Our analysis and trading strategy on this 'wild bunch' stock.
The larger pattern of higher highs and lows does give us reason to consider the buy side in AXP.
Last week total volume for Nasdaq has fallen off, with Friday the lowest volume day in nearly three months -- even more curious is that the New York Stock Exchange saw no such drop off.
These well-known names are displaying noteworthy technical deterioration.
It's interesting how much the charts have changed in six months or so.
Let's check out a few charts and indicators.
The price action here appears to be signaling the market sees that better things are yet to come.
A correction in the price of JD.com could serve as a buying opportunity.
As Disney World reopens, the shares may disappoint longs in the days ahead.
Valuation continues to appear extended.
Let's take a fresh look at TSM.
The problems for the shares started long before the pandemic.
The charts and indicators of SA are bullish.
The market can continue this way for a long time, and that would be bearish. It's also one of three paths I see it going from here.
PD has the setup for a breakout move, but we don't have the triggers just yet.
Let's review the charts and indicators once again.
Our updated strategy with new price targets and stops.
What's the technical strategy?
Let's check the GPS and come up with a trading strategy.
I feel good in recommending the long side of LEN at current levels.
A decline back to the $7 area or even lower is possible in the weeks ahead.
The firm easily outperformed expected comparable sales for the month of June.
Layoff news from UAL is another reminder that things are not so rosy for the airlines.
Let's look at the S&P 500 and Tesla as examples of why fundamentals are out the window.
A look at COST amid its impressive June sales numbers.
In the 1990s, we had the 'new economy' stocks and the 'old economy' stocks. Sound familiar?
All the current indicators from trend to momentum to price action sit in a bullish position as the stock breaks above resistance.
The spot market is above the $1,800 threshold.
TWTR looks like it's ready for a sustained move higher.
What's next with our previous price target in the rearview mirror?