Saturday, July 13, 2024

Chart of the Day: Alphabet Pulls Back After Earnings Rally

Alphabet jumped to a new 52-week high on strong results last week. Now it may be giving trend followers a potential opportunity. The first pattern...

Chart of the Day: Is Caesars Following Travel Stocks Higher?

Travel stocks have climbed recently, and now Caesars Entertainment could be showing signs of strength. The first pattern on today’s chart is the falling trendline...

Chart of the Day: Will Small Caps Follow the S&P Higher?

The Russell 2000 small cap index has lagged all year, but it may be showing some signs of coming to life. The first pattern on...

Technical Analysis: Don’t Forget About Alphabet

Alphabet has been on the sidelines since a big rally in May. Is it time for traders to think about more upside? The first pattern...

Chart of the Day: Carnival Pushes a Key Level

Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher. The first pattern on...

Chart of the Day: Micron Pulls Back After Breaking Out

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: Could Be Struggling After Uncertain Guidance

0 may be showing signs of weakness after another post-earnings drop. The first pattern on today’s chart is the rising trendline along the lows of...

Chart of the Day: Will Alcoa Continue Lower?

Alcoa rallied early last year after the Ukraine war threatened aluminum supplies. It’s struggled since and now some traders may expect further pushes to...

Technical Analysis: Merck Could Be Breaking Out

Merck surged in late 2022 and consolidated during the first quarter. Now the drug maker could be breaking out. The first pattern on today’s chart...

Chart of the Day: Apple Pulls Back After a ‘Golden Cross’

Apple clawed to a six-month high last week. Is it done or will prices continue higher? The first pattern on today’s chart is the price...
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