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Tesla has been on anything but autopilot since peaking above $1,240 in early November. The EV giant first made a lower high near $1,200, followed by a lower low under $900 yesterday.
Taking a step back, the price action is starting to resemble a downward channel. This could be interesting because it could potentially turn into a bullish flag. However it will take time to know that.
In the meantime, what do we know? First is the falling trendline at …
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Money is flowing back into stocks as investors hope for a better inflation report this week. The S&P 500 rose 1.9 percent between Friday, May 3, and Friday, May 10. It was the third straight positive week. More than four-fifths of the index's members advanced,...
Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s chart is the gap higher on March 12 after earnings surprised to the upside. ORCL retraced the move and is starting to...
Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Caterpillar (CAT) and Intel (INTC) reported profits above Wall Street estimates. However...