by adammesh | Aug 2, 2023 | News
Our stock today may sound very familiar, and that’s not only because it’s one of the more well-known stocks on the market today, but also because we talked about it pretty recently. When we last talked about Moderna (MRNA), we made note of the 115 level on the price...
by adammesh | Aug 1, 2023 | News
For the last couple months, Nvidia (NVDA) has been one of the best performing stocks in the market. However, despite this outperformance, the stock has found itself somewhat bound between a few levels of resistance and support, forming a wedge pattern in the process....
by adammesh | Jul 31, 2023 | News
Sooner or later, levels get broken. On our stock today, McDonald’s (MCD) there are two levels to be aware of. The first one is the level of support that has been forming around 290. This mark has stepped up to remain as support a couple different times in the recent...
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...
by adammesh | Jul 20, 2023 | News
Our last trade was a bearish call on a healthcare stock, which is a great lead in to our trade idea for today, Thursday, July 20, 2023. UnitedHealth Group (UNH), recently made a massive move on the back of an earnings report that Wall Street seemed to really like....
by adammesh | Jul 19, 2023 | News
In a market that seemingly won’t be stopped on its way higher, we managed to find a bearish play. Illumina (ILMN) has been bouncing along a support level of around 180 for quite some time before breaking below it very briefly. This trade is another very straight...
