Technicals Archives - Page 6 of 116

2 minute read

Direxion Retail Bull ETF Rallies As GameStop Traders Look For Diversification To Play The Stock’s Surge

May 13, 1:03 PM

Direxion Daily Retail Bull 3X Shares (ARCA: RETL) was surging about 10% on Monday, partly driven by massive bullish momentum in GameStop Corporation (NYSE: GME) stock –the latter which was skyrocketing about 65% after Keith Gill

AMZN

2 minute read

A Look At How Microsoft’s 54 Percent Annual Increase Is Fueling Investor Optimism And What The Future May Hold Amid Market Volatility

By Zaheer Anwari

May 13, 11:34 AM

Microsoft's stock rose 54% throughout 2023, boosting investor confidence in its growth potential. For long-term investors, if Microsoft's stock price goes above the $430 resistance level, it would signal a new phase of growth.

MSFT

2 minute read

Utilities Notch 7th Straight Session Of Gains: ‘Potential Derivative Play To The AI Boom’

By Piero Cingari

May 9, 4:56 PM

Utilities sector outperforming S&P 500 since beginning of year, gaining attention for potential as derivative play to AI boom.

2 minute read

GameStop Stock Looks Ready To Level Up As Bulls, Bears Zoom In On Technical Patterns

By Melanie Schaffer

May 9, 1:27 PM

GameStop Corporation (NYSE: GME) was slightly volatile again on Thursday, popping up almost 4% after the market opened before falling from the high-of-day amid increasing interest in the stock from bulls and short se

GME

2 minute read

As Spot Gold Stalls Will Investors Turn To Gold Miners? This ETF Looks Ready To Break Out And Offers 2X Leverage

By Melanie Schaffer

May 8, 3:49 PM

Spot gold was trading flat Wednesday, continuing to consolidate in a sideways pattern after reaching record highs in April, partly propelled by China escalating its purchases of the commodity.

DUST

2 minute read

McDonald’s Stock Faces Death Cross, And Investors Aren’t Loving It

By Surbhi Jain

May 8, 2:50 PM

McDonald's expects its fiscal 2024 operating margin to fall in the mid-to-high 40% range with capital expenditure of up to $2.7 billion.

DNUT

2 minute read

PepsiCo Stock In Uptrend With Golden Cross In Sight, Driven By Q1 Earnings Beat

By Surbhi Jain

May 8, 12:03 PM

PepsiCo's stock is currently trading at a premium, its robust dividends provide some downside protection for investors.

PEP

2 minute read

Aurora Cannabis: Medical Market In Focus, Golden Cross Suggests Stock Uptrend Ahead Of Q1 Earnings

By Surbhi Jain

May 8, 9:17 AM

Aurora Cannabis' "Golden Cross" pattern is a bullish signal and comes as marijuana market conditions improve across various states

ACB

2 minute read

Shopify Prepares To Report Q1 Earnings: Charts Indicate Bullish Reversal, Analysts Predict Downside

By Surbhi Jain

May 7, 1:40 PM

Shopify (SHOP) will report Q1 earnings on Wednesday. Technical indicators suggest a bullish trend, while analysts foresee a downside potential of -17.70%.

SHOP

2 minute read

Will Q1 Earnings Drive Uber Stock Out Of Its Current Stagnant Trend?

By Surbhi Jain

May 7, 10:53 AM

Uber stock is experiencing selling pressure, indicating future bearish movement. However, the MACD indicator is -1.49, suggesting bearishness.

UBER