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Scanning for Strong Reversals via Bullish Engulfing Patterns

by Karl Montevirgen

The market's pulling back, but you expect the decline to be short-lived. You believe it's a mere dip, so you're scanning the market for a few stocks that might be on the verge of a strong upside reversal... Read More 

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Is This BUD Still For You?

by Karl Montevirgen

BUD's stock price has fallen hard, but it may be at a critical buy point. Is the king of beers (or rather, its parent company) a good buy, or is it something to avoid for now? Let's take a closer look... Read More 

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Hershey Stock Pulls Back: Now's Your Second Chance

by Jayanthi Gopalakrishnan

Hershey's stock has pulled back. If you missed a previous opportunity to own the stock, this may be your second chance. Explore a few simple technical analysis tools that can help determine if the stock presents a buying opportunity... Read More 

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Gold's Wild Ride: A Bullish Uptrend or a Bearish Freefall?

by Karl Montevirgen

A couple of weeks ago (early May), the price of spot gold reached a high of $2085 an ounce, nearly challenging its all-time high of around $2089 last reached in 2020. Since then, gold's had a rough ride... Read More 

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Trading Opportunities: Is Amazon Stock a Buy?

by Jayanthi Gopalakrishnan

Amazon's stock price is starting to show some momentum. Will the stock break above its February high and ride to its next resistance level? Keep an eye on its SCTR score. If it stays above 70, this could be a nice ride... Read More 

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Chevron: Navigating the Intersection of Technical Uncertainty and Fundamental Strength

by Karl Montevirgen

Chevron's (CVX) technical health could be in better shape according to numerous indicators best summed up by the StockCharts Technical Rank (STCR) score. Talking about underwhelming performance, CVX is clearly in decline... Read More 

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Alphabet Stock (GOOGL) Is Gaining Momentum: Will It Soar or Sink?

by Jayanthi Gopalakrishnan

Running scans as part of your daily trading routine can reveal surprising trading candidates. Alphabet, Inc. stock is well-loved among investors and a massive component of the S&P 500 index. But GOOGL has struggled... Read More