Whenever we see price gapping up or down, as happened with META in February, we prepare for the possibility of an island reversal. After the gap up, price forms a cluster, the island, and we ponder the possibility of a gap down to complete the reversal. During the formation of…
We’ve been covering the signs of weakness for stocks, from the bearish divergences in March, to the mega-cap growth…
Last week, investors were spooked by geopolitical tensions and expectations of interest rates remaining higher for longer. The fear…
Value taking the lead from growth The weekly RRG above shows the rotation for Growth vs Value stocks. The…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Ryan Redfern, ChFC CMT of Shadowridge Asset Management. David highlights…
Tesla’s (TSLA) first-quarter earnings reported after Tuesday’s market close was lackluster, bordering on disastrous. Yet the stock jumped 16%…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Bret Kenwell of eToro. Bret shares the levels he’s watching…