Gareth Soloway 
Shares of Home Depot (HD) may have put in a significant top as of yesterday. The daily chart formed a topping tail. Topping tails are bearish reversal signals. Home Depot has risen from below $250 to above $320 in just over a month.…
Shares of IQIYI Inc (IQ) are under pressure today after it was revealed that Credit Suisse (CS) sold another 35 million shares at $15.85. These shares were a result of the Archegos collapse as the bank continues to take heavy losses from the blowup.…
$VIAC trying to breakout again. Been trying for days against this trend line. Take note of the chart below…
Members of Gareth’s Verified Investing Alerts closed out a total of 206 swing trades in 2020 for a net gain of 1,507.67%.…
There is a clear head and shoulder pattern on the daily Russell 2000 ETF (IWM) chart. Head and shoulder patterns are bearish and will trigger when the neck-line is breached. Once that happens, a smart investor can calculate the downside target.…
Shares of U.S. Steel (X) are falling as the stock unwinds an overbought situation as the infrastructure bill has stalled in the near-term. As U.S. Steel falls, investors can look at a major trend line of support stretching back from to September 2020, when the stock was under $7/share.…
Shares of Square Inc (SQ) have seen a meteoric surge in the last seven trading days. The stock as rocketed from $203.00 to a high today of $255.75. This epic surge gives rise to a quick swing short trade setup. The price point is $268.05 and is a technical gap fill level.…
Shares of Facebook Inc (FB) continue to surge higher. The stock has now gained over 23% in the last month. While extended, the stock chart technical analysis signals Facebook still likely has further upside. To find the price target on Facebook, simply connect the pivot highs from July 2018 and August 2020.…
Shares of marijuana stock Tilray Inc (TLRY) continue to grind lower, breaking key support on the chart. Based on the technical chart setup, the stock is setup to go to $12.50 before finding a significant bottom. The $12.50 level is major because of the daily 200 moving average as well as a pivot chart support going back to November 2020.…
Shares of GSX Techedu Inc (GSX) are bouncing sharply today after forced selling of shares linked to the Archegos collapse conclude. Smart investors know, when stocks drop sharply based on no material information about the company, it is a rare buying opportunity.…
Shares of Novovax Inc (NVAX) continue to struggle as the Covid-19 vaccine maker has yet to get their vaccine approved. Being late to the party is causing investors to unload. While investors run, there is a technical chart level to watch.…
