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Technical Analysis
Chart of the Day: A Top for Tesla?

Chart of the Day: A Top for Tesla?

Tesla ended the third quarter on a strong note, but some traders may see risk of the EV maker stalling. The first pattern on today’s chart is the $463 price area. TSLA peaked at that level twice last December before reversing lower. Sellers appeared around the same...

Monster Beverage: Breakout and Pullback

Monster Beverage: Breakout and Pullback

Monster Beverage broke out to a new all-time high in May, and now it’s pulled back. The first pattern on today’s chart is the March 2024 high of $61.23. The maker of energy drinks hesitated at that level in early May but pulled back to hold it last week. Has old...

Cisco Is Pushing a Generational High

Cisco Is Pushing a Generational High

Cisco Systems has climbed as AI investment helps power growth, and some traders may think the move will continue.

Have Biotechs Broken Their Downtrend?

Have Biotechs Broken Their Downtrend?

Biotechnology stocks have struggled this year along with the broader health-care sector, but some traders may think a bullish turn has begun.