by adammesh | Jul 28, 2023 | News
Abbott Laboratories (ABT) had a nice pop after announcing earnings, all the way up over that 115 mark of resistance. Since then, the stock has stumbled a bit, while buyers decide whether or not they want to step back in. The stock has now fallen to a support level...
by adammesh | Jul 27, 2023 | News
Today’s stock pick i less about price and levels and more about a chart pattern, which traders should also familiarize themselves with. In this case, we are watching a bearish pattern known as a rising wedge on Marriott (MAR). As you can see in the video, when looking...
by adammesh | Jul 25, 2023 | News
UnitedHealth Group (UNH) has made it across our screen yet again, as the stock is looking to make a big move. UNH stands out among the rest of the healthcare stocks because of the relative strength it has among its peers. As many of you know, during a tech induced...
by adammesh | Jul 24, 2023 | News
The market showed some signs of weakness last week, putting a pause on the rally that traders and investors have gotten so used to over the past several weeks. However, some weakness early on to start this week could present us with a great opportunity when looking at...
by adammesh | Jul 21, 2023 | News
As oil prices attempt to make a move higher, one name to watch as the stock moves off a big support level is Chevron (CVX). If price can reclaim that 160 mark, the stock should have a pretty clear path to 165. For this stock to really get going, we would need to see...