-
Most Popular
Trade of the Day
Trade of the Day: Dollar Tree Stock Becoming a Penny Bargain
DLTR stock fell more than 20% over the past few trading sessions. From a price action perspective in the near term the stock is now getting markedly oversold and ripe for a tradeable bounce.
Trade of the Day: The Year-End Bull Case for the Russell 2000
The IWM ETFtrotted sideways for most of the year after a rally in January and February. The recent breakout attempt however is getting attention and could indeed result in more upside through year-end 2019.
Trade of the Day: Canopy Growth Leaves Bullish Mark on the Charts
Cannabis stocks like CGC stock rallied on November 20th, which in turn left a notable bullish mark behind on the chart. All else being equal this now calls for more upside in the stock.
Trade of the Day: Home Depot Stock Points Lower Still
HD stock tumbled more than 5% on Tuesday November 19th after the company's latest earnings report. Through the lens of technical analysis Tuesday's price action qualifies as a so called 'bearish reversal,' which is to say that HD stock may have lower to go in coming days/weeks.
Trade of the Day: KSU Stock Is Losing Steam
KSU stock has rallied in near-vertical fashion in recent weeks and at this stage is notably overbought. It sets up for a short-side play.
Trade of the Day: A Cost-Effective Bullish Trade in CMG Stock
The recent retracement in CMG stock was a much needed reprieve and the stock now looks ready to make another rally attempt. Additionally, the options market currently offers affordable ways to buy CMG stock for a trade.
Trade of the Day: THC Stock Offers Bearish Opportunities
After a near vertical rally, THC stock is now dangerously overbought in the near term, offering opportunity to the bears with a well-defined downside target.
Trade of the Day: A McRebound Trade in MCD Stock
On the charts, MCD stock has reached a notable area of technical support where a tradeable bounce is likely to occur.
Trade of the Day: GRMN Stock Losing Orientation on the Upside
The latest rally in GRMN stock has taken it into parabolic overshooting mode. A short-side trade is setting up for active investors and traders.
Trade of the Day: Chase AAPL Stock Higher at Your Own Risk
It has been another impressive year for AAPL stock, but it has now reached a critical technical inflection point just as the company is about to report earnings. Chase AAPL stock higher from here at your own risk...
Trade of the Day: More Pain Ahead for TXN Stock
TXN stock fell hard on October 23rd following the company's latest earnings report. As a result the stock also sliced through some important near term technical support areas and the path of least resistance points lower still.
Trade of the Day: Johnson and Johnson Stock’s Dip Is Signal for the Bulls
JNJ stock while largely flat in terms of performance for the year-to-date has dropped nearly 10% over the past few trading days, bringing it to a well-defined support area. This, coupled with a still attractive dividend yield should get the bulls' attention.
Trade of the Day: High-Yield HYG ETF Screams a Bearish Setup
The HYG etf has largely trotted sideways over the past couple of years and increasingly is tracing out a concerning pattern that ultimately could result to plenty of downside.
Trade of the Day: Nvidia Stock Points Lower Again
Among the victims of stock market volatility of late are the semiconductor and related stocks such as Nvidia. NVDA stock recently rejected a technically important area on its chart and now points lower again.
Trade of the Day: Play the Cracks in the PowerShares QQQ ETF
After violating a notable technical pattern, the path of least resistance for the QQQ ETF looks to point lower toward a well-defined downside target.
Trade of the Day: TD Ameritrade Stock Is So Bad It’s Good
AMTD stock has been in a down-trend since 2018 and the latest dive has it severely oversold, meaning a relief-bounce could be in the cards.
Trade of the Day: Mastercard Stock Is a Trend-Follower’s Dream Come True
Over the past few weeks, MA stock has once again reached the lower end of a strong trend, which offers traders and investors a chance to enter this trend at better prices.
Trade of the Day: Amazon Stock Is Flashing Major Bearish Patterns
AMZN stock has traced out a well-defined bearish pattern on the charts and violated several key technical support areas.
Trade of the Day: FedEx Stock Is Trending Downward
FDX stock has seen wild swings throughout 2019 and these swings are continuing after the company's latest earnings report. The trajectory for FedEx continues lower.