Friday, October 11, 2024

Technical Analysis: Oil Giant Hasn’t Done This All Year

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Exxon Mobil has been drifting since the late spring along with other energy stocks. But now it’s trying to do something it hasn’t done...

Chart of the Day: Is it Prime Time for Amazon.com?

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Amazon.com has retraced almost all of its pandemic gains. Is this an opportunity for buyers? Let's consider some chart patterns. First is the $101.79 level...

Technical Analysis: Tight Consolidation in Another Clean Energy Stock

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Clean-energy stocks have been one of the strongest parts of the market lately, and today’s chart focuses on a new battery-tech name: Stem. The first...

Chart of the Day: Micron Pulls Back After Breaking Out

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Semiconductor stocks have been moving lately. Today’s chart focuses on memory-chip producer Micron Technology. The first pattern to consider is the level around $64.30. MU...

Technical Analysis: Discount Retailer Holds Gains as the Broader Market Tanks

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The broader market has been super volatile lately, which makes the tranquil behavior of one retailer interesting: Dollar Tree. Notice how the discounter plunged on...

Technical Analysis: Pullback in Yum Brands

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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...

Chart of the Day: Tight Consolidation, Golden Cross in Top Solar Stock

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Solar energy has been one of a few bright spots in this bearish market. Today we’re looking at the company in the group with...

Chart of the Day: Netflix Consolidates After Earnings Surge

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Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's...

Technical Analysis: What If Apple Holds This Price Level?

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Megacap technology stocks like Apple have dragged on the market amid disruptions in China. But what if the iPhone giant manages to bounce? Could...

This Food Stock Broke Out to New Highs. Now It’s Pulled Back

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General Mills has been a slow mover for years, but the Cheerios maker has gotten more interesting lately. The main pattern on today’s chart is...
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