cryptos, but there's been very little follow through to the downside. The first thing jumping...

Media Giant May Be Attempting a Bull-Flag Breakout: Chart Study

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Comcast has pulled back after making a new high last month, and now it could be turning upward again. The media giant battled against a...

This Traditional Retailer Has Pulled Back Following a Sharp Rally: Technical Analysis

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Macy's has screamed higher since November, and now may be offering the bulls another entry. The first major pattern on the retailer's chart is the...

Blockchain Early Mover Could Be Squeezing Toward a Breakout: Chart Study

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Cryptocurrencies are in focus this week as Coinbase prepares its direct listing tomorrow. Meanwhile, another early mover in the space has some interesting chart...

Gold Miner ETF May Be Hitting a Bearish Trend Line

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Gold miners are one of the worst-performing corners of the market this year. They've bounced recently, creating a potential opportunity for the bears. This chart...

Small Cap Index Is Holding a Potentially Key Level: Chart Study

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The Russell 2000 ETF (IWM) had a strong move coming out of the vaccine news in November. It’s been consolidating for the last two...

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...

Ethereum Builds Support Above $2,000 as Altcoins Gain Traction: Chart Study

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The crypto market just passed $2 trillion of market cap thanks to a broad rally in altcoins. Now the top altcoin, Ethereum, may be...

Check Out This Key Level Morgan Stanley Is Holding: Technical Analysis

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Financials are the second-best performing sector in 2021. Now one of the biggest names has pulled back to hold some key levels: Morgan Stanley...

Bullish Triangles Across Reopening Stocks: Technical Analysis

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From Las Vegas Sands to Live Nation Entertainment and many other stocks, bullish triangles keep popping up in "reopening" plays. Notice how LVS clawed to...
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