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Netflix jumped earlier this month after announcing results. It’s now consolidating, and some traders may see potential for more upside.
The first pattern on today’s chart is the bullish gap on October 19 following the quarterly report. Prices cleared a peak of $394.90 from two weeks prior and have remained there since. Has old resistance become new support?
Second …
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The S&P 500 just had its biggest weekly rally in a year, but Verizon Communications didn’t participate. Are the bears moving in? The first pattern on today’s chart is the trio of drops following the last three quarterly reports. Those may reflect ... For more,...
Stocks are exploding to new highs as investors look forward to a second Trump Administration. The S&P 500 surged 4.7 percent between Friday, November 1, and Friday, November 8. It was the biggest weekly gain in a year, sending the index above 6,000 for the first...
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