Market Moving Articles

Showing 1-10 of 2,621 items.

December 14, 2017 11:42pm

A beautiful bear flag pattern has emerged on the daily chart of Autodesk Inc (NASDAQ: ADSK) and looks like it is about to play out. For the past 12 days, price has hammered on the 200 daily moving average, and price closed below it today for the second day in... Read More

December 14, 2017 1:19pm

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) have already broken major support, trading near $10 from a 52 week high of over $15.00. The nasty fact is, Advanced Micro Devices is going lower. There is a bear flag forming on the daily chart that signals further downside. There is no  support until... Read More

December 13, 2017 10:09pm

Mylan (NASDAQ: MYL) is bumping into strong resistance, both diagonal and horizontal. Furthermore, the last two trading days have shown long upper wicks. Also, company  fundamentals look quite weak right now.  Therefore, I think that price will reverse to the downside.      View ALL of my trades and Verified... Read More

December 13, 2017 3:29pm

Shares of Finisar Corporation (NASDAQ:FNSR) surged 25% after Apple Inc (AAPL) invested $390 million. The stock surged 25% to over $24.00. Based on the stock chart, it is likely Finisar Corp will continue to trade higher until it hits major resistance at $28.00. Note the chart below.   View ALL of my... Read More

December 12, 2017 2:34pm

Shares of Juno Therapeutics Inc (NASDAQ:JUNO) have fallen sharply over the last two trading days. On a technical basis, the biotech hit major support when it broke through $46.00. This is a bounce level for investors looking for a quick couple day bounce. Look for a snap back to $50 in... Read More

December 12, 2017 12:00pm

Shares of Sprint Corp (NYSE:S) continue to stay weak even as Verizon, AT&T and T-Mobile make strong moves to the upside. Investors should put the $4.55 level on their radar. This is huge support, a retrace to a former breakout. Should Sprint Corp get to $4.55 in the coming days/weeks, look to... Read More

December 12, 2017 11:38am

After being one of the first to be recognized by AWS for machine learning expertise, Veritone (NASDAQ:VERI) is ready flashing signs that it's headed north, and fast.  After yesterday's close, it not only broke above the 20 day moving average, but has broken above the current 2-month down trend.  The next... Read More

December 11, 2017 5:58pm

Michael Kors Holdings Ltd (NYSE:KORS) has surged nearly 100% since July 2017. This monster run is getting a little crazy. Technical indicators are all signaling extreme overbought, compounded with the gap fill tagged just yesterday. This is a high priority sell-short trade in the coming days. Expect a pull back to... Read More

December 11, 2017 12:16pm

Shares of Intercept Pharmaceuticals Inc (NASDAQ:ICPT) just  broke-out. After a classic consolidation triangle pattern, price as breached the upside of the triangle. This signals high odds of a surge coming. With a current price of $62.23, price could quickly appreciate to $115. A stop would be any break below the recent... Read More

December 11, 2017 11:46am

Shares of First Solar, Inc. (NASDAQ:FSLR) continue to move higher today after analysts upgraded the solar company. In 2017, First Solar has surged from $25 to a high today of $71.80. As a trader, this is getting a little crazy. Immediately, I start to scout a short-able level on the stock chart.... Read More