Wednesday, May 15, 2024

Tesla Faces a Make or Break Moment as Electric Vehicle Stocks Surge Back

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Tesla's stock could be at critical juncture as investors rotate back to zero-emission stocks like electric cars and solar energy. The chart below shows how...

Tesla’s Stock Is Holding Support as Relative Strength Turns Positive

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After months of weakness, Tesla may be charged for another move to the upside. Some interesting patterns have recently appeared on the electric-car maker's chart. First...

Chart of the Day: Mega Candle in Johnson & Johnson

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Johnson & Johnson is often a dull stock, but it had some exciting price action yesterday. The health care giant dropped 1 percent in the...

Bearish Triangle and Death Cross in Zoom Video: Technical Analysis

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As Zoom Video Communications continues to struggle, more bearish patterns have appeared on the chart. First, the recent price action has resulted in a descending...

Energy Stocks Could Be Hugely Oversold, According to This Chart

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Energy is the top performing sector this year, despite two months of weakness. It now appears hugely oversold in comparison with crude oil prices. The...

Chart of the Day: More Upside in Advanced Micro Devices?

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Advanced Micro Devices rallied hard on strong results in late July. Now almost two months later, the chip stock may be ready for another...

Nio Could Be Attempting a Breakout Before Earnings Next Week: Chart Study

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Nio was one of the top stocks in 2020, making even Tesla look like a savings bond. It’s pulled back hard and is now...

Bullish or Bearish? The S&P 500 Faces a Death Cross as It Tries to...

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The S&P 500 has been in a steady downtrend all year. That makes it a good time to assess the state of the index...

Technical Analysis: This Data Storage Company Is Breaking Its Downtrend

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Seagate Technology has spent the last five months pulling back. But now it may be turning around. The main pattern on today's chart is the...

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...
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