2 Hot Stocks Go Parabolic: Are Shares About To Be Slapped Down?
Shares of Pfizer Inc. (NYSE: PFE) and Advanced Micro Devices, Inc. (NASDAQ: AMD) have gone parabolic. This means they have broken out and made huge gains in just a few days.
Tesla Vs. Lordstown Motors: Why TSLA Stock Is Winning
Sometimes, shares of companies that are in the same industry have similar chart patterns. They have similar trends and a tendency to reach important inflection points at the same time.
Is Walmart Stock About To Break Out?
Shares of Walmart Inc. (NYSE: WMT) have crashed into a wall of resistance around the $143.50 level. This could put a top on the price, at least temporarily.
Is It Time To Buy The Alternative Harvest Cannabis ETF MJ?
In financial markets, there are certain price levels that are more important than others. And the ETFMG Alternative Harvest ETF (NYSE: MJ) is getting close to one. If it reaches it, it could be a good time to buy it.
Is Roblox Going Even Lower?
Since the beginning of June, shares of Roblox Corporation (NYSE: RBLX) have been trending lower. They've now broken an important support level, which means the downtrend could continue.
Is Facebook Stock Forming The Dreaded Head-And-Shoulders Pattern?
Stocks don’t go straight up. They typically form a series of price ranges, each one higher than the previous one. When this happens, the resistance level of one range converts into the support of the following range.
Amazon Stock Gets Crushed After Earnings: A Technical Take
After a disappointing earnings report, shares of Amazon.com, Inc. (NASDAQ: AMZN) are trading much lower Friday morning. Yesterday’s closing price was $3,599.95 and share are trading around the $3,350 level, a loss of almost 7%.
This ETF Has A 10% Dividend Yield
Many analysts believe the economy is showing signs of significant inflation. They see it in various metrics and indices that are used to track it.
But income-seeking investors still don’t have many attractive options. Yields and rates are still well below their historical averages.
Lordstown Motors Stock Vs. Nio Stock: A Technical Race To The Bottom?
Shares of both Lordstown Motors Corp. (NASDAQ: RIDE) and NIO Inc. (NYSE: NIO) may be in trouble. Each appears to be breaking important support. This could set the stage for rapid and large moves lower.
Is It Time To Sell Trinity Place Stock?
When markets are in rally mode, the bulls are in charge. If they are trending lower, it’s the bears who are in control. A reversal day pattern after an uptrend illustrates a change of this leadership from bulls to bears.