Friday, October 11, 2024

Chart Study: Is CSX Ready to Start Rolling?

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Railroad operator CSX has squeezed into a tight range for almost five months. Now it may be ready for a breakout. The first pattern jumping...

American Tower: Old Resistance, New Support at Key Line?

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American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector. It’s been in a long-term uptrend thanks to...

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...

Energy Stocks Look Like Technology Did Five Years Ago: Technical Analysis

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2022 has begun with another sharp rotation from growth to value stocks. The SPDR Technology ETF had its biggest weekly drop in over a...

This Sporting Goods Stock Is Starting to Run: Technical Analysis

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Dick's Sporting Goods has been running. Now, after a brief pause, it may be ready to keep moving. The first interesting pattern on the daily...

Chart Study: Do You Know This Chipmaker Getting Close to Record Highs?

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Micron Technology (MU) has stalled after a big rally. Is it time to buy the dip? The first pattern on the memory-chip maker's chart is...

Is This Level a Lucky Number for Facebook? Here’s Today’s Technical Analysis

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Technology and the Nasdaq have gone through a rough spot lately because of inflation. That may be creating an opportunity in social-media giant Facebook. FB...

Chart of the Day: Nvidia and the Midcap Breakout

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Megacap growth stocks like Nvidia have outperformed for years. But traders looking for the trend to change may see more evidence of a shift. Today’s...

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...

Cloud-Computing vs Crude Oil: Lessons in a Dramatic Chart

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One of the biggest events in the history of the Dow Jones Industrial Average happened last August when Salesforce.com replaced Exxon Mobil as an...
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