Thanks to a massive market pullback, Tesla (TSLA) gapped from about $250 to a recent low of $182. However, it’s just starting to come back strong. Last trading at $223.24, we’d like to see it refill its bearish gap at around $250 a share. Helping, the European...
by Ian Cooper Heading into the U.S. elections, we wanted to take a quick look at potential winners if Vice President Kamala Harris wins the election. If you believe Vice President Kamala Harris will win the election, you may want to invest in all things green. That...
Just a few days ago, we said, “After gapping to a low of $133.86, Taiwan Semiconductor (TSM) is oversold on RSI, MACD and Williams’ %R and could bounce higher. Helping, Morgan Stanley just named TSM a top pick and reiterated its overweight rating on the stock.” At the...
After pricing in a good deal of weakness, CrowdStrike (CRWD) is just starting to pivot higher. Last trading at $256.22, we’d like to see it initially refill its bearish gap at around $300. It’s also starting to pivot from over-extensions on RSI, MACD and Money Flow...
Just a few days ago, we said, “Keep an eye on oversold shares of Advanced Micro Devices (AMD). Now at $130.18, AMD is technically over-extended on RSI, MACD and Williams’ %R. From here, we’d like to see an initial retest of $150.” Today, AMD is up to $141.13 and...
Keep an eye on oversold shares of Dell (DELL). After plunging from about $150 to just under $90, the oversold tech stock is starting to pivot higher. It’s also starting to pivot from over-extensions on RSI, MACD and Williams’ %R. From its last traded price of...
by Ian Cooper In the blink of an eye, summer is almost over. And as millions of kids head back to school, it’s time for investors to jump into oversold back to school stocks. Look at Target (TGT), for example. After slipping from about $150 to $135.50, Target (TGT)...
After slipping from about $150 to $135.50, it appears to have caught strong support dating back to late 2023. It’s also oversold on RSI, MACD and Williams’ %R and could push aggressively higher, especially with the back-to-school season already here. Also,...
Keep an eye on oversold shares of Chipotle (CMG). Post-split, the stock pulled back to $48 and is just starting to pivot higher. It’s also just starting to pivot from over-extensions on RSI, MACD and Williams’ %R. From its last traded price of $55.55, we’d like to see...
Keep an eye on oversold shares of Lattice Semiconductor (LSCC). For one, it’s over-extended on RSI, MACD and Williams’ %R. Two, the last time it became this oversold using those indicators, the LSCC stock bounced from about $52 to a high of $85. Helping, Raymond...