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Chart of the Day: Is Tesla Going into Reverse After a Sharp Rally?

Chart of the Day: Is Tesla Going into Reverse After a Sharp Rally?

Tesla had a sharp rally in late March, but now there could be evidence of sellers taking the wheel. The first major pattern on today's chart is the trendline running along the peaks of November 4, January 4 and April 5. Each time prices have approached with a bang,...

Chart of the Day: Here’s a Rare Breakout in the Technology Sector

Chart of the Day: Here’s a Rare Breakout in the Technology Sector

Most technology stocks remain well off their highs in 2022, but not Juniper Networks. The maker of routers and switches closed at its highest level in almost 11 years last week. The breakout followed some interesting patterns that may anticipate a bigger move. First,...