Coca-Cola has gone nowhere for a year, and some traders may see downside risk.
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Chart of the Day: Is the AI Trade Done for Now?
AI has been a dominant theme for months, but some traders may think the robots are getting tired.
Chart of the Day: More Downside in the Greenback?
The U.S. Dollar Index began 2025 with a dramatic slide. Now, after a period of consolidation, some traders may see further downside risk.
Chart of the Day: Best Buy’s Lower Highs
Best Buy fell sharply on “Liberation Day.” Now, after a modest rebound, some traders may see further downside risk.
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 Systems has climbed as AI investment helps power growth, and some traders may think the move will continue.
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.
Chart of the Day: Potential Uptrend in Newmont
Newmont has been climbing this year, and some traders may see further upside in the S&P 500’s only pure-play gold miner. The first pattern on today’s chart is the pullback since mid-April. The lower low, lower high and second lower low may be viewed as ... ...
Chart of the Day: Is Tesla Running Out of Road?
Tesla has been rangebound for the last two months, and some traders may think it’s running out of road. The first pattern on today’s chart is the March high of $291.85. The EV maker peaked around the same level in late April and remains stuck there again in early May....