Which Direction Will This Tech Stock Break?

Our stock today popped above a key resistance level, which means higher prices should come, as long as breakout level holds and the market continues its march upward. After selling off over night due to some lack luster earnings reports, that uptrend may be in...

Why This Tech Stock Could Be Headed Even Higher

After the day the market had today, it is reasonable to assume we have some follow through today. That being said, tech stocks have had a great last couple of weeks with today’s stock being another one that looks to be gearing up for a further move higher. Snowflake...

2 Stock Setups Every Trader Should Take Note Of

In this issue, we are going to talk about two stocks who have very similar setups. For us, the most important thing to watch is price and finding those price levels that are most significant when it comes to the stock in question. In addition to that indicator, we can...

Why $70 Is This Stock’s “Magic” Number

Our stock today, Seagate (STX), has tested a key resistance level at $70, a level that has proved to be an important level in the past as you can see by the line drawn on the chart below. This implies that a break through that level could lead to a run up to $75, and...

Is This Software Stock Ready To Soar?

Today’s stock is a great example of when a former resistance level is broken, and then becomes the next level of support. This idea of resistance turned support means that a previous level of resistance is broken as the stock rallies up through that price, but then...