Friday, October 11, 2024

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...

Bearish Patterns Appear in this Industrial Giant

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Caterpillar was a top pick among investors for the rebound last year. But now the chart is showing several bearish patterns. First is the string...

This Social Media Stock May Be Squeezing Toward a Breakout: Technical Alert

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Snap is an expensive growth stock. It’s the kind of name investors have mostly avoided this year, although recent weeks have seen a shift...

Charting Silver: Is It Groundhog Day for the White Metal?

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Silver began a monster rally about a year ago. Now the technicals could be lining up similarly. First, consider how XAGUSD dumped after hitting resistance...

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 Study: Can Nvidia Climb a Wall of Worry?

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Nvidia has gone nowhere since the summer, but now the chart may be lining up for another push to the upside. The first pattern is...

Chart of the Day: Chinese Electric Car Stock Rallies and Pulls Back

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Most Chinese stocks remain well below their 52-week highs, but not Li Auto. Let's consider some of the patterns on the Beijing-based maker of electric...

Technical Analysis: Amazon.com Bounced After Earnings. Now What?

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Amazon.com rallied sharply on some bullish news last week. But it may face some bearish patterns over the intermediate and longer terms. First, consider the...

Amazon.com Could Be Preparing for a Breakout: Technical Analysis

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Amazon.com has consolidated since last August. Now it may be ready for a breakout, especially with the Nasdaq leading again. Friday’s close of $3,510.98 was...

Chart of the Day: CrowdStrike Pulls Back

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CrowdStrike has been making new 52-week highs as the broader market languishes. Now after a quick pullback, some traders may look for the cybersecurity...
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