Pro Charts: Stocks & ETFs

Amazon.com Slams Into Double Top Resistance
Verified Investing
Published: Apr 13, 2024 | Author: Verified Investing
Amazon.com Slams Into Double Top Resistance
Amazon.com (AMZN) hit double top resistance this past Thursday, only to be slammed back down on Friday's stock market decline. On Thursday, it briefly made a new all-time high. Alphabet (... [Read More]
Dollar Breakout: Here Is Technical Chart Resistance
Verified Investing
Published: Apr 13, 2024 | Author: Verified Investing
Dollar Breakout: Here Is Technical Chart Resistance
The U.S. Dollar broke out two weeks ago. This told investors of the coming fear that caused the sell off in the stock market. Remember, the Dollar is a safe haven asset to the whole world. There... [Read More]
JPMorgan Chase Collapses: Technical Support Revealed
Verified Investing
Published: Apr 13, 2024 | Author: Verified Investing
JPMorgan Chase Collapses: Technical Support Revealed
JPMorgan Chase fell sharply on earnings. The stock collapsed 6.5% after Jamie Dimon said interest income would not be as good as expected. He also gave cautionary statements on geopolitical risk... [Read More]
S&P 500 Breaks Major Level, Warning Investors
Verified Investing
Published: Apr 07, 2024 | Author: Verified Investing
S&P 500 Breaks Major Level, Warning Investors
The S&P 500 has broken a major wedge pattern on the daily chart. A break below this wedge means the trend is now vulnerable and may have switched to a downtrend. This wedge stretched back to... [Read More]
Apple (AAPL) Nears Major Head And Shoulder Breakdown
Verified Investing
Published: Apr 07, 2024 | Author: Verified Investing
Apple (AAPL) Nears Major Head And Shoulder Breakdown
Apple Inc. (AAPL) is hammering on a head and shoulder neck-line. Should this pattern trigger, the first downside target would be $155.00. Head and shoulder patterns are classic bearish te... [Read More]
Gold Breaks Out, Here Is The Target Price
Verified Investing
Published: Mar 26, 2024 | Author: Verified Investing
Gold Breaks Out, Here Is The Target Price
Gold has a broken out of an inverse head and shoulder pattern. Inverse head and shoulder patterns are bullish and the target can be calculated. Since 2020 gold has hammered on the resista... [Read More]
Medifast Offers Interesting Risk vs Reward Trade Setup
Verified Investing
Published: Mar 25, 2024 | Author: Verified Investing
Medifast Offers Interesting Risk vs Reward Trade Setup
Medifast, Inc. (MED) has fallen 90% since its highs in 2021. This is primarily due to the weight loss drugs Ozempic and others. Medifast has a business model that deals with protein drinks, weig... [Read More]
Trade It: META Hits Epic Trend Line Of Resistance
Verified Investing
Published: Mar 25, 2024 | Author: Verified Investing
Trade It: META Hits Epic Trend Line Of Resistance
Meta Platforms, Inc. (META) has risen 466% since its lows in October of 2022. This epic run has seen no major pullbacks along the way. However, the chart is now showing significant resistance at... [Read More]
US Equity Valuation At All-Time High vs. China And Brazil
Verified Investing
Published: Mar 23, 2024 | Author: Verified Investing
US Equity Valuation At All-Time High vs. China And Brazil
US stocks continue to be the favored investment for domestic and global investors. This gets intriguing if there is a reversion to the mean where foreign markets like Brazil and China play catch... [Read More]
Oil Chart Signals Downside And Recession Ahead
Verified Investing
Published: Mar 23, 2024 | Author: Verified Investing
Oil Chart Signals Downside And Recession Ahead
The spot crude oil chart is looking very bearish on the bigger time frames. Oil is consolidating in a bear flag below two MAJOR trend lines. It looks like oil is capped in the near-term at $83-$... [Read More]