Technicals - Spark Newswire

1 minute read

Is Alibaba’s Stock About To Rally?

Today, 9:04 PM

Support is a large concentration of buyers who are all looking to pay the same price. At support levels, there is more demand for shares than there is supply. That’s why sell-offs end when they reach them. Sometimes when stocks fall to support, the tide turns and the stock rallies or rebounds.

BABA

1 minute read

Shorts Get Crushed After Carnival’s Stock Breaks Out

By Mark Putrino

Today, 9:04 PM

For three months, sellers kept a top on shares of Carnival Corporation (NYSE: CCL). Each time shares reached the $30 level, sellers overpowered the buyers and drove the price lower. But now things are different.

CCL

2 minute read

Naked Brand Stock Is Nearing Resistance In Ascending Triangle Pattern

By Tyler Bundy

Today, 9:04 PM

Naked Brand Group LTD. (NASDAQ: NAKD) shares were trading higher Wednesday as retail traders show renewed interest in the stock.

AMC

2 minute read

PreMarket Prep Goes To The Movies: A Technical Analysis Of Cinemark, Imax

By Joel Elconin

Today, 9:04 PM

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.

AMC

2 minute read

Sorrento Therapeutics Looks Like It May Have Broken Out Of A Falling Wedge Pattern

By Tyler Bundy

Today, 9:04 PM

Sorrento Therapeutics Inc. (NASDAQ: SRNE) shares are trading higher Wednesday after the company announced it completed an acquisition of ACEA Therapeutics. The merger was completed June 1, and ACEA became a wholly owned subsidiary of Sorrento.

SRNE

2 minute read

Rocket Companies Is Nearing A Key Resistance Level And May Break Out Even Further Soon

By Tyler Bundy

Today, 9:04 PM

Rocket Companies Inc. (NYSE: RKT) shares are trading higher Wednesday as retail traders have renewed interest in the stock.

AMC

2 minute read

Is Koss Stock Garnering Strength For Another Big Move?

By Melanie Schaffer

Today, 9:04 PM

Koss Corporation (NASDAQ: KOSS), a headphone designer and manufacturer, has seen bullish action in its stock recently following renewed interest from investors.

KOSS

1 minute read

Is Google Stock About To Sell-Off?

By Mark Putrino

Today, 9:04 PM

Shares of Alphabet Inc. (NASDAQ: GOOGL) may be about to head south. The stock has run into resistance at $2,390. There’s a large concentration of sellers at this level. There is enough supply to satisfy all of the demand. That keeps the price from moving higher.

GOOGL

1 minute read

Is Vertex Energy’s Stock Stock About To Hit Resistance?

By Mark Putrino

Today, 9:04 PM

Markets have memories. This means a particular level could be important for a long time. The importance may last for weeks, months, or even years. This is why shares of Vertex Energy, Inc. (NASDAQ: VTNR) may soon hit resistance.

VTNR

2 minute read

PreMarket Prep Stock Of The Day: Dell Technologies

By Joel Elconin

Today, 9:04 PM

The price action in Dell Technologies Inc (NYSE: DELL) following its first-quarter report makes Dell the PreMarket Prep Stock of the Day.

DELL